How many individuals were enrolled in Health Insurance Marketplaces in 2019?

Prepare for the HFMA Business of Health Care Test. Study with flashcards and multiple choice questions, each question offers hints and explanations to boost your confidence. Ace your exam!

In 2019, approximately 11.4 million individuals were enrolled in Health Insurance Marketplaces. This figure reflects the participation in the Affordable Care Act's (ACA) insurance exchanges, which were designed to provide a platform for individuals and families to shop for and enroll in health insurance plans. The Marketplaces serve as a critical resource for those seeking coverage, especially for low- to moderate-income individuals who might qualify for subsidies to help reduce premium costs.

The number 11.4 million indicates a stable consumer engagement with the Marketplaces, demonstrating their relevance in providing access to health insurance. This participation is a key metric for evaluating the success of the ACA and its goal of expanding health insurance coverage across the United States.

While data from other choices may reflect broader estimates or conversations about health insurance trends, they do not align with the specific enrollment statistics reported for that year, which underscores the importance of accurate data in understanding the health insurance landscape.

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