Private Health Plan Enrollment Rises With New Exchanges

[Liz]

According to the WSJ, enrollment in private plans sold on the exchanges rose sharply in November.

Reportedly, roughly 258,000 people picked private plans in November, more than double the number in October, when the health insurance marketplaces opened.


New Health Exchanges Draw More Private-Plan Enrollees in November - WSJ.com

 

[houcoogster]

According to the WSJ, enrollment in private plans sold on the exchanges rose sharply in November.

Reportedly, roughly 258,000 people picked private plans in November, more than double the number in October, when the health insurance marketplaces opened.


New Health Exchanges Draw More Private-Plan Enrollees in November - WSJ.com

Well yeah.....anything is a sharp rise when you're starting at zero.

Bad numbers....how many months would it take to get to 7 million at this rate?

 

[unic.consulting]

Depends on which rate your talking about. If we're talking about it doubling each month, then March will hit 7 million total. If we're talking about stalling out at 250k, then we'd still make March...of 2016.

 

[Happy Texan]

If I understand the private exchanges, they are a convenient forum in which formerly self insured employers, can provide defined contribution health plans with "fully insured" insurers.
If correct, those employers are saying, in effect, we do not WANT TO BE IN THE INSURANCE BUSINESS ANYMORE.
IF CORRECT, THAT IS VERY SAD, FOR THERE ARE SOME INNOVATIVE WAYS FOR EMPLOYERS TO SELF FUND, WHICH THEY MAY NOT HAVE YET TRIED.
DON LEVIT