15 September (WNN) — The White House said Wednesday that the six-month special enrollment period for the Affordable Care Act has allowed nearly three million people in the United States to sign up for coverage.
President Joe Biden earlier this year announced a nomination period, which ran from February to August. The White House said 2.8 million people signed up during that period.
The effort increased total ACA enrollments to 12.2 million.
“In addition to increasing access, we are also reducing health care costs for millions of families, thanks to the expanded premium subsidies included in the My American Rescue Plan,” Biden said in a statement.
“Americans who purchase their coverage through the Affordable Care Act have seen their premiums decrease by an average of $67 per month, which is more than $800 each year that is spent on groceries, childcare, or other essentials. Things can go on.”
The White House said that four in 10 US residents who bought new coverage got plans for $10 per month or less, and 20 states and Washington, DC saw premiums drop by more than $75 per month.
Out-of-pocket spending also declined, the White House said, with the average deductible for new enrollees dropping by more than 90%.
“These numbers are encouraging but we have more work to do to reduce health care costs for all Americans,” Biden said. “I urge Congress to act quickly to continue the important work of increasing access to and reducing health care costs to the American people, and to continue building on the strong foundation of the Affordable Care Act.”
Biden said his agenda would reduce the cost of drugs by allowing Medicare to negotiate prices and provide a health care premium tax deduction for nine million Americans.