On Wednesday, Covered California officials announced that most residents who purchased a health plan through the exchange last year have renewed their coverage for 2015, KPCC's "KPCC News" reports.
Details of Renewals
About one million
Californians who bought private coverage during the Affordable Care
Act's first open enrollment period were eligible for renewal (Florido,
"KPCC News," KPCC, 1/28).
About 944,000 of those who were eligible to renew have done so -- representing a renewal rate of 92% (Covered California release, 1/28).
Officials
announced that about 576,000 consumers allowed their coverage to
automatically renew, while about 368,000 decided to shop for a new plan.
As of December 2014, about 54,000 enrollees had switched plans,
according to "KPCC News" ("KPCC News," KPCC, 1/28).
State data on the renewals show customer retention rates of:
- 99% for Kaiser Permanente;
- 94% for Anthem Blue Cross;
- 94% for Blue Shield of California; and
- 90% for Health Net.
Implications
Charles Bacchi,
CEO of the California Association of Health Plans, said, "[W]ith 90% of
enrollees sticking with their existing health plan, it is clear that
there is stability in the market and people are pleased with their
coverage" (Terhune, Los Angeles Times, 1/28).
Covered
California Executive Director Peter Lee added, "Consumers liked the plan
they were in, liked the providers they have access to and did not see
the need [to change coverage] -- even though one-third actively logged
onto the system and looked around" at other plans ("KPCC News," KPCC,
1/28).
http://www.californiahealthline.org/articles/2015/1/29/92-of-eligible-covered-california--enrollees-have-renewed-plans
No comments:
Post a Comment