More consumers signed up during open enrollment this year than last
The administration said it urged them to enroll anyway and touted the results – 6.4 million HealthCare.gov customers compared to 6 million at last year’s mid-December deadline to hold coverage by New Year’s Day.
The Patient Protection and Affordable Care Act, commonly known as Obamacare, created a marketplace where consumers who aren’t covered by Medicare, Medicaid or their employer – about 6 percent of the market in New Jersey – could shop for health insurance. That includes ads aimed at those who have never enrolled and outreach through the Internal Revenue Service to those who went without insurance previous year “encouraging them to get coverage instead of paying the penalty”, she said. A report this month from the Urban Institute and Center on Budget and Policy Priorities predicts a repeal would reduce tax credits by more than $360 million used to support premiums for moderate-income earners.
Brostek says there’s also concern about the future of the ACA.
The news also comes as President-elect Donald Trump and Republican leaders in Congress vow to repeal the law and replace it with their own option at some unclear point, which may be after the 2018 mid-term elections.
Ninety thousand forty-two. That’s the number of people in Utah who signed up for insurance under the ACA so far this year.
Health care experts have stressed that any changes Trump’s administration makes to the law will not impact those who sign up for 2017 insurance through the exchange. “The objective here is to bring relief to people who are suffering from Obamacare so that they can get something better”.
The figures were released by federal health officials and include both new and returning consumers who are updating or switching plans.
The Democratic Governors Association on Wednesday wrote Ryan and Senate Majority Leader Mitch McConnell saying that in addition to potentially 30 million people losing insurance if Obamacare is repealed, states may also be hit with nearly $69 billion in costs from so-called uncompensated care over the next decade.
“The historic decline in uninsured rates has been accompanied by widespread reductions in cost-related access problems and improvements in access to routine care for at-risk adults”, the report said. In the first quarter of 2016, about 8.6 percent of Americans – or about 27.3 million people – had no health insurance.
But she stressed the Affordable Care Act is still “the law of the land” and each plan is a contract for 2017, regardless of what happens in Congress.
Citizen Action of Wisconsin’s 2017 Wisconsin Health Insurance Cost Rankings report found that from 2000 to 2013, health care costs for large group insurance plans went up 15 percent annually statewide. So-called off-market plans must provide the same baseline coverage as Obamacare plans. This was due to people enrolling through the ACA marketplaces or learning they already qualified for their state’s existing Medicaid program.