As of 2023, public health insurance coverage in the US stood at 39.6 million. From 2013 to 2023, the population covered by public health insurance increased steadily, with a few fluctuations. The most notable increases were between 2019 and 2020 (9.71%) and from 2022 to 2023 (1.54%). Over the last five years, the Compound Annual Growth Rate (CAGR) has been 3.1%. Forecasts suggest continued growth, reaching 42.8 million by 2028, with a 5-year CAGR of 1.21% and an overall growth rate of 6.2% over this period.
Future trends to watch for include the impact of healthcare policy changes, demographic shifts like the aging population, and economic factors influencing insurance affordability and accessibility.
