Record Numbers of Washingtonians Sign Up for Health Care Coverage During 2021 Special Enrollment Period
LATEST DATA SHOWS IMPACT OF AMERICAN RESCUE PLAN ACT SAVINGS. NEARLY HALF OF ALL CUSTOMERS PAY LESS THAN $100 PER MONTH.
Washington Health Benefit Exchange (Exchange) announced on Tuesday more than 57,000 Washingtonians signed up for health care coverage between February 15 and August 15 on the state’s insurance marketplace, Washington Healthplanfinder. The Exchange opened a Special Enrollment Period in February in response to the COVID-19 Public Health Emergency. This allowed any individual in Washington the opportunity to apply for coverage or compare and upgrade their existing insurance.
Every year, I spend months tracking every insurance carrier rate filing for the following year to determine just how much average insurance policy premiums on the individual market are projected to increase or decrease.
Carriers tendency to jump in and out of the market, repeatedly revise their requests, and the confusing blizzard of actual filing forms sometimes make it next to impossible to find the specific data I need. The actual data I need to compile my estimates are actually fairly simple, however. I really only need three pieces of information for each carrier:
How many effectuated enrollees they have enrolled in ACA-compliant individual market policies;
What their average projected premium rate change is for those enrollees (assuming 100% of them renew their existing policies, of course); and
Ideally, a breakout of the reasons behind those rate changes, since there's usually more than one.
Usually I begin this process in late April or early May, but this year I've been swamped with other spring/summer projects: My state-by-state Medicaid Enrollment project and my state/county-level COVID-19 vaccination rate project.
The Washington Health Benefit Exchange (Exchange) reports that tens of thousands of Washingtonians now pay less each month for healthcare coverage. Within two months of the American Rescue Plan Act (ARPA) becoming federal law, the Exchange passed on the expanded savings it made available to new and current customers on the state’s insurance marketplace, Washington Healthplanfinder.
“There has never been a better time to sign up for healthcare coverage in Washington,” said Pam MacEwan, Chief Executive Officer of the Exchange. “We’ve been hearing from people across the state who are saving hundreds or in some cases more than a thousand dollars per month.”
Tracy Roberts from Seattle posted to Facebook, “I just opened my bill for July and it’s $242 less than I presently pay . . . That’s incredible! Absolutely incredible and completely unexpected. Life will be a little easier for now.”
Today, Pam MacEwan, CEO of the Washington Health Benefit Exchange, issued the following statement regarding the Supreme Court (SCOTUS) upholding the Affordable Care Act (ACA):
“The Exchange is relieved to see the Supreme Court upheld the Affordable Care Act. Over 860,000 Washingtonians receive health care coverage through the ACA. The ACA is here to stay.
“Today Washington residents continue to benefit from the consumer protections that have been incorporated into both federal and state law which includes protections from annual and lifetime caps, excessive waiting periods, pre-existing condition exclusions, and discrimination based on gender, race, national origin or disability.
“The American Rescue Plan Act expanded the ACA allowing Washingtonians to save on the cost of their individual health insurance. The new act now makes it easier to get covered and stay covered, with the opportunity to take advantage of savings by signing up or switching plans by August 15, 2021.
I've once again relaunched my project from last fall to track Medicaid enrollment (both standard and expansion alike) on a monthly basis for every state dating back to the ACA being signed into law.
For the various enrollment data, I'm using data from Medicaid.gov's Medicaid Enrollment Data Collected Through MBES reports. Unfortunately, they've only published enrollment data through December 2020. In most states I've been able to get more recent enrollment data from state websites and other sources.
Now that I've developed a standardized format/layout & methodology for tracking both state- and county-level COVID vaccination levels by partisan lean (which can also be easily applied to other variables like education level, median income, population density, ethnicity, etc), I've started moving beyond my home state of Michigan.
Pam MacEwan, CEO Washington Health Benefit Exchange (Exchange), issued the following statement today after the signing of Cascade Care 2.0 into state law:
“Today’s signing of the Cascade Care 2.0 bill sets the stage to improve the quality, availability, and affordability of the health plans offered through Washington Healthplanfinder.
“This bill establishes a state premium assistance program that will benefit over 100,000 low-income Washingtonians struggling to pay for health insurance; increases statewide availability of the state’s first-in-nation public option program; and builds on the success of the high-quality Cascade Care standard plans – that have created average savings of $1,000 in out-of-pocket costs.
Washington Health Benefit Exchange Opens the Doors for Washingtonians to Benefit from Lower Health Care Premiums and Save Money Through the American Rescue Plan
More Than $250 Million in Tax Credits Available to Help Washingtonians Lower Health Insurance Costs
Health coverage purchased on Washington Healthplanfinder became much more affordable today as the Washington Health Benefit Exchange (Exchange) rolled out new savings to help Washingtonians with the cost of their individual health insurance.
Two months ago, I noted that the Washington state legislature had decided to beef up their quasi-Public Option law to make the PO plans (called "Cascade Select") more robust and less expensive:
Let's step back a moment: There's actually up to three types of policies being offered depending on the carrier:
Qualified Health Plans (QHPs)...these are the normal policies which comply with ACA regulations offered by most carriers.
Cascade (Standard)...these are QHPs which also follow another state law passed last year (see below), and
Cascade (Select)...these are Standardized QHPs which are also public option plans.
Here's the distinction between Cascade "standard" and Cascade "select":
Washington Healthplanfinder is extending special enrollment period for Washingtonians seeking health coverage through August 15, 2021
More Savings Coming to Washington Healthplanfinder Customers
Due to recent federal action bringing new savings opportunities to current and new individual health insurance market customers, Washington Healthplanfinder is extending the current special enrollment period from May 15 through August 15. This aligns with the recent federal announcement extending the special enrollment period for those using the federal marketplace. This special enrollment period allows currently uninsured individuals, and people both on and off the Exchange, the opportunity to benefit from these new savings.
