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Thursday, Jan 11 2024

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Record-Breaking 20 Million Sign Up For 2024 Obamacare Plan

With the Jan. 17 open enrollment deadline approaching, CMS announced Wednesday that over 20 million people have signed up so far for an Affordable Care Act marketplace insurance plan. That number surpasses last year's record tally of 16 million.

More than 20 million people have signed up for plans on the Affordable Care Act鈥檚 marketplaces during the annual open enrollment period, far surpassing last year鈥檚 record of more than 16 million enrollments, the Biden administration announced on Wednesday. The figures were a landmark moment for the 2010 health law, underscoring the significance of enhanced subsidies for Americans and the continuing reach of the marketplaces after years of Republican efforts to whittle them down. 鈥淭he Affordable Care Act is more popular than ever,鈥 President Biden said in a statement. (Weiland, 1/10)

Health insurance enrollment through the Affordable Care Act鈥檚 (ACA) insurance marketplace has reached a record for the third consecutive year, according to the latest update from the Centers for Medicare and Medicaid Services (CMS). The CMS said in a statement Wednesday that enrollment for 2024 ACA plans had broken 20 million so far, with just less than a week left for people to sign up for plans. This exceeds 2023鈥檚 enrollment 鈥 16.3 million 鈥 by roughly 4 million people. (Choi, 1/10)

The deadline is approaching for families looking to enroll in health insurance through the Affordable Care Act. You have until January 16 to check your eligibility status and enroll. Kathy Hempstead, senior policy adviser with the Robert Wood Johnson Foundation, says ACA plans have become more affordable in the past year, with some as low as $10 a month. She says more people are also now eligible, which is causing more people to sign up. Despite that, there are still about 20 million Americans who are uninsured. (Warren, 1/10)

This is part of the Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription.
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