Showing posts with label enrollment numbers. Show all posts
Showing posts with label enrollment numbers. Show all posts

Monday, August 11, 2014

ObamaCare exchange enrollment numbers on the decline...

Some companies are down as much as 30%.

Via IBD:
Aetna's (NYSE:AET) ObamaCare exchange statistics should clear up any doubt as to why the Obama Administration has been tight-lipped about enrollment since celebrating 8 million sign-ups in mid-April.
Reality, evidence suggests, could require quite a come-down from those lofty claims.
The nation's third-largest health insurer had 720,000 people sign up for exchange coverage as of May 20, a spokesman confirmed to IBD. At the end of June, it had fewer than 600,000 paying customers. Aetna expects that to fall to "just over 500,000" by the end of the year.

That would leave Aetna's paid enrollment down as much as 30% from that May sign-up tally.
"I think we will see some attrition ... We're already seeing it. And we expect that to continue through the end of the year," CEO Mark Bertolini said in a July 29 conference call.

Read More Here...

Tuesday, March 11, 2014

Obamacare sign ups are slowing down...

Obamacare is faltering...
Weeks before the health care law’s exchanges launched Oct. 1, an HHS memo projected that 5.7 million individuals would enroll in a plan through one of Obamacare’s exchanges by the end of February. In reality, HHS said Tuesday, just 4.2 million Americans had signed up in the first five months.
HHS still hasn’t disclosed how many Americans who have signed up for a plan through the website have consistently paid their premiums, which is how enrollment is typically measured. Thus, HHS figures could overstate enrollment by around 20 percent to 25 percent. …
In January, 1,146,071 individuals signed up for insurance on the exchanges, according to HHS. In February, that number declined to 942,800.

Thursday, March 6, 2014

Fail: Only one in ten Obamacare marketplace sign ups was previously uninsured...

Democrats will be lucky if they are upside down on the number of people with private health insurance after Obamacare finally shakes out. There will be a few million more on free Medicaid. Democrats will call that a victory.


Health insurance marketplaces signing up few uninsured Americans, surveys say — WaPo
The new health insurance marketplaces appear to be making little headway so far in signing up Americans who lack health insurance, the Affordable Care Act’s central goal.
A pair of surveys released on Thursday suggest that just one in 10 uninsured people who qualify for private health plans through the new marketplace have signed up for one — and that about half of uninsured adults has looked for information on the online exchanges or plans to look.
Taken together, the snapshots shown by the surveys provide preliminary answers to what has been one of the biggest mysteries since HealthCare.gov and separate state marketplaces opened last fall: Are they attracting their prime audience?
One of the surveys, by the consulting firm McKinsey & Co., shows that, of people who had signed up for coverage through the marketplaces by last month, just one-fourth described themselves as having been without insurance for most of the past year.
The survey also attempted to gauge what has been another fuzzy matter: how many of the people actually have the insurance for which they signed up. Under federal rules, coverage begins only if someone has started to pay their monthly insurance premiums.
And, the survey show, that just over half of uninsured people said they had started to pay, compared with nearly nine in 10 of those signing up on the exchanges who said they were simply switching from one health plan to another.
Keep reading…

Thursday, February 27, 2014

Monday, January 13, 2014

Tweet of the Day: White House touts misleading low youth Obamacare sign-up numbers as a victory...

The actual number is 24% of under 35 signed up for private coverage according to Reuters, not 30%. I guess the White House threw in the total numbers including those who signed-up for free Medicaid. Those youth won't help defray the costs of the older sicker enrollees.


Tuesday, December 17, 2013

The Obamacare fail numbers...

The states are doing better than the federal system, but they still are failing miserably...

Via Jim Geraghty:
Check out that runaway Obamacare enrollment over on EnrollMaven.com!
In Arkansas, its up to 1,404! Well along the way to the state’s goal of 51,000 paid enrollees by the end of March.
In Delaware, it’s up to 793! The state’s goal is 35,000.
In New Hampshire, they hit 1,569. Getting close to that goal of 19,000!
In West Virginia, it’s up to 775! They’ll hit their goal of 24,000 in no time!
In Hawaii, all the way up to 444! That goal of 9,000 is in sight!
In Colorado they’re up to 9,980… with a goal of 92,000.
We can skip the scoffing over Oregon and Washington exchanges, as their ludicrously embarrassing failures have been extensively discussed. Oregon’s at 44, with a state goal of 237,000; Washington’s at 17,780… with a goal of 340,000.
Illinois, the president’s home state! Surely they’re ahead of the curve in getting folks enrolled and paid, right? They’re at 7,043… out of a goal of 143,000.
Even Kentucky, often cited as one of Obamacare’s shining success stories, is at 20,951… about 10 percent of the way to their goal of 220,000 enrolled.
Keep on reading…

Thursday, December 12, 2013

Only 5% to 15% of Obamacare applicants have actually paid...

The final number is expected to be 50%. So, you should divide those dismal numbers the administration is touting by 2.
“There is also a lot of worrying going on over people making payments,” industry consultant Robert Laszewski wrote in an email. “One client reports only 15% have paid so far. It is still too early to know for sure what this means but we should expect some enrollment slippage come the payment due date.”
Another consultant Kip Piper, agreed. “So far I’m hearing from health plans that around 5% and 10% of consumers who have made it through the data transfer gauntlet have paid first month’s premium and therefore truly enrolled,” he wrote me…
Blue Shield of California said it has sent out thousands of payment request letters…
While saying it is difficult to guess what will happen, Piper said he believes “a plan will be lucky if half of applicants pay first month’s premium on time for January coverage start but that perhaps three-quarters will pay in time for coverage start by February or March.”

Thursday, October 31, 2013

Fail: Only six people enrolled on the first day Obamacare website went live...

I'll bet they all got a big subsidy. No wonder the Obama administration wont tell us the enrollment numbers. 
(CBS News) WASHINGTON - For 31 days now, the Obama administration has been telling us that Americans by the millions are visiting the new health insurance website, despite all its problems.
But no one in the administration has been willing to tell us how many policies have been purchased, and this may be the reason: CBS News has learned enrollments got off to an incredibly slow start.
Early enrollment figures are contained in notes from twice-a-day "war room" meetings convened within the Centers for Medicare and Medicaid Services after the website failed on Oct. 1. They were turned over in response to a document request from the House Oversight Committee.
The website launched on a Tuesday. Publicly, the government said there were 4.7 million unique visits in the first 24 hours. But at a meeting Wednesday morning, the war room notes say "six enrollments have occurred so far.