According to recent reports, over 21 million people enrolled in Affordable Care Act (ACA) Marketplace coverage during the 2024 Open Enrollment period, marking a record high for enrollment since the launch of the ACA Marketplaces; this number includes both new and returning consumers selecting plans through HealthCare.gov and state-based marketplaces.
Key points about 2024 Open Enrollment:
Total enrollment: Over 21 million people
Increase from previous years: This is a significant increase compared to previous years, with a large jump in enrollment attributed to enhanced subsidies provided by the American Rescue Plan Act (ARPA) and the Inflation Reduction Act (IRA).
New vs returning consumers: A substantial portion of the enrollment came from returning consumers, with a notable number of new consumers also joining the marketplace.
2023: 15.8 million people enrolled during open enrollment for a health insurance plan.
2022: 14.2 million people enrolled during the 2022 open enrollment period. This was a record for the most enrollments during an open enrollment period.
2021: 13.6 million people enrolled during open enrollment for a health insurance plan.
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