Obamacare Sign-Ups Top 16 Million for 2023, Setting Another Record
“A record 16.3 million Americans have signed up for health insurance plans through the Affordable Care Act’s marketplaces during this year’s open enrollment period, beating last year’s sign-ups by 13 percent, the Biden administration said on Wednesday. The growing enrollment follows the passage of legislation during the coronavirus pandemic to increase federal subsidies for people buying the plans — substantially lowering prices for nearly every American who buys their own insurance. Around 3.6 million people selected plans in the Obamacare marketplaces who did not receive coverage through them last year. Last year’s total had been the highest in the law’s history. President Biden cheered the development in a statement, saying, ‘Today, we received further proof that our efforts are delivering record-breaking results.’ The Biden administration has taken other steps to encourage enrollment in the plans, including increasing advertising and enrollment assistance and providing a longer window for sign-ups than during President Donald J. Trump’s administration.”