Poverty Still High, But Not Getting Worse

Median income is declining in the U.S., and inequality is growing, according to a new report.

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Once again, there is a wide ethnic divide in insurance coverage. Hispanics have an uninsured rate of 30.1 percent, far higher than that for Asians (16.8 percent), Blacks (19.5 percent), and non-Hispanic whites (11.1 percent).

Some of the figures suggest that the Affordable Care Act is improving insurance rates. That law allowed people under the age of 26 to stay on their parents' insurance plans as dependents. While the broader uninsurance rate fell by only 0.6 percentage points, for people age 19 to 25, that rate fell by 2.2 percentage points. In other words, even while incomes fall, some Americans may at least still be able to afford their medical bills.

Danielle Kurtzleben is a business and economics reporter for U.S. News & World Report. Connect with her on Twitter at @titonka or via E-mail at dkurtzleben@usnews.com.