For over a decade, State-Based Marketplaces have provided private health coverage to tens of millions of Americans, ensuring their health, well-being, and economic security. The Americans who depend on the Marketplaces include working parents, small business owners, farmers, gig workers, early retirees, and lower and middle-class individuals of all ages, political views, and backgrounds who drive our local economies and make both our rural and urban communities thrive.
The legislation under consideration in the House will severely impact the ability of these millions of Americans to continue to access this coverage and the health and financial security they depend on today. This will make for a sicker, less financially secure American public and strain hospitals and health care providers by increasing uncompensated care.
With the pending dire threat to several of these programs (primarily Medicaid & the ACA) from the House Republican Budget Proposal which recently passed, I'm going a step further and am generating pie charts which visualize just how much of every Congressional District's total population is at risk of losing healthcare coverage.
USE THE DROP-DOWN MENU ABOVE TO FIND YOUR STATE & DISTRICT.
Not only is New Mexico's exchange enrollment up a whopping 28% vs. the same point last year, it's 20% higher than the 2024 OEP's final total of 56,472.
It was in early 2021 that Congressional Democrats passed & President Biden signed the American Rescue Plan Act (ARPA), which among other things dramatically expanded & enhanced the original premium subsidy formula of the Affordable Care Act, finally bringing the financial aid sliding income scale up to the level it should have been in the first place over a decade earlier.
In addition to beefing up the subsidies along the entire 100 - 400% Federal Poverty Level (FPL) income scale, the ARPA also eliminated the much-maligned "Subsidy Cliff" at 400% FPL, wherein a household earning even $1 more than that had all premium subsidies cut off immediately, requiring middle-class families to pay full price for individual market health insurance policies.
Here's what the original ACA premium subsidy formula looked like compared to the current, enhanced subsidy formula:
Not only is New Mexico's exchange enrollment up a whopping 28% vs. the same point last year, it's actually already 16.6% higher than the 2024 OEP's final total of 56,472!
Not only is New Mexico's exchange enrollment up a whopping 29% vs. the same point last year, it's actually already 16% higher than the 2024 OEP's final total of 56,472!
Not only is New Mexico's exchange enrollment up a whopping 29% vs. the same point last year, it's actually already 15% higher than the 2024 OEP's final total of 56,472!
Not only is New Mexico's exchange enrollment up a whopping 31% vs. the same point last year, it's actually already 13.5% higher than the 2024 OEP's final total of 56,472!
New enrollment is actually down slightly year over year, but enrollment jumped so much last year that there's a much larger pool of current enrollees to renew their policies.
