Current:Home > Stocks‘Obamacare’ sign-ups surge to 20 million, days before open enrollment closes -AssetTrainer
‘Obamacare’ sign-ups surge to 20 million, days before open enrollment closes
View
Date:2025-04-13 06:47:37
WASHINGTON (AP) — 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.
“We must build upon this progress and make these lower health care premiums permanent,” Biden said in a statement. “But extreme Republicans have blocked these efforts at every turn.”
The nation’s top health official on Wednesday credited piqued interest in the coverage with an aggressive campaign to get people enrolled. The administration has worked with nonprofits across the the country, including in predominately Black and Latino communities, like South Florida, to get new people into coverage. The administration has also invested millions more dollars into hiring navigators who help people enroll, a program that was decimated while President Donald Trump, a longtime critic of so-called “Obamacare,” was in office.
“The previous administration made no effort to let people know what they could get,” Health and Human Services Secretary Xavier Becerra said during an interview with MSNBC’s “ Morning Joe.” “We’re out there, we’re not waiting for them to come to us. We’re going to them.”
But the increased enrollment news that the Biden administration celebrated on Wednesday has not come without cost. Some of the millions of new enrollees have only turned to the marketplace because they have been booted off Medicaid, the nearly free health care coverage offered to the poorest Americans or those with disabilities. The health plans they purchase through the marketplace will have higher premiums and copays for services.
Roughly 14.5 million Americans have been recently kicked off Medicaid after the federal government lifted a 3-year ban that barred states from removing ineligible people from the government-sponsored health insurance. States began purging millions of people from Medicaid last year, during an error-plagued process that has left thousands of children and pregnant women erroneously without health insurance coverage in some states.
Trump, meanwhile, is regularly threatening on the campaign trail to undo the Biden administration’s work on former President Barack Obama’s signature health care law.
“Obamacare is a catastrophe, nobody talks about it,” Trump said at a rally in Iowa on Saturday. The former president went on to criticize the late Republican Sen. John McCain of Arizona for blocking GOP efforts to scuttle the law more than five years ago.
Although open enrollment for health insurance plans purchased through the Affordable Care Act ends on Jan. 16., people who have been removed from Medicaid may be eligible to enroll through the end of July.
veryGood! (86372)
Related
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Jana Kramer Considering Another Baby With Fiancé Allan Russell 5 Months After Giving Birth
- College students, inmates and a nun: A unique book club meets at one of the nation’s largest jails
- Someone fishing with a magnet dredged up new evidence in Georgia couple’s killing, officials say
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- What is TGL? Tiger Woods' virtual golf league set to debut in January 2025
- New Mexico reaches settlement in 2017 wage-theft complaint after prolonged legal battle
- Jeep Wagoneer Series II interior review: The good and bad in all 3 rows
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Karen the ostrich dies after grabbing and swallowing a staff member's keys at Kansas zoo
Ranking
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Emily Henry does it again. Romantic 'Funny Story' satisfies without tripping over tropes
- 71-year-old fisherman who disappeared found tangled in barbed wire with dog by his side
- Marvin Harrison Jr. Q&A: Ohio State WR talks NFL draft uncertainty, New Balance deal
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Victoria Beckham’s New Collaboration with Mango Is as Posh as It Gets - Here Are the Best Pieces
- Get better sleep with these 5 tips from experts
- Former cop accused of murder, abduction, found with self-inflicted gunshot wound after manhunt, officials say
Recommendation
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
Thieves take 100 cases of snow crabs from truck while driver was sleeping in Philadelphia
Here's how to load a dishwasher properly
Richmond Mayor Stoney drops Virginia governor bid, he will run for lieutenant governor instead
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
In Taylor Swift's 'Tortured Poets,' the torture is in the songwriting
Thieves take 100 cases of snow crabs from truck while driver was sleeping in Philadelphia
How Eminem Is Celebrating 16 Years of Sobriety