Health Insurance Exchanges by the Numbers

Health Insurance Exchanges BY THE NUMBERS The Federal Government's health insurance exchange at Healthcare.gov has been plagued with technical and usability problems. But recent reports indicate that the state- run exchanges have problems of their own. Here are some facts about the health insurance exchanges. LAGGING ENROLLMENT PROBLEMS IN THE CAPITOL OF PEOPLE ELIGIBLE 3% IN WASHINGTON, D. C. TO SIGN UP ON STATE-RUN EXCHANGES ONLY 300 HAVE DONE SO RESIDENTS HAVE SIGNED UP INSURERS OPTING OUT INSURERS FLEEING SOME MARKETS 1 OUT OF 3 23 INSURERS IN CUSTOMERS WILL FACE A MATERIAL DECLINE IN THE NUMBER OF COMPETITORS OPTED OUT OF PARTICIPATING IN THE EXCHANGES STATES A SOFT LABOR MARKET OF EMPLOYEES WOULD STAY EMPLOYEES VALUE HEALTH INSURANCE 85% ...ALTHOUGH AT THEIR JOBS IF THEIR 60% EMPLOYER STOPPED OFFERING HEALTH INSURANCE BENEFITS... WOULD EXPECT HIGHER SALARIES TO COMPENSATE “Now, ultimately, this website, healthcare.gov, will be the easiest way to shop for and buy these new plans, because you can see all these plans right next to each other and compare prices and see what kind of coverage it provides. But, look, there's no denying it, right now, the website is too slow, too many people have gotten stuck. And I am not happy about it. And neither are a lot of Americans who need health care, and they're trying to figure out how they can sign up as quickly as possible. So there's no excuse for it. And I take full responsibility for making sure it gets fixed ASAP. We are working overtime to improve it every day." – President Barack Obama "That climate of negativity is adversely affecting enrollment" – Dan Mendelson, chief executive of Avalere SOURCES: http://www.nbcnews.com/health/dont-expect-big-enrollment- numbers-health-insurance-exchanges-2D11577708 http://blogs.marketwatch.com/health- exchange/2013/11/11/early-numbers-show-3-enrollment-in- obamacare-among-12-exchanges/ http://www.usatoday.com/story/news/nation/2013/10/20/1 ittle-competition-insurers-some-states-obamacare- plans/2986795/ http://www.mckinsey.com/insights/health_systems_and_ser vices/how_us_health_care_reform_will_affect_employee_ben efits