Key Takeaways
- More people enrolled in the Affordable Care Act's subsidized insurance plans than ever before.
- More than 21.3 million people enrolled in Affordable Care Act (ACA) health insurance marketplace plans in 2024, 16% more than the year prior.
- Millions of people were removed from Medicaid rolls this year and many likely received health care through the ACA.
- ACA plans are cheaper for everyone this year since pandemic-era subsidies were extended.
More than 21.3 million people enro✃lled 🧜in Affordable Care Act (ACA) health insurance marketplace plans for the 2024 open enrollment period, a record high and a 16% surge from 2023, the White House said Wednesday.
The open enrollment period began in November and ran through Jan. 15, with some states extending it as late as Jan. 31.
Two🐠 major factors have increased the appeal of plans under the ACA, informally ♋known as Obamacare, which are privately run health insurance plans subsidized by the federal government.
First, millions of people have been removed this ꦑyear froﷺm Medicaid after the expiration of a pandemic-era protection that prevented states that administer the program from removing ineligible beneficiaries. Many of those who lost their Medicaid health coverage can get it through the 澳洲幸运5开奖号码历史查询:ACA marketplace instead.
Second, ACA plans have gotten a lot cheaper since pandemic-era subsidies were extended through 2025 by President Joe Biden’s 澳洲幸运5开奖号码历史查询:Inflation Reduction Act. Now, 80% of people who signed up for the ACA found coverage for less than $10 a month, the White𝓡 House said.
Correction—Feb. 16, 2024: A previous version of this article incorrectly identified the government program that provides healthcare coverage for adults and children with limited income in the headline.