1. There are 12.7 million people signed up for coverage in the health insurance marketplace. However the actual number of people enrolled will likely be lower because people will terminate coverage or fail to pay premiums. Last year, 11.7 million people signed up on the exchanges and 8 million were signed up in 2014.
2. Around 46 percent of uninsured, non-elderly adults say they tried to gain coverage but were unable to because the coverage was too expensive. The reduction in the marketplace-eligible uninsured by poverty level was in 2013 to 2014 was:
• Less than 150 percent: 18 percent
• 150 percent to 200 percent: 33 percent
• 200 percent to 300 percent: 23 percent
• 300 percent to 400 percent: 14 percent
• More than 400 percent: 22 percent
The low income group qualifies for the biggest premium subsidies; however they usually pay something toward the premium.
3. There is an expected 1 million plan selection increase during the 2016 open enrollment, compared with 2.7 million in 2015. The 12.7 million signed up in 2016 so far is estimated to represent 46 percent of the potential market.
4. The enrollment growth is expected to grow among those who would otherwise be uninsured. That would increase the number of people with insurance. Many people gaining coverage who were excluded because of pre-existing conditions in the past obtained coverage in 2014, so increasing enrollment brings healthier people into the risk pool.
5. The continued growing marketplace would be more attractive to insurers in the future. The best-performing states include Florida, North Carolina and California, which have signed up 59 percent of the potential market place.
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