HHS: Biden-Harris Administration Announces Record-Breaking 12.2 Million People Are Enrolled in Coverage Through the Health Care Marketplaces
A new report released today by the
The American Rescue Plan's (ARP) expanded premium tax credits reduced premiums, increased savings, and provided consumers access to quality, affordable health care coverage through the Marketplaces:
* Over 90% of consumers who enrolled during the SEP saw their premiums reduced due to these tax credits.
* Existing consumers saved an average of
* 48% of new HealthCare.gov consumers received a monthly premium of
* The median deductible for new HealthCare.gov consumers fell by over 90%.
"There has never been a more critical time to ensure quality health coverage for all Americans." said Health and Human Services Secretary
CMS also reports historic Medicaid and CHIP enrollment. The
"It's clear that when health coverage is accessible and affordable, people sign up. Peace of mind is especially needed during the COVID-19 pandemic and thanks to the Special Enrollment Period millions more can now rest easy knowing they are covered. The American Rescue Plan made health coverage more affordable than ever and CMS urges
Consumers who still don't have 2021 coverage can find out if they are eligible at healthcare.gov to enroll through SEPs that cover individuals who have experienced life-changing events, such as a loss of other coverage, marriage, having a baby, or moving to a new location. Throughout the year, consumers can also apply for Medicaid and CHIP coverage online in all 50 states and DC, and the majority of states complete real-time determinations and automated renewals.
For more information on the
For an infographic on Health Insurance Marketplace Enrollment and Savings, visit: https://www.hhs.gov/sites/default/files/2021-sep-enrollment-savings.pdf
For the effectuated enrollment report, visit: https://www.cms.gov/files/document/2019-2021-Aug-Effectuated-Enrollment.xlsx
For the
For more information about the Health Insurance Marketplace(R), visit: https://www.healthcare.gov/quick-guide/getting-marketplace-health-insurance/
For more information about the American Rescue Plan and the Health Insurance Marketplace(R), visit: https://www.cms.gov/newsroom/fact-sheets/american-rescue-plan-and-marketplace
Health Insurance Marketplace(R) is a registered service mark of the
This communication was printed, published, or produced and disseminated at
New Health Insurance Ratings Help Americans Find Quality Care During COVID and Opioid Crises
Broadway’s bright lights return: Prudential supports New York City’s cultural and economic rebound
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News