More than 14.2 million people have selected the 2022 health insurance plans offered under the Affordable Care Act since registration began on November 1, 2021, according to federal health officials.
That number includes more than 10 million people in the 33 states using Federal Markets on HealthCare.gov. The 17 states and the District of Columbia with state-based marketplace platforms reported that 4.2 million people have signed up.
Health and Human Services Secretary Xavier Becerra released the numbers reminding Americans to register on Healthcare.gov before the open registration TSTIME of January 15, 2022. The Biden administration has extended the OEP HealthCare.gov from this year through January 15 for coverage beginning February 1, 2022.
A new report from HHS shows that the majority of consumers enrolled in the Affordable Care Act (ACA) coverage on HealthCare.gov have deductibles below $ 1,000 thanks to the ACA’s cost-sharing reductions (CSRs). CSRs are generally available to consumers whose incomes reach 250% of the federal poverty line (for example, for 2022, for most states, $ 32,200 for a single adult and $ 66,250 for a family of four) .
Financial assistance under the US bailout also resulted in lower deductibles for many registrants.
“Health coverage shouldn’t make or break anyone’s bank, especially in the midst of a once-in-a-generation pandemic,” Becerra said.
Source: Health and social services
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