14.5 mln people joined Obamacare health insurance in US

According to the US government, more than 14.5 million Americans have signed up for Obamacare health insurance for 2022, a 21 percent increase over last year and the greatest number since the Affordable Care Act was implemented 12 years ago.

About 10.3 million people enrolled from the 33 states in the United States that use the federally financed online marketplace, and about 4.3 million from states that sell insurance directly to their residents.

Former US President Barack Obama signed the bill into law as his signature piece of domestic legislation.

In a statement, US President Joe Biden claimed the Affordable Care Act had improved healthcare for millions of Americans and that his administration had seen a 26 percent increase in enrollment for Hispanic Americans and a 35 percent increase in enrollment for Black Americans.

According to Biden, over 18.7 million adult Americans in 39 states are now covered under Medicaid’s enhanced eligibility requirements.

Those who enrol in the government-backed insurance receive income-based subsidies. Centene (CNC.N), CVS Health (CVS.N), and Anthem Inc. are among the companies that market this type of insurance (ANTM.N).

Latest articles

Australia should erase climate footprint by 2035

The Australian government has been encouraged by engineers and technology scientists to "make up for lost time" and set itself a "monumental challenge" by...

After Victoria, NSW can also tax Airbnb

In order to contribute to the funding of affordable housing, the government of New South Wales is mulling about whether it should follow Victoria's...

Make heatwave plans: Australians told

The people of Australia should plans for heatwaves in the same way that they do for bushfires, according to health and disaster experts, so...

Australia: Owners selling homes at loss

The number of home owners in Australia who are selling their homes quickly but not making a profit from the transaction is growing. The percentage...

Related articles