HEALTH CARE SIGN-UPS TOP 200K
In a solid start, more than 200,000 people signed up for coverage the first two weeks after President Joe Biden reopened HealthCare.gov as part of his coronavirus response, the government said Wednesday.
Early consumer interest in the three-month special enrollment period shows pent-up demand for health insurance a year into the COVID-19 pandemic, with many people still unemployed or unable to work as many hours as before.
If the pace keeps up, “this special enrollment period could make a meaningful dent in the number of people uninsured,” said Larry Levitt, who tracks health insurance for the nonpartisan Kaiser Family Foundation. “The enrollment numbers so far are stronger than I would have expected.”
Biden called the sign-ups “an encouraging sign,” adding that “we can’t slow down until every American has the security and peace of mind that quality, affordable health coverage provides.”
Reopening the health insurance markets fits into Biden’s strategy of pushing the U.S. toward coverage for all by building on the Obama-era Affordable Care Act, better known as “Obamacare.” HealthCare.gov offers taxpayer subsidized private health insurance, catering mainly to low- and moderateincome working people.
If Congress passes Biden’s coronavirus response bill, financial assistance for premiums will become considerably more generous, and a greater number of solid middle-class households would also qualify. Though the sweetened subsidies last only through the end of next year, their availability is expected to boost insurance coverage.