Wednesday, February 25, 2015

Brainwrap Reports Final ACA Figures

++Brainwrap or Charles Gaba was disappointed that HHS is not going to provide weekly updates through tax season.


++The final number for the 2015 season is 11.74 million. Over half the renewals were self-choices.
The 2015 numbers represent a 46% increase over 2014. Not too shabby.

++Ms. Burweil in his letter to the House said there is no Plan B if the Supreme Court rules against subsidies. This would be catastrophic for the health insurance market, leading to large premium increases, and life-threatening to those who would lose their healthcare insurance. The numbers would reach in the millions for those who lose their policies. Apparently the GOP doesn't care even though their base will get crushed. The biggest returns this year are in Florida and Texas.

++Health insurance observers are looking at problems areas for next year. If ACA looks like it is a going concern, they look at drop-offs in California and other states, which had the largest initial enrollments. But from these concerns, you still have the numbers for the plan as originally projected.

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