WASHINGTON (AP) — More than a half million Americans have taken advantage of the Biden administration’s special health insurance sign-up window keyed to the COVID-19 pandemic, the government announced Wednesday in anticipation that even more consumers will gain coverage in the coming months.
The reason officials expect sign-ups to keep growing is that millions of people became eligible effective April 1 for pumped-up subsidies toward their premiums under President Joe Biden’s coronavirus relief legislation. The special sign-up opportunity for Affordable Care Act plans will be available until Aug. 15.
Biden campaigned on a strategy of building on the Obama-era health law to push the United States toward coverage for all. As president, he’s wasted no time.
With the number of uninsured Americans rising during the pandemic, Biden reopened the law’s heath insurance markets as a backstop. Then, the virus aid package essentially delivered a health insurance price cut by making taxpayer subsidies more generous, while also allowing more people to qualify for financial assistance.