Insurance sign-ups skew older, spurring cost concerns

Published on January 15, 2014 at 12:12 AM · No Comments

Halfway through the six-month enrollment period for private insurance under the health care law, just one in four adult enrollees are between ages 18 and 34, the crucial demographic group whose participation rates are key to keeping monthly premiums affordable. Administration officials say they are confident that a greater proportion of young people will enroll by the end of March.

The New York Times: Older Pool of Health Care Enrollees Stirs Fears on Costs
People signing up for health insurance through the Affordable Care Act's federal and state marketplaces tend to be older and potentially less healthy, officials said Monday, a demographic mix that could threaten the law's economic underpinnings and cause premiums to rise in the future if the pattern persists (Shear and Pear, 1/13). 

Los Angeles Times: More Than 2.1 Million Sign Up For Obamacare Health Coverage
More than 2.1 million Americans signed up for health insurance in the last three months of 2013 through new online marketplaces created by President Obama's healthcare law as a December surge in enrollment helped the initiative recover from its disastrous launch. But the enrollment numbers -; released in a government report Monday -; lagged behind the Obama administration's target of 3.3 million sign-ups by the end of December (Levey, 1/14). 

Kaiser Health News: Nearly A Quarter Of Health Marketplace Enrollees Are Young Adults
Nearly a quarter of the 2.2 million people who have enrolled in health coverage in the health law's insurance marketplaces are young adults -; the population that's hardest to reach and yet most vital for the financial stability of the new exchanges, the Obama administration announced Monday (Galewitz, 1/13).

The Washington Post: Health-Insurance Sign-Ups By Young Adults Are Off Pace Seen As Key To New Law's Success
Young adults account for slightly less than one-fourth of the Americans who signed up for health plans during the initial three months of federal and state insurance marketplaces -; fewer so far than the government has said will be needed to make the economics of the new exchanges work. The figures, part of a monthly progress report on the marketplaces that was issued Monday, offer the first glimpse into whether the health plans available under the Affordable Care Act are becoming provinces of the old and sick or are managing to attract young, healthy people who have not previously considered insurance worthwhile (Goldstein and Somashkehar, 1/13). 

The Wall Street Journal: Health Sign-Ups Skew Older, Raising Fears Over Costs
One-third of health plan enrollees in new insurance marketplaces are 55 or older, the Obama administration said Monday, a figure that insurers said makes the pool older than they would need to sustain their coverage at current premiums. Administration officials said they are pushing to enroll more young people before a March 31 deadline for most people to get coverage for this year, and some cushions built into the law mean it won't necessarily face trouble right away even if the 2014 pool of enrollees skews older (Radnofsky and Weaver, 1/13).

The Associated Press: Health Care Signups: More Older Americans So Far
Younger people went for President Barack Obama at election time, but will they buy his health insurance? New government figures show it's an older, costlier crowd that's signing up so far for health insurance under Obama's health care law. Enrollments are lower for the healthy, younger Americans who will be needed to keep premiums from rising (Alonso-Zaldivar, 1/14).

USA Today: Most Insurance Enrollees Older Than 45, Records Show
More than half of the almost 2.2 million people who bought health insurance on federal and state exchanges in the past three months are older than 45, records released Monday show. If that trend holds, it could skew the health insurance market as older policyholders that use more health care are not balanced by younger policyholders who tend to use less health care. In effect, the younger policyholders subsidize older ones (Kennedy, 1/13).

Politico: Young Adults Make Up One-Fourth Of Obamacare Enrollees
Just under a quarter of Obamacare sign-ups so far have been in the critical 18-to-35-year-old age range, the Obama administration revealed Monday, the first time officials have given demographic data about health plan enrollees. The administration had set a goal of around 38 percent to 40 percent of the enrollees in that age bracket by the time the sign-up season ends March 31 (Cheney and Millman, 1/14).

CBS News: Obamacare Sign-Ups Among Young Adults Off To Slow Start
About one-quarter of those who signed up for Obamacare by the end of 2013 were between the ages of 18 and 34, the Obama administration reported Monday, falling below what experts have called the ideal proportion of young adults in the new health insurance marketplace. However, administration officials said they are comfortable with the proportion of young enrollees so far, and they expect Obamacare enrollment in the key demographic group to accelerate in the second half of the six-month open enrollment period (Condon, 1/13).

Fox News: Insurers Raise Cost Concerns After ObamaCare Demographic Data Released
Insurers have raised concerns that too few young people are signing up for health insurance through the ObamaCare exchanges after newly released statistics showed that less than a quarter of people who have enrolled are between the ages of 18 and 34 (1/14).

Read in | English | Español | Français | Deutsch | Português | Italiano | 日本語 | 한국어 | 简体中文 | 繁體中文 | Nederlands | Русский | Svenska | Polski
Comments
The opinions expressed here are the views of the writer and do not necessarily reflect the views and opinions of News-Medical.Net.
Post a new comment
Post