Joe Biden to reopen 'Obamacare' for Covid relief

Jan 27 2021 05:32 PM
Joe Biden to reopen 'Obamacare' for Covid relief

US President Joe Biden is expected to sign an executive order tomorrow to reopen the insurance markets for a special sign-up opportunity to serve the people needing health coverage in the coronavirus pandemic. The number of uninsured Americans has increased because of job losses due to the economic hit of COVID-19, the Trump administration resisted calls to authorize a “special enrollment period” for people uninsured in the pandemic. 

It was one of the campaign promise by Biden to reopen it. There is no comment from the White House about the expected order, but the two individuals familiar with the plan said the new enrollment period would not go into effect immediately. Rather, the White House intends to provide time for the Department of Health and Human Services to mount a marketing campaign, and for insurers to get ready for an influx of new customers. 

Earlier, Obama-era health care law covers more than 23 million people through a mix of subsidized private insurance sold in all states, and expanded Medicaid adopted by 38 states, with Southern states being the major exception. Coverage is available to people who don't have job-based health insurance, with the Medicaid expansion geared to those with low incomes. The new order will affect, the federal insurance marketplace currently serving 36 states. The marketplace concluded a successful annual sign-up season in December, with enrollment for 2021 growing by about 7 per cent.

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