Study: Health insurance managed lives grew by 13 million from Jan. 2011 to June 2012
BENSALEM, Pa. — Thirteen million more Americans had health insurance in June 2012 than 18 months earlier, according to a new report by BusinessOne Technologies, a healthcare technology and data company.
The report, titled "Managed Lives Trends in the Current Health Care Reform Environment," found that the 5.4% increase in total coverage between January 2011 and June 2012 was due in part to healthcare-reform measures that are increasing access ahead of the planned 2014 rollout of the healthcare-reform law's individual mandate.
The measures include coverage of dependent children and adults up to the age of 26 years, tax credits for small businesses and early Medicaid expansion in some states. According to the report, Medicare coverage grew by 12%, while Managed Medicaid grew by 10.4% and commercial insurance grew by 5%. Commercial insurance saw the largest increase in the number of insured individuals, which was up by 7.6 million.