Here's what Biden's Obamacare executive order means for you [View all]
President Joe Biden has promised to make health care more affordable and available. His executive order Thursday takes one immediate step in that direction.
As a result of his action, the Department of Health and Human Services is set to reopen enrollment on the federal Affordable Care Act exchange between February 15 and May 15.
This would give Americans who missed the most recent sign-up period, which ended December 15, access to Obamacare policies -- and to federal assistance to pay for them. Roughly 15 million uninsured people could benefit, according to the Kaiser Family Foundation.
Nearly 9 million of them could qualify for free or subsidized coverage, according to the Kaiser Family Foundation. Individuals making up to about $51,000 and families of four earning up to about $104,800 are eligible for subsidies.
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