President Joe Biden reopened enrollment to the Affordable Care Act exchanges, better known as Obamacare, on February 15, and since then, more than two million Americans have signed up for 2021 coverage on federal and state exchanges, according to the Centers for Medicare and Medicaid Services.
The federal exchange deadline is set to end on August 15 while various states have set up their own deadlines. So far, 1.5 million people have signed up on the federal exchange level and more than 600,000 have signed up for different policies in the 14 states and the District of Columbia which run their own exchanges.
With Democrats passing their $1.9 trillion American Rescue Plan, those who have signed up for the insurance have also been able to choose policies that cost $10 or less per month. Two major changes have been made to Obamacare. Employees do not have to pay more than 8.5% of their income toward coverage and lower-income policyholders can eliminate their premiums altogether through subsidies.
Subscribe to our free weekly newsletter!
A week of political news in your in-box.
We find the news you need to know, so you don't have to.
The newest addition: those who earn more than 400% of the federal poverty are eligible for the ACA.
Because of those changes and the fact that many Americans lost job-based coverage during the pandemic, enrollment in Obamacare is now at a record high. The only time enrollment was higher was when 12.7 million people signed up for Obamacare plans in 2016.
https://youtube.com/shorts/YVrfbMZSVRE?feature=share US President-elect Donald Trump drew cheers as he arrived in Texas on Nov. 19 to watch…
After President-elect Donald Trump selected Tulsi Gabbard, a former Democratic congresswoman, as his nominee for…
President-elect Donald Trump's announcement that Robert F. Kennedy Jr. will be his pick for Department…
https://youtube.com/shorts/6CUvTmS87UM?feature=share President-elect Donald Trump arrived to cheers at an Ultimate Fighting Championship (UFC) event in…
President-elect Donald Trump's nomination of former Rep. Matt Gaetz (R-Florida) as his attorney general has sent shockwaves through…
https://youtube.com/shorts/TD8RNJl-NBk A fight broke out in one of the stands at the Stade de France…