Obamacare Enrollment Hits Record 24 Million as Subsidy Expiration Looms

The Biden administration credits enhanced subsidies and streamlined processes for record signups but warns millions could lose coverage if Congress fails to act.

Nearly 24 million Americans have signed up for Affordable Care Act (ACA) plans for 2025, doubling enrollment since 2021 and setting a new record.
Enhanced federal subsidies, introduced during the Biden administration, have made health insurance more affordable, with 80% of consumers able to find plans for $10 or less per month.
The uninsured rate in the U.S. has dropped to an all-time low of 7.6%, with over 45 million people now covered through ACA marketplaces and Medicaid expansion.
The enhanced subsidies are set to expire at the end of 2025, potentially leaving 3 to 5 million people uninsured and causing premiums to rise significantly for many families.
The Biden administration is urging the Republican-controlled Congress to extend the subsidies, emphasizing the potential financial and health consequences of inaction.