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Nearly 435,000 Pennsylvanians signed up for healthcare coverage through Pennie, the commonwealth’s health insurance marketplace. This is an increase of 150,000 people signing up for coverage since it launched in 2020.
Pennie, Pennsylvania’s healthcare marketplace made available through the Affordable Care Act, has been widely successful since first launching in September 2020.
Nearly 435,000 Pennsylvanians, a record breaking number, signed up for healthcare coverage through Pennie’s most recent open-enrollment period and will have affordable healthcare coverage throughout 2024. This represents an increase of 150,000 people signing up for coverage since the commonwealth launched the marketplace in 2020.
“We are beyond thrilled to see Pennie’s enrollment numbers skyrocket for 2024, knowing this means so many more Pennsylvanians have chosen to protect their health and their savings this year,” Pennie Executive Director Devon Trolley said in a statement.
“Pennie strives to ensure every Pennsylvanian has the benefits of health coverage, and we will continue to serve as a trusted and objective source for affordable and high-quality coverage.”
Pennsylvania residents are also saving money when they acquire coverage through Pennie thanks in large part to an increase in subsidies from President Joe Biden’s Inflation Reduction Act. These subsidies reduced premiums by 45%, allowing families and individuals to obtain cheaper coverage.
According to the Pennsylvania Department of Insurance, nine in 10 Pennsylvanians who signed up for coverage through Pennie qualify to save more than $500 a month for insurance on average.
“Every Pennsylvanian deserves the dignity of knowing they can go to the doctor or fill a prescription when they need it, and it is a huge accomplishment that more Pennsylvanians than ever have the peace of mind that comes with having coverage to keep themselves and their families healthy,” Department of Human Services Secretary Val Arkoosh said in a statement.
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