Massachusetts may hit their 2014 QHP total by tomorrow; plus, Medicaid hits 50K
The Daily Caller might be interested in the fact that while yes, the 2nd week numbers did drop substantially in both Massachusetts as well as HC.gov, as I expected, they've bounced right back up again in the third week (in MA, at least). In fact, if you look carefully you'll note that determinations are increasing a bit each day so far:
Anyway, using my 48.5% rule, I estimate that Massachusetts is up to roughly 28,200 QHP plan selections to date...or nearly 89% of their 2014 total. They seem to be averaging around 2,200 QHP selections per day.
That's right: It's conceivable that MA could hit their 2014 total (31,695 as of April 19th) by the end of business tomorrow. Assuming the "selected plans" percentage has gone higher than 48.5% this week, it's even conceivable that they'll hit it today.
Meanwhile, Medicaid enrollments are about to break the 50,000 mark as well.
UPDATE 7:38pm: OK, I didn't even see this until just now: The MA Health Connector has also issued a press release to accompany today's report, noting that total determinations (including MassHealth) have passed by the 100,000 milestone. The PR also includes another handy data point:
OSTON – Thursday, December 4, 2014 – The new Massachusetts Health Insurance Exchange (“MA HIX”) website has successfully determined 108,155 individuals eligible for Affordable Care Act (ACA) health insurance. Less than three weeks into Open Enrollment 2015, 49,928 have been enrolled in MassHealth coverage and 58,227 have been found eligible for Health Connector-sponsored plans.
Of the 58,227 who qualify for Health Connector insurance, 29,439 have already shopped and selected their health plans while 2,043 have paid their first bill, less than three weeks in advance of the Dec. 23 deadline to take action for Jan. 1, 2015 coverage.
There you go: I actually slightly underestimated how many of those determined eligible have already selected a plan. It's already starting to move up from 48.5%...29,439 QHPs / 58,227 = 50.5%.
This ratio will likely continue to slowly inch up from there over the next week or so, followed by a sudden spike upwards as all of the people who did the prep work over the past couple of weeks go back in and actually enroll.
29,439 / 31,695 = 93% of their 2014 total.
Meanwhile, the payment rate in MA now stands at about 7%, which I'm sure will put the GOP House Energy & Commerce Committee into a feeding frenzy :)