Almost One Million New Obamacare Signups In 2021

The New York Times reports:

Nearly one million Americans have signed up for Affordable Care Act coverage during the first 10 weeks of a special open enrollment period the Biden administration began in February. A total of 940,000 people enrolled in Obamacare coverage between Feb. 15 and April 30, new data released Thursday by Health and Human Services shows. Of those new enrollees, nearly half bought coverage last month, after Congress added billions in subsidies included in the most recent stimulus package.

With that additional funding, the average monthly premium that Healthcare.gov consumers paid fell to $86 for those signing up in April, down from $117 in February and March (before the new subsidies). The surge in sign-ups reflects a growing demand for health insurance. Many Americans have lost job-based coverage during the pandemic, and others who were uninsured before found themselves newly interested in coverage.

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