|
Record high Marketplace and Medicaid
enrollment highlights demand for quality, affordable health coverage and the
American Rescue Plan’s savings
Today, the Centers for Medicare &
Medicaid Services (CMS) released new enrollment reports showing more than two
million people have signed up for health coverage during the Biden-Harris
Administration’s 2021 Special Enrollment Period (SEP), which opened on
February 15, 2021 as the country grappled with the pandemic, and will
conclude on the extended deadline August 15, 2021. In addition, today’s
reports show access to health care continues to expand with 81 million people
receiving coverage through Medicaid and the Children’s Health Insurance
Program (CHIP) as of February 2021. The historic and rising enrollments
demonstrate how the Affordable Care Act, Medicaid, and other vital health
care programs deliver high-quality, affordable health care to millions of
Americans, families, and children. The June Marketplace SEP report shows that
since February 15, 1.5 million Americans have signed up on HealthCare.gov
with an additional 600,000 enrolling in coverage through the 15 State-based
Marketplaces. The report also shows that of the new and returning consumers
who have selected a plan since April 1, 1.2 million consumers (34%) have
selected a plan that costs $10 or less per month after the American Rescue
Plan’s (ARP) premium reductions. The ARP’s expanded premium tax credits have
reduced premiums, increased savings, and given consumers access to quality,
affordable health care coverage through the Marketplace, and President Biden
has proposed to make these lower premiums permanent as laid out in his Build
Back Better Agenda. The February 2021 Medicaid and CHIP
Enrollment Trends Snapshot also shows record high enrollment with more than
81 million people covered through Medicaid and CHIP. An additional 500,000
children and adults enrolled in Medicaid and CHIP from January to February
2021. Nearly 10.4 million individuals, a 14.7% increase, enrolled in coverage
between February 2020, the month before the COVID-19 public health emergency
was declared, to February 2021. “Let’s be clear – the monthly Marketplace
numbers show that across the country, there’s a demand for high-quality,
low-cost health coverage. And month after month, we are reminded that the
Biden-Harris Administration is fulfilling its promise to deliver access to
quality, affordable health coverage by strengthening the Affordable Care Act
and pushing its Build Back Better Agenda,” said HHS Secretary Xavier Becerra.
“Whether through expanded Medicaid or the Health Insurance Marketplace, the
ACA is working for millions of Americans – and we’re committed to building on
this historic progress.” "The American Rescue Plan has made
health coverage more affordable and accessible than ever – and people are
signing up. Health coverage provides the peace of mind that every American
deserves," said CMS Administrator Chiquita Brooks-LaSure. "Through
August 15, the American people have an opportunity to select a quality health
care plan that works for them, with costs that are at an all-time low. CMS is
dedicated to ensuring people in our communities have the coverage they need.” Consumers who want to compare plan offerings,
or learn if they qualify for more affordable premiums can check their
coverage options by visiting HealthCare.gov or CuidadoDeSalud.gov by August
15. Consumers can view 2021 plans and prices and submit an application to see
if they are eligible for coverage and financial assistance. If eligible, they
can enroll in a plan that best meets their needs. Current enrollees should
review their application, make any changes needed to their current
information, submit their application, and then select a new plan, or
reselect their current plan, to receive the increased savings under the ARP. Throughout the year, consumers can 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. All but
13 states have accepted federal funding to expand Medicaid under the ACA. Consumers can also call the Marketplace Call
Center at 1-800-318-2596, which provides assistance in over 150 languages.
TTY users should call 1-855-889-4325. Consumers can also find a local
assister or agent/broker in their area: https://www.healthcare.gov/find-assistance/. Consumers who live in a state with a
Marketplace that operates its own platform should visit their state
Marketplace website or call center for information on accessing these
additional savings through their State-based Marketplace. For more information on the June Marketplace
SEP report, visit: https://www.cms.gov/newsroom/fact-sheets/2021-marketplace-special-enrollment-period-report-3 For the February 2021 Medicaid and CHIP
Enrollment Trends Snapshot visit: https://www.medicaid.gov/medicaid/program-information/medicaid-chip-enrollment-data/medicaid-and-chip-enrollment-trend-snapshot/index.html For more information about the Health
Insurance Marketplace®, visit: https://www.healthcare.gov/quick-guide/getting-marketplace-health-insurance/ For more information about the American
Rescue Plan and the Health Insurance Marketplace®, visit: https://www.cms.gov/newsroom/fact-sheets/american-rescue-plan-and-marketplace Health Insurance Marketplace® is a registered
service mark of the U.S. Department of Health & Human Services. |
|
To be a Medicare Agent's source of information on topics affecting the agent and their business, and most importantly, their clientele, is the intention of this site. Sourced from various means rooted in the health insurance industry - insurance carriers, governmental agencies, and industry news agencies, this is aimed as a resource of varying viewpoints to spark critical thought and discussion. We welcome your contributions.
Thursday, July 15, 2021
Health Care Sign Ups Surpass 2 Million During 2021 Special Enrollment Period Ahead of Aug. 15 Deadline
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment