More enrollees eligible for tax subsidies this year on healthcare.gov
About 87% of all enrollees during the first month of open enrollment on healthcare.gov were eligible for financial assistance, compared to 80% during a similar time frame in 2014.
About 87% of all enrollees during the first month of open enrollment on healthcare.gov were eligible for financial assistance compared to 80% during a similar time frame in 2014.
The Department of Health and Human Services has released a detailed snapshot of enrollment data from November 15 through December 15. It shows that:
- 33% of enrollees were under 35 years of age, up from 29% in the initial months of the first open enrollment cycle;
- Nearly 1 million consumers selected a plan in the three days leading up to December 15, the cut-off for having a policy take effect by January 1;
- 48% of sign-ups were reenrollments and 52% were first-time customers.
“We’re pleased that nationwide, millions of people signed up for Marketplace coverage starting January 1. The vast majority were able to lower their costs even further by getting tax credits, making a difference in the bottom lines of so many families,” HHS Secretary Sylvia M. Burwell said. “Interest in the Marketplace has been strong during the first month of open enrollment. We still have a ways to go and a lot of work to do before February 15, but this is an encouraging start.”
In this episode of the "Meet the Board" podcast series, Briana Contreras, Managed Healthcare Executive editor, speaks with Ateev Mehrotra, a member of the MHE editorial advisory board and a professor of healthcare policy and medicine at Harvard Medical School. Mehtrotra is also a hospitalist at the Beth Israel Deaconess Medical Center in Boston. In the discussion, Contreras gets to know Mehrotra more on a personal level and picks his brain on some of his research interests including telehealth, alternative payment models and price transparency.
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