"Obamacare Enrollment Surges to Over 20 Million, Setting New Record"

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Source: The New York Times
"Obamacare Enrollment Surges to Over 20 Million, Setting New Record"
Photo: The New York Times
TL;DR Summary

More than 20 million people have signed up for plans on the Affordable Care Act’s marketplaces during the annual open enrollment period, surpassing last year’s record, due to increased federal subsidies and enhanced outreach efforts. The Biden administration attributes the record number of sign-ups to the significance of enhanced subsidies for Americans and the continuing reach of the marketplaces. The subsidies have proved helpful to broad swaths of Americans, including those in upper-middle-income groups, and have allowed many lower-income people to sign up for plans with no premiums and lower deductibles. The record number reported can also be partly explained by the increasing size and sophistication of networks that help Americans choose new or different plans, as well as the federal government's investment in navigator organizations and marketing campaigns.

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