CNN is reporting that fewer people are rushing to sign up for the ACA (the Affordable Care Act) Obamacare for 2019. The deadline to sign up is December 15th, 2018.
Nearly 1.2 million Americans selected plans in the first 10 days of open enrollment this year, compared with nearly 1.5 million in the first 11 days last year, according to federal data released last week.
The average number of sign-ups per day is about 12.5% lower than last year.
Last year, with the Affordable Care Act fresh off the threat of being repealed, people rushed to sign up in the early days of open enrollment. Ultimately, nearly 11.8 million people selected coverage on the federal and state-based exchanges during a shortened enrollment period. That was down only 3.8%, much less than some advocates of the health care law had feared.
While it’s still too early to draw conclusions about this year’s enrollment, which runs through December 15 in most states, health policy experts fear the numbers could drop further.
Source: https://www.cnn.com/2018/11/14/politics/obamacare-open-enrollment/index.html
There are several reasons for the possible drop in the number of people covered. The main reasons why: the reduced number of navigators, the repeal of the individual mandate penalty (which takes effect next year) and the availability of alternative, short term policies that cost less but offer skimpier benefits.
We’re going to talk about those reasons and talk about signing up for the ACA this year—if you haven’t already. We’re joined now by Melanie Hall, Executive Director of the Family Health Care Foundation. http://familyhealthcarefdn.org/
The statewide toll free number to talk with a health care navigator is 1-877-813-9115.
In other news, a study by a non-profit group has found that US residents spend twice as much on health care than Canadians who have a single payer health insurance system with no deductibles and 100% coverage for citizens. https://www.healthsystemtracker.org/chart-collection/health-spending-u-s-compare-countries/#item-start
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One Response to “Using a Navigator to Sign up for the ACA Might Save You Money”
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Try again. The ACA market is mispriced. Enrollment is based on the relative attractiveness of the benefits relative to the premiums. It got much better in 2018…this attracted new carriers, which changed the benchmark, and raised net premiums. Yes, that’s a more complicated explanation, but if you’re going to get paid to write stories explaining things, you should work to understand this, and not repeat simplistic answers that everyone else is saying. If history is any indication, this “reduced navigators” theory is what people were saying would cause enrollment to be low last year. They were wrong, so we’re really going to recycle that argument when results are consistent and not talk about things that really matter?