The Biden administration says 20 million people have enrolled for health insurance through the Affordable Care Act marketplaces, with still a few days left for signing up
Some 20 million people have signed up for health insurance this year through the Affordable Care Act marketplaces, a record-breaking figure.
President Joe Biden will likely proclaim those results regularly on the campaign trail for months to come as former President Donald Trump, the Republican front-runner, vows to dismantle the Obama-era program.
The Biden administration announced Wednesday morning that 20 million have enrolled for coverage on the marketplace, days before the open enrollment period is set to close on Jan. 16.
The latest enrollment projections mean a quarter more Americans have signed up for coverage this year compared to last — another record-breaking year when 16.3 million enrolled in the program. Signs-ups spiked after Biden took office, with Democrats rolling out a series of tax breaks that give millions of Americans access to low cost plans, some with zero-dollar premiums.
It’s a government hosted marketplace where traditional insurance companies offer subsidized plans
Versus a true government funded insurance plan where all taxpayers pay into a plan with minimum coverage, which can be supplemented by private or company funded traditional insurers