HealthExec January 27, 2023
A record-breaking 16.3 million people signed up for health insurance coverage on the Affordable Care Act marketplace during the latest open enrollment period, according to the Department of Health and Human Services (HHS).
The signups come after President Biden expanded healthcare subsidiaries to help more people find affordable insurance plans. Since Biden took office, the number of people who have signed up for plans on the ACA healthcare marketplace has increased nearly 50%, and 3.6 million people signed up for a plan for the first time. On average, families saved an average of $800 on their health insurance premiums last year, HHS stated.
Of those who signed up for a healthcare plan during the latest open enrollment period, 12.7 million...
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