Day: November 3, 2021

Record low premiums and a stable uninsured rate mark open enrollment season

The federal government this week touted record low premiums for Affordable Care Act coverage and a stable uninsured rate.

The number of uninsured Americans stabilized in 2020 to between 8.6% and 9.7% of the population, about 28 to 31.6 million people, according to Reuters, citing information from the Office of the Assistant Secretary for Planning and Evaluation. About 30 million U.S. residents were uninsured in 2019, before the pandemic, the report said. Medicaid enrollment grew by 16%.

WHY THIS MATTERS

The numbers to show that safety net coverage worked as people lost their jobs and health insurance through their employers due to the COVID-19 pandemic, according to the Department of Health and Human Services Office of Public Affairs.

“As a recent HHS Office of the Assistant Secretary for Planning and Evaluation (ASPE) report showed, increases in Medicaid and Marketplace enrollment help offset decreases in employer-sponsored coverage tied to the COVID-19

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