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Health

Record-Breaking Affordable Care Act Enrollment for 2024: A Win for American Healthcare

Owen Mitchell

By Owen Mitchell

Published January 23, 2024

The Centers for Medicare & Medicaid Services revealed that a staggering 20 million Americans have signed up for affordable health insurance for the year 2024. This marks the third consecutive year of breaking enrollment records under the Affordable Care Act.

President Biden's Statement

President Biden expressed his satisfaction with the increased enrollment, highlighting that 8 million more Americans have signed up for ACA coverage since he took office. He also emphasized that most enrollees will have the opportunity to choose a plan that could cost as little as $10 per month.

Critique of Republican Opposition

In response to Republican opposition, President Biden criticized their efforts to impede progress and make lower health care premiums permanent. He suggested that the GOP's healthcare plan would lead to increased healthcare costs for millions, particularly affecting elderly Americans and small business owners.

President Biden's Vow

President Biden vowed to prevent the rise in healthcare costs, stating that it would be a catastrophe for families. He affirmed his commitment to preventing such an outcome during his tenure.

The Impact of Affordable Health Care

President Biden stressed the crucial role of affordable health care, noting that it can be the difference between life and death, as well as hope and fear, for many Americans.

Enrollment Data and Open Enrollment Period

The enrollment data released by the Centers for Medicare & Medicaid Services covers activity up to December 23. The open enrollment period for 2024 coverage commenced on November 1 of the previous year and is set to conclude on January 16th.

Facilitating Enrollment

During the recent enrollment cycle, the Biden administration granted almost $100 million in Navigator Awards, enabling organizations to recruit trained staff to assist consumers in their healthcare searches.

Impact on Healthcare

Secretary of Health and Human Services Xavier Becerra highlighted the significance of the record-breaking enrollment, stating that more people with access to preventive care would lead to a healthier country and reduced healthcare costs overall.

Closing of the Enrollment Period

The open enrollment period will conclude on January 16th, and individuals seeking coverage can obtain further information by visiting Healthcare.gov.