5 Reasons Why Open Enrollment Has Attracted Nearly 1 Million New Members

“With more insurers in almost every state exchange, there is less risk of getting hit with adverse selection like they did the first time. The volatility of the mid-2010s has gone away,” says one industry analyst.

Before December 15, the first cut-off date for open enrollment, the Centers for Medicare & Medicaid Services (CMS) reported that close to 4.6 million people had signed up for marketplace coverage through either HealthCare.gov or a State exchange. This includes nearly 1 million new enrollees. These numbers are from CMS’ National Marketplace Open Enrollment report. The agency has been providing weekly snapshots throughout open enrollment, with subsidies from the American Rescue Plan and increased plan participation continuing to boost numbers.

As open enrollment...

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