Just a couple of quick thoughts on December enrollment figures as HHS has released their detailed data dump. The New York Times has some nice graphics and breakdowns:
- Pace is about 70% of projection
- People are buying decent to good coverage. 1% Catastrophic, 20% Bronze, 60% Silver
- Lots of subsidies, so the right audience is getting online
- As good or better age mix compared to Massachusetts at similar points
This is part of an e-mail I got from a cousin who makes in the high teens to low twenties right now:
I did get through the process, but the premiums were much higher than I anticipated, so i decided to hold off and get enrolled for the March deadline. My catastrophe policy can carry me through a few more months while I finish paying off the new transmission I had to buy in July (ouch!). Without those payments, though, I should be able to swing the insurance premiums.
Higher than anticipated for her zip code, age and silver cost sharing assistance plan was $84 per month after subsidy. Her catastrophic plan is $54 a month for a $10,000 deductible.
The Massachusetts experience was that the reasonably young, healthy and flat broke waited until they absolutely had to until they committed. My cousin fits into all of those categories.