Jan 11 (Reuters) – Nearly 16 million Americans have to date signed up for medical health insurance by means of the Inexpensive Care Act’s market, a 13% leap from a yr earlier, in line with the U.S. Division of Well being and Human Providers (HHS) on Wednesday.

Enrollment for 2023 healthcare plans underneath the Inexpensive Care Act, also referred to as Obamacare, is open between Nov. 1 and Jan. 15.

About 3.1 million individuals who have signed up for the plans are new enrollees, HHS mentioned.

Obamacare helps low and middle-income Americans who don’t have entry to reasonably priced medical health insurance protection by means of an employer.

Insurers that present these plans embrace UnitedHealth Group Inc (UNH.N), CVS Well being (CVS.N), Centene Corp (CNC.N) and Elevance (ELV.N).

Reporting by Manas Mishra in Bengaluru; Enhancing by Shinjini Ganguli

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