Obamacare Achieving its Goal of Insuring More Americans

According to data supplied by the Gallup Well Being Index, the Affordable Care Act, otherwise known as Obamacare, has made significant changes to the numbers of people now with basic health insurance benefits.

In 2006 the number of American without any type of health insurance reached an all-time high of close to 44 million people. That accounted for about 17% of Americans. The trend continued through 2010, with many states having even lower percentages of their populations covered.

Today, with the implementation of Obamacare there are more Americans with some kind of health insurance than ever before. Since ACA was launched 10 million more people joined the ranks of the health-insured and no longer have to fear paying full price for medical care.


About James Cannon

James Cannon is an experienced hedge fund analyst. He has served on the advisory boards for various different Fortune 500 companies as well as serving as an adjunct professor of finance. James Cannon has written for a variety of Financial Magazines both on and off line. Contact James at james[at]businessdistrict.com