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Open enrollment 2018: Plan selections down slightly


 

About 11.8 million Americans selected or were automatically reenrolled in plans on the health insurance exchanges during the 2018 open enrollment, the Centers for Medicare & Medicaid Services reported.

That’s a drop of 3.3%, compared with the 12.2 million enrollees for 2017, and a drop of 7.1% from the peak year of 2016, according to the 2018 open enrollment final report.

Plans selected on exchanges during open enrollment
The total for 2018 includes 8.7 million consumers in the 39 states that use the HealthCare.gov platform and about 3 million consumers in the 11 states and the District of Columbia that operate their own marketplaces. Of those 11.8 million consumers, about 27% were new enrollees, 47% were active reenrollees, and 24% were automatic reenrollees, according to CMS.

For 2018, the average premium before application of the premium tax credit was $621 in the HealthCare.gov states, which is an increase of 30% from the $476 average for 2017. After the tax credit, the average premium for 2018 was $153.

“Our primary goal this year was to ensure that Americans who wanted coverage through the exchange had a seamless experience,” CMS Administrator Seema Verma said in a statement. “We are pleased that consumer satisfaction was the highest it’s ever been during the 2018 open enrollment period.”

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