Friday, February 19, 2021

Nearly 9 Million People Could Benefit From Broadened ACA Enrollment Period

President Joe Biden on Jan. 28 signed an executive order to reopen the federal health exchange from Feb.15 through May 15. During that special enrollment period, 4 million uninsured people will be eligible for a zero-premium bronze plan on HealthCare.gov, and another 4.9 million could get subsidies to cover part of a health plan, according to a recent analysis by the Kaiser Family Foundation. Compared to the general non-elderly population, these subsidy-eligible uninsured individuals are more likely to be young adults, high-school educated and working in industries such as construction, arts, entertainment and recreation. Approximately 8.3 million people selected or were automatically reenrolled in health plans for 2021 on HealthCare.gov as of the Dec. 15 deadline, according to CMS.

 

Nearly 9 Million People Could Benefit From Broadened ACA Enrollment Period

NOTES: The uninsured marketplace-eligible population does not include people with incomes below the federal poverty level (FPL) who fall into the Medicaid coverage gap or those eligible for a Basic Health Plan in Minnesota or New York. The category of people who are ineligible for financial assistance includes people with incomes above 400% of FPL or who live in counties where the benchmark plan costs less than the applicable premium cap for their household income.

SOURCE: "Marketplace Eligibility Among the Uninsured: Implications for a Broadened Enrollment Period and ACA Outreach," Kaiser Family Foundation. Visit https://bit.ly/2O4uVxW.

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