Sign-ups for 2020 Obamacare insurance on HealthCare.gov fall to 8.3
million: CMS
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[December 21, 2019]
(Reuters) - Enrollments for 2020
insurance plans, under the Affordable Care Act (ACA), on the
HealthCare.gov website fell by about 200,000 from last year to 8.3
million, the U.S. government said on Friday, citing preliminary data.
The data, as of Dec. 17, includes consumers who were granted an
extension because they were unable to complete the enrollment process on
Dec. 15, the initial deadline for open enrollment.
These numbers are preliminary and do not represent final 2020 Exchange
Open Enrollment figures, the Centers for Medicare & Medicaid Services
(CMS) said.
On Monday, the CMS extended the deadline for enrollment via the website
by three days to Dec. 18 after people faced technical issues during the
final hours of the enrollment deadline.
Over half a million consumers signed up on Sunday, the initial deadline
for open enrollment, according to the CMS.
Last year, 8.5 million people signed up for 2019 health plans, about 4%
lower than the preceding year.
"Through the first six weeks of open enrollment, the comparable daily
average number of plan selections was running 2.5% behind last year's
pace," Evercore ISI analyst Michael Newshel said in a note earlier this
week.
The CMS runs enrollment for insurance plans created by the ACA, often
referred to as Obamacare, through the online marketplace HealthCare.gov
for 38 states. Thirteen states, including District of Columbia, have
separate state-based exchanges for enrollment with their own deadlines.
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A man looks over the Affordable Care Act (commonly known as
Obamacare) signup page on the HealthCare.gov website in New York in
this October 2, 2013 photo illustration. REUTERS/Mike Segar
The Healthcare.gov platform accounts for 73% of national enrollment,
while state-based exchanges represent 24%, according to Newshel.
"Similar to prior years, many of these states are seeing better
growth than the federal platform," Newshel said on Monday, citing
reports from 8 of the 13 state-based exchanges.
The ACA, often considered the signature domestic achievement of
former President Barack Obama, faced fierce opposition from the
Trump administration that sought to overturn it in Congress and via
courts.
In October, the government said monthly premiums for an average 2020
Obamacare health insurance plan will fall by about 4% from this
year.
CMS plans to release an updated snapshot during the second week of
January with the final enrollment data.
(Reporting by Manojna Maddipatla in Bengaluru; Editing by Shinjini
Ganguli)
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