ACA Times: ACA Marketplace Continues to Stabilize in 2020

“The 2020 open enrollment results for individuals enrolling through the Healthcare.gov platform are in, and the results indicate a strong and stabilizing health care system.”

“A report by the Centers for Medicare & Medicaid Services (CMS) shows that 8.3 million people selected a new plan or auto-enrolled into a healthcare plan through the Healthcare.gov platform. These numbers are slightly down from 2019’s 8.4 million but the consistency demonstrates the marketplace’s stability.”

“A possible reason for the dip could be states transitioning from the federal marketplace to their own statewide health exchange. In 2020, 13 states will fully administer a statewide health exchange through their own platform…”

“Interestingly enough, the number of new consumers enrolling in coverage through the federal health exchange was up from 2019. Over 2 million new individuals signed up for coverage through the federal health exchange.”

“Final figures for 2020, including individual state enrollment data, will be reported in March, including enrollment from state exchanges not using the Healthcare.gov platform…” Read the full article here.

Source: ACA Marketplace Continues to Stabilize in 2020 – By Robert Sheen, February 11, 2020. ACA Times.

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