New ACA enrollees make up nearly a quarter of 16.3M insured in 2023

CMS said Jan. 25 that a record 16.3 million people enrolled in ACA marketplace coverage during the open enrollment period from Nov. 1, 2022 to Jan. 15, 2023.

Among all enrollees, 3.6 million (22 percent) are new to the marketplace in 2023, while 78 percent, or 12.7 million people, had active ACA coverage in 2022.

Provisions in the Inflation Reduction Act increased premium subsidies for marketplace coverage. The increased subsidies mean 4 in 5 customers purchased plans for under $10, according to HHS estimates.

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