State Exchanges Have Enrolled Just 3% of Projected Insurance Customers

Enrollment in health plans sold in the new health insurance marketplaces under the healthcare reform law appears to be lagging far behind targets.

Nearly six weeks into the open enrollment period, the federal government is poised to report for the first time how many Americans have signed up in the 36 states where HHS is operating the marketplace. That number will be between just 40,000 and 50,000, according to a report in the Wall Street Journal.

But in states that opted to build their own insurance exchanges, preliminary data has already provided a sketch of the progress: It's slow.

During the first five weeks of enrollment, a dozen states have enrolled roughly 50,000, according to a new study by Avalere Health. That's just 3% of the 1.4 million projected enrollments for those states in the initial sign up period that closes March 31.

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Source: Modern Healthcare