Enhanced Direct Enrollment (EDE) is a service that allows approved entities to enroll consumers in Marketplace qualified health plans (QHPs), with income-based subsidies if they’re subsidy eligible, without the enrollee needing to visit the HealthCare.gov website.| healthinsurance.org
During the open enrollment period for 2024 health coverage, more than 21.4 million people enrolled in private qualified health plans (QHPs) through the Marketplaces (exchanges) nationwide. This was a 31% increase over the previous record high set in 2023, when 16.4 million people enrolled in Marketplace QHPs.| healthinsurance.org
While the Affordable Care Act's premium subsidies help pay the cost of the health insurance itself, cost-sharing subsidies help to reduce out-of-pocket spending for eligible enrollees when they select Silver plans. The Trump administration eliminated federal funding for cost-sharing reductions, but the benefits are still available to eligible enrollees. And because the cost of cost-sharing reductions has been added to premiums, premium subsidies are much larger than they were prior to 2018.| healthinsurance.org
The Affordable Care Act’s open enrollment period is the annual window during which individuals and families can compare the various health plans that are available and select the one that will best fit their needs for the coming year.| healthinsurance.org
