Record-breaking Enrollment of Affordable Health Insurance for 2024 Under the Affordable Care Act
By Avi Farah
Published January 16, 2024
The Centers for Medicare & Medicaid Services recently announced that a record-breaking twenty million Americans have signed up for affordable health insurance for 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 significant increase in ACA coverage, stating that 8 million more Americans have signed up for ACA coverage than when he took office. He also highlighted that most enrollees will be eligible to select a plan that could cost just $10 a month or even less.
President Biden's Criticism of Republicans
In response to Republicans blocking efforts to make lower health care premiums permanent, President Biden criticized their healthcare plan, alleging that it would raise healthcare costs for millions, especially affecting elderly Americans and small business owners. He emphasized that this would be catastrophic for families, leading to skyrocketing health care costs.
The Affordable Care Act's Impact
President Biden's supporter of the Affordable Care Act, highlighting the crucial role that quality, affordable health care plays in the lives of Americans. He emphasized that access to quality, affordable health care can mean the difference between life and death, and hope and fear.
Enrollment Period and Assistance
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. During this enrollment cycle, the Biden administration issued almost $100 million in Navigator Awards, which allowed organizations to hire staff trained to assist consumers in their searches for healthcare.
Health and Human Services Secretary's Statement
Secretary of Health and Human Services Xavier Becerra emphasized the significance of the record-breaking number of people in the United States having health care coverage through the Affordable Care Act's Marketplace. He highlighted that more people with access to preventive care means a healthier country and lower health care costs across the board.
Open Enrollment Period
The open enrollment period for affordable health insurance ends on January 16th, and applicants can visit Healthcare.gov to learn more and secure coverage.
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