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May 06, 2021 06:16 PM

HealthCare.gov sign-ups spike during special enrollment

Matti Gellman
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    Modern Healthcare Illustration / Getty Images

    Nearly one million people have signed up for insurance through HealthCare.gov and premiums have fallen for many enrollees during the current special enrollment period, according to HHS on Thursday.

    The 940,000 new enrollees on HealthCare.gov from February 15 through April 30 represents an approximately 549,000 enrollee increase from the same period in 2020. HHS credited the American Rescue Plan for creating a special enrollment period. Those figures represent 36 states using the federal healthcare exchange platform.

    The Biden plan also included expanding tax credits that would lower enrollees' premiums. HHS said those tax credits lowered new enrollees' average monthly premiums by 25%, and approximately 2 million people who returned to the exchanges saw 40% premium reductions. The median deductible for those selecting plans during the special enrollment period fell by 90%.

    As a result of the pandemic's economic downturn, 20 million people were left unemployed with many losing their health insurance. The Trump administration refused to open up a special enrollment period to all Americans last year, citing data that showed many Americans who had lost coverage used existing special enrollment periods to enroll in HealthCare.gov. Signing up for an exchange plan is often tightly restricted outside of normal enrollment, but individuals can sign up for new plans after a qualifying life event.

    "Across America there is a need and demand for high quality, low-cost health insurance," HHS Secretary Xavier Becerra said in the statement. "That's why we are doing all we can to reach people who need coverage."

    Special enrollment sign-ups has been increasing, with 892,000 people enrolled from mid-December through May in 2020 and 704,106 the year prior.

    From February 15 through April 30 over 14 million users have visited HealthCare.gov, according to CMS.

    States like Texas and Florida, who topped a Families USA report of the highest rate of uninsured adults in May 2020 with 29% and 25% respectively, raised the amount of new consumers selecting healthcare plans by over 30% and 40% from February to April.

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    • News
      • Current News
      • Providers
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      • Finance
      • Technology
      • Safety & Quality
      • Digital Health
      • Transformation
        • Patients
        • Operations
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      • ESG
      • People
      • Regional News
        • Midwest
        • Northeast
        • South
        • West
      • Digital Edition (Web Version)
    • Opinion
      • Bold Moves
      • Breaking Bias
      • Commentaries
      • Letters
      • Vital Signs Blog
      • From the Editor
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      • Awards
        • Nominate/Eligibility
        • 100 Most Influential People
        • 50 Most Influential Clinical Executives
        • Best Places to Work in Healthcare
        • Excellence in Governance
        • Health Care Hall of Fame
        • Healthcare Marketing Impact Awards
        • Top 25 Emerging Leaders
        • Top Innovators
        • Diversity in Healthcare
          • - Luminaries
          • - Top 25 Diversity Leaders
          • - Leaders to Watch
        • Women in Healthcare
          • - Luminaries
          • - Top 25 Women Leaders
          • - Women to Watch
      • Conferences
        • Digital Health Transformation Summit
        • ESG: The Implementation Imperative Summit
        • Leadership Symposium
        • Social Determinants of Health Symposium
        • Women Leaders in Healthcare Conference
      • Galas
        • Best Places to Work Awards Gala
        • Health Care Hall of Fame Gala
        • Top 25 Diversity Leaders Gala
        • Top 25 Women Leaders Gala
      • Virtual Briefings
        • - Hospital of the Future
        • - Value Based Care
        • - Hospital at Home
        • - Workplace of the Future
        • - Digital Health
        • - Future of Staffing
        • - Hospital of the Future (Fall)
      • Webinars
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      • Podcast - Beyond the Byline
      • Sponsored Podcast - Healthcare Insider
      • Video Series - The Check Up
      • Sponsored Video Series - One on One
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      • Hospital Financials
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