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Despite the widespread publicity their complaints have received, fewer than 1% of adults under 65 are at risk of having their health insurance polices canceled.
Individuals whose health insurance policies are being cancelled due to the Affordable Care Act constitute less than 1% of the healthcare insurance market, according to a recent study.
The study, sponsored by the nonprofit organization Families USA, points out that the changes resulting in cancellation notices affect people who purchase coverage on the private, non-group market, or 5.7% of the population under age 65 (the eligibility age for Medicare.) Their findings:
The report also provides a state-by-state look at the individual health insurance market for those under 65. North Dakota leads all states, with 10.8% of its residents buying coverage on the individual market, while West Virginia has the smallest proportion, with 1.7%. Among people under 65 with individual coverage and income at or below the federal poverty level, Idaho leads with 82%, while Alaska has 0%.