HealthExec January 5, 2023
The Department of Health and Human Services recently announced that there has been an 18% increase in Affordable Care Act health insurance enrollment over last year’s numbers, in a major victory for the Biden administration’s efforts to expand access to health insurance.
As of December 15—the Affordable Care Act’s sign-up deadline to receive coverage beginning on January 1, 2023— nearly 11.5 million people had already selected a health care plan through the ACA Health Insurance Marketplace, according to HHS.
Why the increase? HHS Secretary Xavier Becerra cited increasing affordability, robust competition, and historic outreach efforts as some of the reasons behind the increase, while crediting the Inflation Reduction Act has helped advance efforts on several of these fronts....
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