Amid Covid, 2.5 Million People Have Signed Up for U.S. Health Insurance

Amid Covid, 2.5 Million People Have Signed Up for U.S. Health Insurance

U.S. Health Insurance

As of August 10th, two and a half million people have purchased health insurance through the online marketplaces (ACA) after the Biden Administration extended the time frame amid Covid-19. Haven’t had a chance to sign up as yet? That’s okay — there’s still time! Individuals and small businesses have until this Sunday, August 15th to purchase a health insurance plan.

The special enrollment period was extended in part to help those who had lost their employer-related health insurance coverage as the pandemic rattled the U.S.

There are also only a few days left to see if you qualify for free or low-cost private health insurance. Also ending on August 15th, this special enrollment period is the only time to sign up for a plan that would come with major subsidies to reduce monthly premiums. Otherwise, unless there’s a qualifying life event (i.e. job loss, the birth of a child, etc) after the current window closes, it’s generally best to wait until open enrollment this fall to sign up.

Overall, about 3 out of 5 eligible uninsured Americans should be able to access zero-premium plans, according tot eh Centers for Medicare & Medicaid Services.

New to the marketplace? That’s okay — we can help! We’re the number one agency in Coral Springs and Parkland for a reason! 

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