KFF January 11, 2024
Open enrollment for the Affordable Care Act (ACA) Marketplaces is about to wrap up with another record high number of people signing up for coverage. The number of people with Marketplace coverage has grown significantly each year under the Biden Administration, with enhanced subsidies in the American Rescue Plan Act and the Inflation Reduction Act making coverage more affordable for enrollees, and increased marketing, outreach, and enrollment assistance also playing a role.
Though final enrollment numbers are not yet known, the latest data show that Marketplace signups have reached 20.4 million people, already exceeding last year’s record high by another 4 million people. (These signup data are as of December 23; Healthcare.gov open enrollment runs through January 16, 2024, and...