Record-Breaking ACA Enrollment: 20 Million Americans Sign Up for Affordable Health Insurance
By Alex Patel
Published January 17, 2024
The Centers for Medicare & Medicaid Services revealed that a staggering twenty million Americans enrolled in affordable health insurance for 2024, setting a new enrollment record under the Affordable Care Act for the third consecutive year. This achievement reflects a significant increase, with eight million more Americans signing up for ACA coverage since President Biden took office.
Affordable Coverage and President Biden's Statement
President Biden expressed his satisfaction with the enrollment numbers, highlighting that most enrollees will be eligible to choose a plan that could cost as little as $10 a month. He also criticized Republicans for obstructing efforts to solidify the progress and maintain lower health care premiums. He warned that the GOP's healthcare plan would result in increased healthcare costs, particularly affecting elderly Americans and small business owners.
Support for Affordable Care Act and Open Enrollment Period
President Biden emphasized the importance of affordable health care, stating that it can be the difference between life and death, hope and fear. The data released by the Centers for Medicare & Medicaid Services represented enrollment activity through December 23, with the open enrollment period for 2024 coverage starting on November 1 of the previous year.
Navigator Awards and Secretary of Health and Human Services Xavier Becerra's Statement
The Biden administration issued nearly $100 million in Navigator Awards during the past enrollment cycle, enabling organizations to hire staff trained to assist consumers in their healthcare searches. Secretary of Health and Human Services Xavier Becerra acknowledged the historic milestone, emphasizing that more people with access to preventive care lead to a healthier nation and reduced healthcare costs.
Upcoming Deadline and Information for Applicants
The open enrollment period for ACA coverage concludes on January 16th, and interested applicants can find more details by visiting Healthcare.gov.
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