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Contact

Affordable Care Act Marketplace Enrollment Up By 33%

Source
HealthPayerIntelligence

Year
2024

Topic(s)
Revenue Management

Statistic Info

More than 19 million people have enrolled in Affordable Care Act (ACA) marketplace plans for 2024 coverage, HHS announced.

Author: HealthPayerIntelligence

More Related Stats

Revenue Management

74% of Hospitals Use Some Revenue Cycle Automation

Affordable Care Act Marketplace Enrollment Up By 33%

Fewer Than 1 in 3 Consumers Pay Medical Bills Immediately

Medicare Advantage Denials Jump 56%, Commercial Denials 20%, from Jan. 2022 to July 2023

Adults in the U.S. are most likely to have medical bill problems, regardless of income

More than 1 in 6 Americans now 65 or older

Healthcare organizations will increase their cybersecurity budgets, in some cases by more than 15% compared to 2022

Demand for contract labor costs this year should normalize at about 60% higher than 2019 levels

Medicare Advantage enrollment is expected to reach a milestone this year, exceeding 50% of the total Medicare population in 2023

An estimated 5 million to 14 million are expected to lose coverage as states resume eligibility checks

More 2024 Stats

In 2020, nearly four million adults aged 65 and older reported having unpaid medical bills

Affordable Care Act Marketplace Enrollment Up By 33%

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