Focus on Health Insurance Exchange Enrollment Overlooks Millions Who Bought Private Insurance

Want to know how many people have signed up for private insurance under Obamacare? Like the health care law itself, the answer is exceedingly complicated.
Published Online: April 16, 2014

Want to know how many people have signed up for private insurance under Obamacare? Like the health care law itself, the answer is exceedingly complicated.

The Obama administration is tracking the number of plans purchased on the federal website healthcare.gov and on the state marketplaces, and this month reported that IT  had exceeded expectations by signing up 7.5 million people. In addition, federal officials have said that 3 million people have enrolled in Medicaid since October.

But often overlooked is that enrollment in private health plans outside the marketplaces is also booming. The federal government hasn’t been counting the number of people who buy new plans directly from insurance carriers -- and that number could be substantial.

Read the full story here: http://bit.ly/1l7ryfI

Source: MedCity News


Feature
Recommended Articles
Proposed mergers of Aetna and Humana, and Anthem and Cigna, raise questions of whether consumers will continue to see competition in health insurance markets.
Healthcare spending growth between 2014 and 2024 is projected to be substantially lower than the 3 decades prior to 2008, according to a new report from CMS. In addition, the average premium for a basic Medicare Part D prescription plan will remain stable in 2016.
Fifty years ago today, President Lyndon B. Johnson signed the law that created Medicare and Medicaid, setting in motion not only the greatest change in healthcare in the nation's history at that point, but also a lasting change for society.
Increasing health insurance enrollment is only one part of the goal of the Affordable Care Act—the law also aims to improve population health and lower healthcare costs, but less attention has been paid to these critical steps.
A quirk in Alaska law allowed Governor Bill Walker to move ahead without support from the legislature.