Obamacare sign-ups hit 21 million for 2024. Will the increase in sign-ups last?

A record 21 million people have signed up for marketplace plans for 2024, lured in part by more generous federal subsidies. But the expanded grants are set to expire after next year.

Carley Calvi arrived on the second floor of a public library in suburban Milwaukee one morning this month , without health insurance to cover it. the anti-vertigo medication she needed. The worst part, she said, was not having a doctor she trusted.

“I want someone to value me as the person that I am,” said Ms. Calvi, a 35-year-old woman. carpenter for a year.

With about 110 options and the help of a health insurance navigator, she selected a plan with a greatly reduced monthly premium of $221, placing her among the 21.3 million people who signed up for coverage on the Affordable Care Act marketplaces for 2024. The enrollment total, announced Wednesday by the Biden administration, set a record for the third year in a row and amounts to almost double the number of signatures. -increases compared to 2020.

The increase in enrollment is due to the continuation of more generous federal grants since the coronavirus pandemic.

President Biden and congressional Democrats extended grants for two years as part of a pandemic relief package in 2021, and they later signed into law a three-year extension until 'in 2025, which means Americans will be able to take advantage of enhanced support for an additional annual open enrollment period.

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