First Look at Census Data: Health Insurance Soars, But America’s Next Generation Still Live in Families Struggling to Make Ends Meet
According to the Census Bureau’s new poverty and income data, 14.8 percent of Americans were poor in 2014. This is alarming particularly as our next generation of workers and citizens, including children and young adults, has the highest poverty rates—sharply exceeding the national average.
The data offers a snapshot of the crucial role that strong public policy can play. For example, 2014 was the first year in which the Affordable Care Act was fully implemented, and the share of Americans lacking health insurance coverage fell dramatically from 13.3 percent in 2013 to 10.4 percent in 2014. The Census also released an alternative measure, the Supplemental Poverty Measure (SPM), which shows the effect of non-cash transfers and taxes as well as work expenses and out-of-pocket medical costs.
Get a first look at the Census Bureau's 2014 income, poverty, and health coverage report here.