Record 20 Million Americans Sign Up for ACA Health Coverage for 2024
Surge in ACA Sign-ups Linked to Medicaid Disenrollment, Amid Concerns for Low-Income Americans
- Over 20 million people have signed up for health insurance through the Affordable Care Act (ACA) marketplaces for 2024, setting a new record for the third consecutive year.
- President Biden attributes this success to the administration's efforts in lowering costs and ensuring all Americans have access to quality, affordable health care.
- The surge in ACA sign-ups is also linked to the disenrollment of more than 14 million people from state Medicaid programs following the official end of the Covid-19 pandemic.
- Despite the record-breaking ACA sign-ups, concerns are raised about the millions of low-income Americans who have lost Medicaid coverage due to bureaucratic issues.
- The open enrollment period for 2024 coverage ends on January 16, and people who have been removed from Medicaid may be eligible to enroll through the end of July.