ACA enrollment drops by 3 million as subsidies expire and costs rise
By
Ali Swenson
Summary
New federal data shows about 3 million fewer people had Affordable Care Act health insurance plans in February compared to the same time last year — a 13% drop from 22.1 million enrollees. The Department of Health and Human Services attributes the decline to a federal crackdown on fraudulent enrollment, but health analysts believe it's more likely due to the January 1 expiration of federal subsidies, which has caused a surge in costs for consumers. The healthcare research nonprofit KFF expects the number of people in the government healthcare program to continue declining throughout the year.
Source
bskyACA enrollment drops by 3 million as subsidies expire and costs riseapnews.comKey quotes
· 4 pulledAbout 3 million fewer people in the United States had Affordable Care Act health insurance plans in February compared with the same time last year, according to new federal data.
The U.S. Department of Health and Human Services suggested the 13% drop in enrollment from 22.1 million... is due to a federal crackdown on fraudulent enrollment.
But health analysts believe it's more likely related to the Jan. 1 expiration of federal subsidies that has caused a surge in costs.
The healthcare research nonprofit KFF has said it expects the number of people in the government healthcare program to continue to decline throughout the year.
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