Health Insurance Marketplaces 2017 Open Enrollment Period: January Enrollment Report - Insurance News | InsuranceNewsNet

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January 13, 2017 Newswires
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Health Insurance Marketplaces 2017 Open Enrollment Period: January Enrollment Report

Targeted News Service (Press Releases)

WASHINGTON, Jan. 10 -- The U.S. Department of Health and Human Services' Centers for Medicare & Medicaid Services issued the following fact sheet:

During the fourth open enrollment period, the individual market Health Insurance Marketplaces ("the Marketplaces") continue to play an important role in fulfilling one of the Affordable Care Act's core goals: reducing the number of uninsured Americans by providing access to quality, affordable health insurance.

This report provides interim data on enrollment-related activity in the Marketplaces during the first part of the 2017 Open Enrollment Period (OEP) for all 50 states and the District of Columbia (covering the period from November 1, 2016 through December 24, 2016). The report indicates that, as of December 24, 2016, more than 11.5 million individuals are signed up for 2017 coverage through the Marketplaces, an increase of 286,000 people compared to the comparable period last year.

The report includes detailed state-level data on the characteristics of these individuals. The report includes data on the overall distribution of plan selections through the Marketplaces by gender, metal level, age, and financial assistance status (i.e., whether the consumer will receive advance premium tax credits and/or cost-sharing reductions). Additionally, it includes separate breakouts on new consumers and those who are reenrolling in coverage, and data related to completed applications, eligibility determinations, website visitors, and call center activity. Some or all of these data are available for states using the HealthCare.gov platform and the 12 State-Based Marketplaces (SBMs) that are using their own Marketplace enrollment platforms for the 2017 coverage year.

Additionally, for the HealthCare.gov states, the report includes data on the distribution of plan selections by self-reported race/ethnicity, rural status, and household income; data on the number of reenrollees who actively reenrolled and/or changed plans; and data on the average monthly advance premium tax credit.

Highlights

Nationwide:

* Over 11.5 million individuals are signed up for 2017 Marketplace coverage as of December 24, 2016. This is an increase of 286,000 consumers relative to the comparable period last year.Totals include 8.9 million returning consumers and 2.6 million new consumers.

* More than 8 in 10 individuals (9.3 million or 81%) who are signed up for 2017 plans through the Marketplace will receive advance premium tax credits.

* Consumer engagement continues to increase compared to previous years, with more than half of the 8.9 million consumers who reenrolled in Marketplace coverage actively selecting a plan (5.0 million, or 56%, an increase compared to last year's 51%).

Among states using the HealthCare.gov platform:

* More than 8.7 million individuals are signed up for 2017 coverage through HealthCare.gov.

* Totals include 6.6 million returning and 2.1 million new consumers.

* More than 8 in 10 individuals (7.2 million, or 82%) who are signed up for 2017 plans through the Marketplace will receive an advance premium tax credit with an average value of $386 per person per month.

* HealthCare.gov consumers continue to represent a broad cross-section of Americans.

To see the complete Enrollment Report, click here: https://downloads.cms.gov/files/final-marketplace-mid-year-2017-enrollment-report-1-10-2017.pdf

For the report addendum, click here: https://downloads.cms.gov/files/addendum-final-marketplace-mid-year-2017-enrollment-report-1-10-2017.pdf.

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