Effectuated ACA Exchange Enrollment Rises Slightly in Early 2020

An average of 10.7 million Affordable Care Act exchange enrollees had effectuated their health coverage — signed up for a plan and paid the first month’s premium — as of March 15, 2020, a 0.9% increase compared with the same period in 2019, according to CMS. The report showed that the average monthly premium per enrollee in February 2020 was $576.16, down 3.0% compared with the February 2019 average premium of $594.17. Colorado saw the biggest decrease, with its average premium dropping from $648.20 in 2019 to $481.52 in 2020. Meanwhile, the average monthly amount of advance premium tax credits (APTC) per eligible enrollee fell 4.0% year over year to $491.53.

0 Comments
© 2023 MMIT
Jinghong Chen

Jinghong Chen Reporter

Jinghong produces infographics and data stories on health insurance and specialty pharmacy for AIS Health. She graduated from Missouri School of Journalism with a focus on data journalism and international reporting. Before joining AIS in 2018, she worked at WBEZ, Al Jazeera English and The New York Times Chinese.

Related Posts

doctor-holding-patient-hands
June 2

As COVID-Related Policies Expire, Health Coverage May Reshuffle

READ MORE
medicaid-application
June 2

CMS Tells States to Slow Down Medicaid Disenrollment as Florida, Arkansas Reports Raise Alarm

READ MORE
medical-billing
June 2

Stymied in Bid to Expand Site-Neutral Pay Policies, Payers Support Transparent Billing

READ MORE

GAIN THERAPEUTIC AREA-SPECIFIC INTEL TO DRIVE ACCESS FOR YOUR BRAND

Sign up for publications to get unmatched business intelligence delivered to your inbox.

subscribe today