President Biden announces nearly 24 million consumers have enrolled in Affordable Care Act Marketplace coverage, nearly doubling enrollment in the past four years
President Biden and Vice President Harris believe that health care is a right, not a privilege. From day one of their administration, they have taken steps to ensure that all Americans have access to affordable, quality health care. As a result of these efforts, Biden-Harris administration announces nearly 24 million Americans have registered for coverage with one week left in the 2025 open enrollment period, setting a new all-time record for ACA Marketplace enrollment did. A total of 45 million Americans are insured through the ACA (Marketplace or Medicaid Expansion). Today, more people have health insurance than ever before in our nation’s history.
President’s statement: “Today, we once again set a record in ensuring access to affordable, quality health care. Approximately 24 million Americans enrolled in the Affordable Care Act. That means enrollment has almost doubled since I took office. And it’s no coincidence that when I took office, I lowered health care and prescription drug costs and increased insurance coverage. the Affordable Care Act, Medicare, I promised the American people that I would strengthen the U.S. government, despite the obstacles of Republican elected officials who would jeopardize the coverage of millions of Americans. I urge Congress to build on the progress we’ve made and extend the ACA Premium Tax Credit this year to ensure Americans have access to quality, affordable health care. I request you to make it available.”
Today’s announcement builds on an impressive track record of success over the past four years. More Americans than ever before have health insurance, and the uninsured rate is at a record low. In fact, each year of the Biden-Harris administration has set new records for enrollment in the ACA Marketplace.
This record enrollment is not a coincidence, but the result of government efforts to lower health care costs and make insurance easier to buy. It also made health insurance more affordable for Americans who buy health insurance on the ACA Marketplace, helping consumers save an average of $1. Insurance costs $800 per year. For example, this administration has made the largest investment ever in outreach and enrollment support, especially in rural and underserved communities, while cutting back on bureaucratic red tape that makes it difficult for people to get insurance. Eliminated.
But all of these efforts to reduce health care costs and expand insurance coverage are now at risk. If Republicans in Congress repeal the enhanced premium tax credit that makes ACA coverage more affordable, premiums will skyrocket and people will lose insurance. For many families, the consequences will be dire.
- a single parent People with an income of $50,00 per year may have to pay premiums $1600 increase per year.
- a retired couple If you make $85,000 a year, your premiums may go up. $18,000 increase per year.
- Experts speculate that 3 million to 5 million people will be uninsured..
The Affordable Care Act’s marketplace is just one part of the government’s approach to health insurance. Currently, Medicaid covers: 80 million people. Thanks to the president’s leadership, more than 1 million Americans now have expanded Medicaid coverage in four states, with total ACA-related enrollment at Over 45 million. This administration also eliminated red tape to make it easier to apply for and renew Medicaid, and established new standards to ensure people get the care they need, when they need it.
In addition to today’s record-breaking enrollment numbers, Biden is committed to improving the health of millions of Americans, from making health care and prescription drugs more affordable to tackling health care issues. We will also release a report and data chart pack detailing the historic progress of the Harris Administration. Mental health, maternal health and other crises, and investments in public health infrastructure. Some highlights include:
- President Biden’s Medicare drug price negotiation program exceeded expectations in its first year alone, achieving negotiated prices of: 38-79% lower higher than the U.S. list price for 10 drugs negotiated in the first round. These prices are 6 billion dollars If enacted, it would be lower annually than current Medicare payments. 1.5 billion dollars The dollars go back into the pockets of Medicare beneficiaries. Seniors on Medicare are protected by a new $2,000 out-of-pocket cap, and insulin is capped at just $35 a month.
- The government will end “family discord” and Millions of families finally qualify Approximately 1 million people will have coverage or lower premiums through affordable ACA Marketplace insurance.
- The 988 Lifeline created under this administration has answered all of this and more. 11 million calls, chats and text messages We made sure people experiencing pain had immediate access to care.
- Following government efforts to reduce overdose deaths, recent data shows that: 17% reduction in overdose deaths The 12 months ending July 2024 saw the largest year-over-year decline in U.S. history.
- After the publication of a comprehensive strategy to improve maternal health; 46 states and DC expand postpartum Medicaid coverage For hundreds of thousands of new mothers, 2 to 12 months.
- Following the launch of a comprehensive national strategy to end the HIV epidemic by the end of the decade, The rate of new HIV infections is also declining..
Read the Biden-Harris administration’s full report on progress toward lowering health care costs and increasing coverage for Americans.
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