By Consumers for Quality Care, on January 17, 2024
The number of consumers who have enrolled in health care plans offered through the Affordable Care Act’s (ACA) exchange has already reached 15 million, with total enrollees for 2024 expected to surpass 19 million, according to reports by Fierce Healthcare and The New York Times.
It is estimated that compared to last year’s enrollment, 33 percent more consumers have signed up for health insurance this year through the ACA marketplace. The increased marketplace enrollment can be attributed to better educational and outreach campaigns. In addition, more Americans are enrolling this year after having lost their health coverage because of the Medicaid unwinding process, which started last Spring.
U.S. Secretary of Health and Human Services Xavier Becerra praised the increased enrollment as “good news” and claimed that “more Americans have the peace of mind knowing that going to the doctor won’t empty their bank account.” The enrollment growth is a good indicator of the overall health and lasting power of the ACA.
CQC celebrates the continued success of the ACA in helping a record number of Americans get insured and urges lawmakers to continue to strengthen this vital law.