Covered California Achieves Record Enrollment
Carrier Updates
Thursday, February 15 2024
SACRAMENTO, Calif. — With its open-enrollment period ending on Feb. 9, Covered California announced that a record number of Californians have selected health plans for 2024.
As of Jan. 31, there are 1,784,653 Californians who have chosen a health plan through Covered California for 2024, with 306,382 new enrollees and 1,478,271 renewing their coverage. The total surpasses the previous high set in 2022[1].
The increased federal subsidies through the Inflation Reduction Act paired with California’s new cost-sharing reduction program for 2024 helped create the highest number of new sign-ups during an open-enrollment period since 2020. Consumers have until midnight on Feb. 9 to enroll in coverage that would be effective as of Feb. 1.
“The high demand for Covered California shows that the increased financial help for 2024 is making health care coverage more attainable and affordable for more Californians,” said Executive Director Jessica Altman. “Those who remain without health insurance still have time to sign up and be covered for the rest of the year. You can apply on CoveredCA.com or reach out to one of our 14,000 agents and community enrollment partners throughout the state to help you get the peace of mind that comes with having health insurance.”
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As of Jan. 31, there are 1,784,653 Californians who have chosen a health plan through Covered California for 2024, with 306,382 new enrollees and 1,478,271 renewing their coverage. The total surpasses the previous high set in 2022[1].
The increased federal subsidies through the Inflation Reduction Act paired with California’s new cost-sharing reduction program for 2024 helped create the highest number of new sign-ups during an open-enrollment period since 2020. Consumers have until midnight on Feb. 9 to enroll in coverage that would be effective as of Feb. 1.
“The high demand for Covered California shows that the increased financial help for 2024 is making health care coverage more attainable and affordable for more Californians,” said Executive Director Jessica Altman. “Those who remain without health insurance still have time to sign up and be covered for the rest of the year. You can apply on CoveredCA.com or reach out to one of our 14,000 agents and community enrollment partners throughout the state to help you get the peace of mind that comes with having health insurance.”
Click Here to Read More