Initial Obamacare Enrollment Drops by 1.4 Million
The New York Times • • nation
Key Points:
- Approximately 1.4 million fewer Americans have enrolled in Obamacare coverage this year, with enrollment dropping from 24.2 million last year to 22.8 million, following the expiration of enhanced subsidies that previously lowered insurance costs.
- The initial enrollment figures include automatic renewals, but the decline in coverage may worsen as people receive higher premium bills and decide to drop their plans.
- Congress remains deadlocked over extending the subsidies, with the House passing a bill to renew them, but the Senate rejecting it; a bipartisan group is negotiating a compromise, though its outcome is uncertain.
- The expiration of extra subsidies has doubled average insurance costs, potentially causing two million more Americans to become uninsured this year, according to the Congressional Budget Office.
- The
