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Insurance marketplace enrollment nears 10 million


 

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The Health Insurance Marketplaces have a nationwide enrollment of about 9.9 million consumers, according to the latest data release from the Centers for Medicare & Medicaid Services.

As of June 30, the 37 federally facilitated marketplaces had an enrollment of 7.2 million and the 13 state-based marketplaces plus the District of Columbia had an enrollment of 2.7 million. That adds up to nearly 10 million effectuated policies – government-speak meaning that the premiums had been paid and the accounts were active.

The state with the highest marketplace enrollment was California, with almost 1.4 million consumers effectuating themselves into a policy. The state with the highest percentage of its population (6.6%) enrolled, however, is Florida, which has just over 1.3 million enrollees among a population that is less than half of the Golden State’s. Idaho and Vermont were tied for second at 5.3%, with Maine (5.0%) and Montana (4.7%) right behind, the CMS data show.

Marketplace enrollees are a little harder to find in Hawaii, which had the lowest percentage of its population enrolled at 0.6% – just 8,802 effectuaters among the state’s 1.42 million residents. Next lowest was Minnesota at 0.9%, followed by Iowa (1.3%), Ohio (1.6%), Arkansas (1.7%), and West Virginia (1.7%).

The CMS also noted that, nationwide, 83.7% of marketplace enrollees – about 8.3 million consumers – receive an advanced premium tax credit worth an average of $270 a month. About 56% of enrollees also receive cost-sharing reductions, but the value of those reductions was not included in the report.

rfranki@frontlinemedcom.com

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