Now that there’s financial help available to get covered under the Affordable Care Act, we keep seeing evidence that more and more Americans have been able to sign up for health coverage.
Here’s the latest confirmation of that, from a report released yesterday by the Department of Health and Human Services: Nearly 11.7 million Americans had signed up to get covered in the health insurance marketplaces by the end of this year’s open enrollment!
That’s on top of the 10.75 million who are newly covered by Medicaid and the Children’s Health Insurance Program since October 2013. And with the uninsured rate dropping by 20 percent in 2014, it’s clear that Americans have been able to sign up for new health insurance options and benefit from the Affordable Care Act.
There’s a lot to dig into in yesterday’s new report, but here are a few highlights:
- 8.84 million of the 11.7 million were in the 37 states using the HealthCare.gov enrollment platform.
- 87 percent of those states’ enrollees qualified for financial help to get covered (that’s 7.7 million Americans).
- They qualified for an average tax credit of $263 per month.
- More than half signed up for plans that would cost $100 or less per month after tax credits.
The report also includes state-by-state information on average tax credits and what percentages of enrollees qualified for financial help. For example, 93 percent of Floridians who signed up were eligible for premium tax credits!
As we celebrate the fact that so many people signed up for quality, affordable health coverage, we’re also analyzing the programs that pointed the uninsured to help with enrollment. Millions more Americans can still get covered, but only if partners like you, in communities around the country, continue this important work.
For an in-depth look at the “surround-sound” outreach strategies that have proven most successful, see the slides and watch the recording from last week’s webinar on lessons from open enrollment. We look forward to continuing to work with leaders like you to connect even more Americans to coverage!