22-12-2020

Pandemic force millions to federal marketplace

Insurance Alertss
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22-12-2020
|

Pandemic force millions to federal marketplace

About 8.2 million people signed up for health plans for 2021 through the Affordable Care Act’s federal insurance marketplaces, driven largely by increasing unemployment and other effects of the COVID-19 pandemic, The Washington Post reported.

Federal figures during the enrollment period from Nov. 1 to Dec. 15 show that 1.8 million of the participants signed up for the first time and the other 6.4 million were returning customers who selected a health plan or were re-enrolled automatically if they had not chosen one.

Source: Business Insurance