Healthcare Finance News January 16, 2025
Medicaid expansion and high marketplace enrollment are contributing to the numbers, KFF says.
Upward of 44 million people, or 16.4% of the non-elderly U.S. population, have been covered by an Affordable Care Act initiative, including health plan enrollment and Medicaid expansion, finds a new KFF report.
In 2024, marketplace enrollment hit a new record high of 21.4 million people (almost double the 11 million people enrolled in 2020), Medicaid expansion enrollment was 21.3 million (a 41% increase from 2020), and BHP enrollment in 2024 was 1.3 million (up from 880,000 in 2020).
KFF attributed much of the marketplace growth since 2020 to enhanced subsidies under the American Rescue Plan Act (ARPA) in 2021, which were renewed through 2025 by the...