Becker's Healthcare June 20, 2024
2024 marks the 10th year ACA exchange plans are available to individuals. Enhanced government subsidies have prompted more people to enroll, and some payers are hoping more small- and medium-sized employers will opt to send their employees to the individual market.
Here are three key questions for the next decade of the individual market:
What is the future of ACA subsidies?
Enhanced subsidies have spurred record-enrollment in the marketplace. The subsidies provide enhanced tax credits to individuals with incomes up to 400% of the federal poverty level. The enhanced credits were signed into law in 2020, and later extended through the end of 2025.
The increased assistance nearly doubled enrollment in the marketplace, from 12 million...
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