ACA health insurance enrollments growth already outpacing last year

ACA health insurance registrations exchange

There are already 600,000 people who have signed up for their plans through the official marketplaces. According to a recent reports on the latest ACA health insurance enrollments, registrations are up and look very promising. In fact, more than half a million people have already enrolled, 23 percent of whom are new to the insurance exchanges. Despite President Trump’s claims that the Affordable Care Act marketplace was collapsing, it’s growing. “More than 600,000 people signed up last week for health insurance under the Affordable Care Act, significantly beating the pace…

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Americans are shopping outside health insurance exchanges for coverage

Group Health Insurance Exchanges

Millions of people are buying health plans off the marketplaces to avoid massive rate hikes. As premiums are headed skyward at many health insurance exchanges, people are looking for alternatives. Many Americans have decided to stop shopping in those official markets. Instead, they are purchasing health plans through insurance companies off the exchanges. The purpose is to try to avoid being faced with the rate hikes that are often in the double digits. The Obama administration is working to reverse this trend. The goal is to make health insurance exchanges…

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State-run health insurance exchanges have crippling financial problems

Health Insurance Exchange

States running their own exchanges are having trouble funding themselves State-run health insurance exchanges are having difficulty managing high costs and low enrollment numbers. If such challenges persist, some states may decide to relinquish control of their exchanges to the federal government. Hawaii is one of the states that may soon cede control of its exchange. The state launched its own exchange with the aid of $205 million in federal grants, but it has failed to achieve its enrollment goals. Hawaii’s insurance exchange will rely on HealthCare.gov next year Hawaii’s…

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