PPACA: Third-fastest health insurance expansion in history

The Obama administration announced today that the Patient Protection and Affordable Care Act has expanded health coverage to 16.4 million people who were previously uninsured. This means Obamacare has expanded medical insurance faster than any new policy since Medicare and Medicaid were created in 1965.  

The announcement today counts 14.1 million people who have enrolled in private plans or expanded Medicaid coverage since 2013, and 2.3 million young adults who were allowed to stay on parent’s health plans until the age of 26. The percentage of Americans without health insurance dropped from 20.3 percent two years ago to 13.2 percent today, according to the administration’s analysis of Gallup polling data. That’s impressive.