As Americans lose job-based coverage, ACA marketplace sets record with near 500K signups

Healthcare DIVE June 26, 2020
Samantha Liss

Dive Brief:

• Millions of individuals have lost their jobs as a result of the pandemic, allowing them to enroll in Affordable Care Act marketplace coverage via Healthcare.gov due to their special circumstances. CMS said this week that this special enrollment coverage due to job loss specifically has reached a record, with about 487,000 consumers gaining coverage, a 46% increase compared with the same time last year.
• April saw the biggest jump in enrollment following job loss, an increase of 139% compared to April of last year.
• Due to a number of factors, CMS said it “remains unclear how many people will eventually look to Exchanges using HealthCare.gov to replace job-based coverage.”

Dive Insight:

The pandemic has...

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