Approximately 15.9 million people have selected an Affordable Care Act (ACA) Marketplace health plan nationwide since the start of the 2023 Marketplace Open Enrollment Period (OEP) on November 1.
This figure represents a 13% increase from this time last year, with 3.1 million people being new to the Marketplaces for 2023 and 12.8 million people who had active 2022 coverage and made a plan selection for 2023 coverage or were automatically re-enrolled.
According to HHS Secretary Xavier Becerra, “The Biden-Harris Administration has made expanding access to health insurance a key priority, and we are thrilled to see so many Americans enrolling in Affordable Care Act plans this year. Thanks to President Biden’s Inflation Reduction Act, four out of five HealthCare.gov enrollees can find coverage for $10 or less.”
CMS Administrator Chiquita Brooks-LaSure added, “We continue to see historic enrollment numbers due to increased financial assistance from the Inflation Reduction Act and new eligibility for families, but we’re not done yet. The Marketplace Open Enrollment Period isn’t over yet. There is still time to enroll or find a new plan for yourself or your family.”
The 2023 Marketplace OEP runs until January 15, 2023 for Marketplaces using the HealthCare.gov platform, and state-based Marketplace enrollment deadlines may be longer. The Biden-Harris Administration has made expanding access to health insurance and lowering health care costs for America’s families a top priority, and under their leadership, the national uninsured rate reached an all-time low earlier this year.
The Biden-Harris Administration encourages all families to visit HealthCare.gov and check out the health care coverage options and savings available to them. Thanks to the Inflation Reduction Act, more people will continue to qualify for financial assistance to purchase quality health coverage. Individuals will also benefit from a highly competitive Marketplace, with 92% of HealthCare.gov enrollees having access to options from three or more insurance companies when they shop for plans.