Industry News

2024 Marketplace Plans Grow

A report from the Centers for Medicare & Medicaid Services (CMS) shows that over 21 million consumers selected or were automatically re-enrolled in health insurance coverage through HealthCare.gov and State-based Marketplaces during 2024’s Open Enrollment Period (OEP). ASPE analysis shows that today over 45 million people have coverage thanks to the Affordable Care Act’s Marketplaces and Medicaid expansion. 5.1 million more consumers signed up for coverage during the 2024 OEP compared to the 2023 OEP, a 31% increase. 5.2 million people who signed up for coverage did so for the first time, a 41% increase from 3.7 million during the previous OEP.