Health insurance marketplace success
The health insurance marketplace insured 12.7 million Americans during the third open enrollment season. The three-month open enrollment period began in November and ended January 31.
“Open Enrollment for 2016 is over and we are happy to report it was a success,” said U.S. Department of Health and Human Services Secretary Sylvia Burwell. “The Health Insurance Marketplace is changing people’s lives for the better. Across the country, about 12.7 million Americans selected affordable, quality health plans for 2016 coverage, exceeding our goals. That includes over 4 million new consumers in the HealthCare.gov states who signed-up for coverage this year. The Marketplace is growing and getting stronger and the ACA has become a crucial part of healthcare in America.”
2016 Open Enrollment Numbers:
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Four million new users signing up for insurance through the marketplace.
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28 percent (2.7 million) of consumers were in the 18-to-34 age bracket.
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Currently, more than 90 percent of Americans insured
If you did not enroll in a 2016 health insurance plan by January 31, 2016, you cannot enroll in a health insurance plan for 2016 unless you qualify for a Special Enrollment Period. You may qualify for a special enrollment period 60 days following life events that involve a change in family status. These life events include marriage, the birth of a child or loss of health coverage.
For more information about health insurance, visit healthcare.gov.
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