Health industry officials say ObamaCare-related premiums will double in some parts of the country, countering claims recently made by the administration.
The expected rate hikes will be announced in the coming months amid an intense election year, when control of the Senate is up for grabs. The sticker shock would likely bolster the GOP’s prospects in November and hamper ObamaCare insurance enrollment efforts in 2015.
...The insurance official, who hails from a populous swing state, said his company expects to triple its rates next year on the ObamaCare exchange.
Because Ed Lyons is the same guy who wrote The Health Connector Autopsy Report, which documented everything that went wrong with the MA ACA exchange project, from before the beginning until after the end. I mean, everything.
All 31,000 words of it.
It's difficult to get across just how in-depth, comprehensive or well-researched/documented that report is. It's also important to understand that a) to the best of my knowledge, like myself, Mr. Lyons didn't do it for money or for fun; it was something of an obsession for him. It should also be noted that Mr. Lyons is a Republican.
Lots of people have spent today saying stuff like this:
OK, the numbers have barely moved, and technically this update is missing 3 days (it only runs through 11/11 instead of 11/14), but MNsure has been the only exchange, federal or state, which has provided an almost odometer-like frequency of off-exchange updates.
Yes, of course it's blank. As you can see, I'm doing things a bit differently this time around: I'm presenting the full enrollment period all at once (doable since it's only 3 months instead of 6), and I'm including the official "targets" from HHS, CBO and myself on the right side.
Underneath, just for posterity, I've posted the final version of the 2014 Graph.
55% of Americans who currently lack insurance say they plan to sign up for coverage while 35% of the uninsured say they will not get insurance and instead pay the fine as required by the Affordable Care Act, also known as "Obamacare."
Regular readers know that the current QHP enrollment tally for the ACA, which started at around 7.1 million on May 1st (around 900K of the 8.02 million who enrolled through 4/19 never paid their first month's premium), gradually increased over the summer to a peak of around 7.3 million as of August 15th before dropping back again into autumn...right back down to around 7.1 million again as of October 15th.
At the time, ACA critics Megan McArdle and Bob Laszewski were speculating that there would likely be a substantial drop-off after the August peak due to the "3 month grace period" factor: That is, under the ACA, insurance companies aren't allowed to kick people off of their policies for non-payment of their premiums until after that payment is at least 3 months past-due. Their reasoning was that a whole bunch of people had enrolled in the spring, made a single payment but then blew it off for the rest of the summer, mooching 4 months worth of healthcare coverage for the price of one before getting kicked to the curb.
I thought it was an interesting theory which would have at least explained why the 7.3M figure was abruptly given out after months of radio silence from HHS. All year I've only found a single data point about the "3 month grace period" item: Arkansas, which reported only having 2.1% of their enrollees in that status a month or so ago. Still, 2.1% out of 7.3 million is 146,000 people, so it could have been substantial.
The Vermont Health Connect website went down Monday night and will remain offline for several weeks to allow for improvements to the user experience and data security, state officials said Tuesday.
Customers who need to report changes in income or make changes to their coverage or personal information will need to contact the customer service call center.
Gov. Peter Shumlin is “hopeful” that Vermont’s health care exchange website will be online in time for the open enrollment period that begins Nov. 15. But he didn’t sound certain Friday that his team will make the deadline.
“I’ve been discouraged so many times by this website that I’ll believe it when I see it,” Shumlin said on Vermont Edition Friday. “What I’ve been told by my folks who are working really hard on this is that we’ll be ready for open enrollment on Nov. 15.”
