Monday, October 26, 2015

Individually Purchased Health Insurance, 2014

A substantial 13 percent of Americans under age 65 now have health insurance purchased directly from private health insurance companies, thanks in large part to the marketplaces established by the Affordable Care Act. The Employee Benefit Research Institute has produced a detailed analysis of 2014 health insurance stats, and this is who has insurance through their own individual plan by age and family income...

Percent with individually purchased health insurance by age
Under age 18: 9.9%
Aged 18 to 25: 13.3%
Aged 26 to 34: 11.8%
Aged 35 to 44: 11.3%
Aged 45 to 54: 14.8%
Aged 55 to 64: 16.1%

Percent with individually purchased health insurance by family income
Under $10,000: 12.4%
$10,000 to $19,999: 11.8%
$20,000 to $29,999: 13.1%
$30,000 to $39,999: 13.4%
$40,000 to $49,999: 13.5%
$50,000 to $74,999: 13.6%
$75,000 or more: 11.9%

Source: Employee Benefit Research Institute, Sources of Health Insurance Coverage: A Look at Changes Between 2013 and 2014 from the March 2014 and 2015 Current Population Survey

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