BUSINESS
07/10/2014 04:33 pm ET

Obamacare Drives Uninsured Rate To Lowest On Record

The percentage of Americans without health insurance fell to a new low in recent months, according to the results of a Gallup poll released Thursday.

Specifically, the uninsured rate fell to 13.4 percent in the second quarter of 2014. That's down from its peak of 18 percent in the third quarter of last year, and it's the lowest quarterly average that Gallup has seen since it began tracking this type of data in 2008.

uninsured

The percentage of uninsured Americans has fallen steadily since the beginning of Obamacare's open enrollment period for buying insurance in October. President Obama's health law mandates that nearly all Americans either have health insurance or pay a fine.

Aside from some website glitches during the enrollment period, Obamacare has been largely effective in getting Americans to sign up for health insurance. In fact, approximately 20 million Americans have gotten insurance under Obamacare, according to one recent report. And generally, most of the newly insured feel pretty great about the coverage they've gotten, including registered Republicans.

Of course in the 25 states that opted not to expand Medicaid under Obamacare, a significant percentage of low-income Americans remain without health coverage.

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