MedCity News June 17, 2024
For states contemplating the move to an SBM, here are five essential considerations for a successful transition with the aim of boosting enrollment.
More than a decade after being signed into law, the Affordable Care Act (ACA) continues to set new records for enrollment.
During the 2024 plan year, a record 21.3 million people enrolled in health insurance coverage through the federal marketplace (Healthcare.gov) or through the 19 State Based Marketplaces (SBMs), also known as exchanges, an increase of more than 30 percent compared to last year. In 2024, plan selections in SBMs increased by 22 percent to 5.1 million.
These results mean millions of Americans have enrolled in health insurance coverage with the overall benefit of reducing...