HealthCare.gov breaks record with 16.6M signing up for coverage

The Centers for Medicare & Medicaid Services reported that a record 16.6 million consumers signed up for for health insurance coverage for plan year 2025 and will receive up to a full year of coverage beginning Jan. 1. Of those consumers, 2 million are new to the health insurance marketplace this year. This represents selections in the 31 states that use HealthCare.gov. Plan selection continues in most state-based marketplaces, as well. The next national snapshot will be available in early January.

Consumers already enrolled in marketplace coverage are encouraged to return to the Marketplace and actively renew their coverage. Nearly 7.2 million existing consumers have already returned to the marketplace to actively keep their current plan or select a new plan for 2025. Building on the historic success of last year, CMS is on track for a record high number of plan selections for this year’s open enrollment.

“The record-breaking enrollment in Marketplace coverage speaks volumes about the critical need for health care coverage,” said CMS Administrator Chiquita Brooks-LaSure. “To consumers still exploring options: Act now to secure coverage beginning February 1, and to take advantage of the enhanced tax credits that are still available for 2025 to make coverage more affordable.”

For 2025, consumers continue to have greater plan choices, and many people who were previously ineligible for financial assistance now have access to lower premiums after tax credits. Four out of five HealthCare.gov consumers can find a plan for $10 or less per month through enhanced tax credits. Consumers are reminded that these enhanced tax credits will remain available through 2025. For more information on the range of updates 

Marketplace Open Enrollment on HealthCare.gov runs from November 1 to January 15. Most consumers who enroll between now and January 15 will get coverage starting February 1, 2025.