BOCA RATON, Fla., May 6, 2016 /PRNewswire-HISPANIC PR WIRE/ — An increasing number of Hispanics are finding it harder to afford healthcare and the percentage of those without any health insurance is up slightly over a year ago, but a majority still have a favorable view of the Affordable Care Act (ACA or Obamacare) and for the first time more women are insured than men, according to a new survey by the Florida Atlantic University Business and Economics Polling Initiative (FAU BEPI).
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More than 43 percent of respondents in the April poll said it is harder for them to afford healthcare, up almost 6 percentage points from a similar survey in March 2015. Only 13.7 percent said it was easier, down more than 9 percent from last year. Those saying they had no health insurance increased 5 percent, from 7.8 percent in March 2015 to 12.8 percent last month.
However, Hispanics have still benefited overall since the enactment of the ACA, resulting in 4 million adults gaining coverage, according to the Department of Health & Human Services’ March 2016 report.
According to the BEPI survey, it appears Hispanic women are increasing their access to health insurance through the ACA with 52 percent of females saying they have government healthcare coverage compared to only 23.3 percent of males.
An analysis published in late 2015 by consulting firm McKinsey & Company found premiums for the lowest-cost ACA plans are expected to increase by a median of 10-13 percent in 2016. The report also found that more than half of the government-sponsored nonprofit insurance co-ops have now failed, leaving more than 750,000 families and individuals scrambling for new health insurance.
“The increased healthcare costs compared to last year is probably making it harder for Hispanics to afford health insurance,” said Monica Escaleras, Ph.D., director of the BEPI.
Political partisanship appeared to play a part in influencing respondents’ opinions on healthcare topics. Republicans and Independents were significantly more likely (50 and 53 percent, respectively) to think it was harder to afford health insurance as compared with Democrats (41 percent).
Overall, 51 percent of Hispanics gave Obamacare a favorable rating, compared with 35 percent unfavorable.
The poll was conducted nationally April 1-30.