The Biden administration expanded access to “Obamacare” through the American Rescue Plan by providing subsidy increases that lower premiums and out-of-pocket costs. The financial assistance is temporary and could stop at the end of 2022 without extensions from Congress.in a statement“We are making that right a reality for a record number of people — bringing down costs and increasing access for families across the country,” he said.
The Affordable Care Act offers health insurance to people who don’t have employer-provided coverage through a mix of subsidized private plans and expanded Medicaid. Thursday’s numbers reflect the private insurance side of the program, which is offered through HealthCare.gov or state-run health insurance markets. Overall, about 30 million Americans are covered through the Obama-era law, the AP reported.
The Biden administration held an extended open enrollment period from Nov. 15 to Jan. 15 to encourage signups. In some states and districts with their own health insurance marketplaces — such as California, Kentucky, New Jersey, New York, Rhode Island, and Washington, D.C. — people can still sign up until Jan. 31.In a, the U.S. Department of Health and Human Services said the nation’s uninsured rate dropped last year due to a special enrollment period during the pandemic.
“Investing in financial assistance and outreach allows more people to have access to the care they need,” Chiquita Brooks-LaSure, administrator of the Centers for