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

Pirates of the Caribbean actor ‘Tamayo Perry’ killed in shark attack

Tamayo Perry, an actor from Pirates of the Caribbean, has died after a shark attack while surfing in Hawaii. The 49-year-old passed away on...

Rising sea levels can disrupt millions in US by 2050

Rising sea levels due to global warming are set to disrupt the lives of millions of Americans by 2050, according to a new study....

900,000 children pushed to poverty in UK: Report

The poverty crisis in the UK, which has deepened over the past 14 years, has been starkly revealed in two reports detailing the severe...

China, EU to talk on electric car tariff hike

The risk of rising Chinese electric car prices in the EU might be diminishing after both parties agreed to negotiate a series of planned...

Related articles