The
Hill - About four million Americans have dropped out of Affordable Care
Act insurance coverage this year as costs soared due to the loss of enhanced
subsidies. The figures released late Friday from the Centers for Medicare and
Medicaid Services offer the most complete look to date at what happened to
enrollment after Republicans in Congress failed to extend enhanced ACA
subsidies at the end of last year.
The loss of those subsidies spiked many people's premiums by
double digits; the new coverage numbers likely reflect the sticker shock
Americans experienced. nable to pay,
they dropped their coverage.
The report from the health and human services assistant
secretary for planning and evaluation said that an estimated 19.2 million
people are enrolled in ACA plans as of February.
…..That's a drop of more than 16 percent from the 23 million
people who signed up for coverage at the end of open enrollment, which itself
was about 1 million fewer than last year.
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