Approximately 95,000 New Ohio Consumers Enrolled in the
Health Insurance Marketplace during the Third Open
Enrollment Period
Newly released data also shows active
shoppers saved $735 in Ohio
Health Insurance Marketplaces nationwide
signed up nearly 4.9 million new customers for 2016 coverage
during the third Open Enrollment period. In total, about
12.7 million people signed up or automatically renewed their
plans for 2016 coverage, of which about 40 percent were new
customers. In Ohio, approximately 95,000 were new customers
to the Marketplace.
“Almost 5 million Americans were new to the
Health Insurance Marketplaces in 2015 and about 20 million
uninsured Americans have gained coverage because of the
Affordable Care Act,” said HHS Secretary Sylvia M. Burwell.
“This year’s customers are more engaged, savvier and better
informed. New customers came in earlier because they wanted
a full years coverage, and 70 percent of existing customers
came back to shop and actively selected a plan."
Customers in Ohio were highly active and
engaged shoppers. People in Ohio who switched issuers as
well as plans saved $61 per month, or nearly $735 annually
for the same level of coverage. Nationally, about 66
percent of people who changed plans also changed issuers,
and 31 percent of people who changed plans also changed
their metal level.
As with past years, the vast majority of
Marketplace customers signed up for coverage and received
tax credits. More than 8 in 10 individuals (10.5 million)
who selected or were automatically enrolled in a 2016 plan
nationwide qualify for a tax credit. In Ohio, the average
tax credit was $240 per month, or 59% percent of the gross
premium, and the average premium after tax credits was $164
per month. In Ohio 53% of customers had the option of
selecting a 2016 Marketplace plan with a premium of $75 or
less per month after tax credits.
More than ever, Marketplace customers are
engaged and satisfied with their coverage. About 60 percent
(2.4 million) of new enrollees in HealthCare.gov states
signed up for January 1 coverage compared to about 40
percent (1.9 million) of new enrollees last year. Instead of
waiting until the last moment, as we saw in previous years,
people signed up for coverage by the first deadline because
they wanted coverage to start as soon as possible.
Finally, this year, 3.5 million people ages
18 to 34 signed up for coverage nationwide. In
HealthCare.gov states, 2.7 million young people ages 18 to
34 signed up for 2016 coverage (28 percent of HealthCare.gov
state plan selections). However, among new enrollees, 33
percent (1.3 million) were ages 18 to 34. That’s higher
than last year when 31 percent of new customers (0.8
million) were ages 18 to 34 in HealthCare.gov states. The
overall percentage of plan selections for those ages remains
stable. |