Biden: Nearly 3M get health coverage during COVID-19 sign-up - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
September 15, 2021 Newswires
Share
Share
Post
Email

Biden: Nearly 3M get health coverage during COVID-19 sign-up

Associated Press

WASHINGTON (AP) — President Joe Biden announced Wednesday that 2.8 million consumers took advantage of a special six-month period to sign up for private health insurance coverage made more affordable by his COVID-19 relief law.

He called the number encouraging and urged Congress to help lower health care costs.

“That’s 2.8 million families who will have more security, more breathing room, and more money in their pocket if an illness or accident hits home,” Biden said. “Altogether, 12.2 million Americans are actively enrolled in coverage under the Affordable Care Act — an all-time high.”

Biden ordered the HealthCare.gov marketplace to reopen Feb. 15 for six months, through Aug. 15, to give people who lost their jobs and health care benefits due to the pandemic the opportunity to sign up for coverage for themselves and their families.

That coverage then became more affordable in April due to enhanced subsidies in the COVID-19 relief law, which attracted even more enrollment.

Biden said an all-time high of 12.2 million people are now covered by under Affordable Care Act.

The Obama-era law, enacted in 2010, is aimed at making health coverage more affordable by offering subsidized private insurance nationwide for people who do not get such insurance through their employer. The law also expanded Medicaid for low-income adults, and most states have done so.

The two components cover about 27 million people, according to the nonpartisan Kaiser Family Foundation.

Biden said Wednesday that the subsidies in his COVID-19 relief law have helped trim premiums by about $67 a month for people who buy coverage through the Affordable Care Act, and that 4 in 10 consumers who bought during the special sign-up window found plans for $10 a month or less.

Out-of-pocket expenses have also dropped, he said.

Biden, who was vice president when the Affordable Care Act became law and wants to expand it, also called on Congress to do more to help lower health care costs, including by making the enhanced subsidies permanent, acting on his proposals to lower prescription drug costs and freeing Medicare to negotiate drug prices. The enhanced subsidies are good only through 2022.

The regular annual sign-up season for the Affordable Care Act won’t start again until Nov. 1.

—-

Associated Press writer Ricardo Alonso-Zaldivar contributed to this report

Older

Special enrollment for ACA health plans attracts nearly 3 million consumers

Newer

Reps. Scalise, Graves Urge FEMA to Delay Risk Rating 2.0

Advisor News

  • When new investment trends emerge, Gen Z is most likely generation to be first in
  • Could ‘plain English’ become an advisor’s secret weapon?
  • IRI urges Senate action on 403(b) parity legislation
  • Three estate planning ideas to protect your clients and their wealth
  • What advisors must know about accessible client documents
More Advisor News

Annuity News

  • NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
  • NAIC working group pressed to accelerate annuity illustration overhaul
  • State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
  • Wink: Annuity sales post strong Q2, led by MYGAs and structured products
  • Legacy Marketing Group partners with Malibu Life USA for annuity launch
More Annuity News

Health/Employee Benefits News

  • DeKalb County employees will still have insured access to GLP-1s
  • New York approves small, individual insurance plan rate hikes for 2027
  • AM Best Affirms Credit Ratings of Ping An Health Insurance Company of China, Ltd.
  • How to prepare for new AEP rules
  • Study: Illinois hospitals to lose billions through Medicaid policy change
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Zurich Insurance Group Ltd and Its Main Rated Subsidiaries
  • Best’s Market Segment Report: AM Best Maintains Stable Outlook on China’s Non-Life Insurance Segment
  • Understanding Nonequity Split-Dollar
  • Life insurance loans: what to do when a client shows interest in one
  • Do You Qualify for Any of September's Class Action Settlements?
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.