Who’s Enrolling in CT’s New Insurance Marketplace?

Data from Access Health, Connecticut’s health insurance marketplace, reveals new insight into exactly who’s signing up.  According to the data, 3,847 people have signed up for health care coverage, most of whom were between the ages of 55 and 64; most enrollees under 35 will get Medicaid coverage.  For those who signed up for private insurance plans, two-thirds went with Connecticut’s largest insurer, Anthem Blue Cross and Blue Shield.  Connecticut has chosen to develop and run its own marketplace known as a health insurance exchange while 36 states have exchanges that are run fully or partially by the federal government.

Connecticutians have until March 31st to sign up for insurance coverage in 2014, but others will need to sign up by December 15th if they want their coverage to start January 1st.  In order to avoid penalties for being uninsured, people must apply by February 15th.

Access Health offers insurance plans sold by private insurers but people can also use it to apply for coverage through the state’s Medicaid program.  It’s important to note that a lot of customers will be eligible for federal tax credits to discount their premiums.

The agreement reached yesterday to reopen the government included provisions to the new health law including requiring the exchanges to verify applicants’ eligibility for subsidies but Connecticut already requires this.

Click here to read more.

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One thought on “Who’s Enrolling in CT’s New Insurance Marketplace?

  1. Pingback: Monday Morning Recap | hmsabc

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