Wednesday was the 12-year anniversary of the implementation of Obamacare in the United States. There are 14.5 million Americans currently enrolled in the Affordable Care Act for 2022, according to US government statistics released on Wednesday, the 12-year anniversary of the law’s implementation. That represents a substantial 21 percent increase in enrollment over the numbers from 2021. According to the data released by the federal government, 10.3 million people enrolled in the 33 states across the country that use the federal government’s own marketplace at healthcare.gov. The remaining 4.3 million…
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Health insurance enrollment breaks all previous records
Biden’s changes to the Affordable Care Act changes reversed many areas Trump had altered. Health insurance enrollment through the Affordable Care Act (Obamacare) have reached a record high this year, in a trend widely associated with the changes President Joe Biden made to reverse alterations President Trump had made while he was in office. Among the additional changes Biden made include an increase to available financial assistance. Beyond increasing financial assistance for health insurance enrollments, other changes included widening the window in which consumers could sign up for coverage through…
Read MoreObamacare enrollment through HealthCare.gov has dropped to 8.3 million
Those figures are about 200,000 lower than they were at the same time last year. New HealthCare.gov data has shown that Obamacare enrollment has dropped by about 200,000 since last year. This has brought the current numbers to 8.3 million on the federal exchange site, said the U.S. government. The data is only preliminary, but it indicates that Americans haven’t enrolled at the same rate. The Obamacare enrollment data includes only the sign-ups made through the HealthCare.gov federal exchange site. It includes the numbers as of December 17, and therefore…
Read MoreAffordable Care Act health insurance mandate struck down in federal appeals court
Judges have sent back the case to decide if other components of Obamacare can remain without it. Last week, a federal appeals court struck down the health insurance mandate component of the Affordable Care Act. This ruling involved the portion of Obamacare that made it a requirement for Americans to purchase coverage, calling it unconstitutional. That said, the remainder of the ACA has not been invalidated, but has instead been sent back. The appeals panel did not rule on the remainder of the Affordable Care Act beyond the health insurance…
Read MorePercentage of Americans Covered by Health Insurance Plans Fell in 2018
This represents the first time coverage levels have fallen since the Affordable Care Act went into effect. For the first time since 2009 – the year before the Affordable Care Act was implemented – the percentage of Americans with health insurance plans fell last year. Until 2018, the share of U.S. residents with health insurance had risen each year since 2010. The drop in the share of Americans covered by health insurance plans has occurred regardless of the strength of the economy. Therefore, it was speculated in a New York…
Read MoreUS Health insurance rebates may reach record levels in 2019
A new report has indicated that the Affordable Care Act refunds could hit $1.4 billion this year. The provision of the Affordable Care Act (Obamacare) which provides millions of Americans with health insurance rebates is expected to reach a record high level this year. Health insurance customers may be receiving more in refunds this year than ever before. In 2012, a component of the Affordable Care Act went into effect which required insurers to pay their customers a medical loss ratio (MLR) payment every fall under certain circumstances. If those…
Read MoreTrump steps back from Obamacare overhaul until after the 2020 election
The president backed away from his previous insistence for a vote on an Affordable Care Act replacement. Last week, President Donald Trump withdrew from his prior push for an Obamacare overhaul vote. He had been seeking a vote toward a replacement for the Affordable Care Act. Trump changed directions, deciding to hold off his efforts against the ACA until after the 2020 elections. Trump’s move away from the Obamacare overhaul vote was a recognition of the current political situation. It has become clear that health care replacement legislation would not…
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