Sunday, January 19, 2014

Exchanges See Little Progress on Uninsured

Early Estimates Suggest That Majority of Sign-Ups Already Had Health Plans

Click here to read the WSJ article, 1-18-14. Excerpts:
"Early signals suggest the majority of the 2.2 million people who sought to enroll in private insurance through new marketplaces through Dec. 28 were previously covered elsewhere"

"at least two-thirds of those consumers previously bought their own coverage or were enrolled in employer-backed plans"

"the tally of newly insured consumers is falling short of their expectations"

"Only 11% of consumers who bought new coverage under the law were previously uninsured, according to a McKinsey & Co. survey"

"One reason for people declining to purchase plans was affordability."

"Another common problem was technical challenges in buying the plans"

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