Becker's Healthcare December 20, 2024
Enrollment on the ACA marketplace reached 16.6 million consumers as of Dec. 18.
The surge in enrollments comes after a slow start. As of Dec. 4, 5.4 million people had enrolled in federal ACA marketplace plans. During the same time last year, 7.3 million people had enrolled in individual coverage.
In a Dec. 20 news release, CMS said 2 million new consumers signed up for plans on the federal marketplace.
Enrollment in the ACA marketplace has grown rapidly since 2021, when enhanced subsidies were introduced, making premiums more affordable for many. In 2024, 21.5 million people enrolled in ACA coverage, the highest number since the marketplace launched in 2014.
Here are three things to know:
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