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Marketplace HIE Enrollment Update

6 Responses

1. Barnaby, on October 5, 2013 at 12:25 PM said:

   What happens if I don’t buy health insurance?

   You’ll have to pony up cash to the federal government if you ignore the requirement to purchase health insurance — and you could face a pile of medical bills if you’re injured or seriously ill.

   http://money.msn.com/health-and-life-insurance/article.aspx?post=f856a6b6-e9fb-4e6d-8429-67429f3b4f03

   More detailed info above.

   Barnaby

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2. Ann Miller RN MHA, on October 11, 2013 at 11:49 AM said:

   Chart of the day

   Colleague Austin Frakt PhD takes a first look at competition in the health information exchanges [HIEs].

   http://theincidentaleconomist.com/wordpress/chart-of-the-day-a-first-look-at-competition-in-the-exchanges/

   Take a look!

   Ann Miller RN MHA

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3. Ann Miller RN MHA, on October 15, 2013 at 11:16 AM said:

   Many Docs Still on the Fence About Exchange Participation

   A new Medical Group Management Association survey suggests that insurance coverage does not necessarily mean healthcare access. More than half the physician practices responding to the survey said they had not yet decided whether they will participate in health plans sold on the new state insurance exchanges.

   Of the more than 1,000 practices surveyed by the MGMA last month, 40.2% said they are still evaluating whether they will participate in exchange health plans, 29.2% said they plan on participating (with 26.8% of those reporting they have an “all-products” contract clause requiring them to participate), 16.2% said they just don’t know, and 14.4% said they will not be participating.

   Source: Andis Robeznieks, Modern Healthcare [10/14/13]

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4. Ann Miller RN MHA, on March 17, 2014 at 5:49 PM said:

   Health Insurance Marketplace Enrollment Update

   More than 4.2 million (4,242,300) people selected Marketplace plans from Oct. 1, 2013, through Mar. 1, 2014, including 1.6 million in the State Based Marketplaces and 2.6 million in the Federally-facilitated Marketplace. About 943,000 people enrolled in the Health Insurance Marketplace plans in the February reporting period, which concluded March 1, 2014.

   Of the more than 4.2 million:

   • 55 percent are female and 45 percent are male;
   • 31 percent are age 34 and under;
   • 25 percent are between the ages of 18 and 34;
   • 63 percent selected a Silver plan (up one percentage point over the prior reporting period), while 18 percent selected a Bronze plan (down one point); and
   • 83 percent selected a plan and are eligible to receive Financial Assistance (up one point).

   Source: U.S. Department of Health & Human Services

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5. Ann MIller RN MHA, on May 5, 2014 at 6:03 PM said:

   Enrollment in the Health Insurance Marketplace
   [Follow-Up]

   According to the U.S. Department of Health & Human Services, enrollment in the Health Insurance Marketplace surged to eight million at the end of the first enrollment period. 2.2 million (28 percent) of those who selected a Marketplace plan were young adults ages 18 to 34 – a number that grows to 2.7 million when counting ages 0 to 34, the report found.

   In more than a dozen states, enrollment has doubled since March 1. For example, Texas (149 percent growth), Georgia (127 percent growth), and Florida (123 percent growth) had some of the largest surges in enrollment in the country over the final weeks of the initial open enrollment period.

   Nearly 2.6 million signed up in the State Based Marketplaces and over 5.4 million in the Federally-facilitated Marketplace. About 3.8 million people, including nearly 1.2 million young adults (ages 18 – 34), enrolled in the Health Insurance Marketplace plans in the sixth and final reporting period, which began March 2 and concluded on April 19. Those 3.8 million individuals represent nearly 90 percent growth over February’s cumulative enrollment.

   Source: U.S. Department of Health & Human Services

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6. Ann MIller RN MHA, on April 30, 2015 at 6:42 PM said:

   J.D. Power: Marketplace Health Plan Enrollment

   According to the J.D. Power 2015 Health Insurance Marketplace Exchange Shopper and Re-Enrollment (HIX) Study:

   • Re-enrolling in the same Marketplace plan is largely due to satisfaction with monthly premiums. More than three-fourths (78%) of re-enrollees keep their plan, while 22% switch plans primarily due to cost concerns such as monthly premiums.

   • Re-enrollees primarily use online research while shopping, particularly health plan websites (58%), followed by general online search (51%) and online consumer reviews (29%).

   Source: J.D. Power

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