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Previously insured dominated health exchange enrollment

While a significant number of uninsured Americans ended up signing up for insurance benefits through the federal and state marketplaces, the latest study by McKinsey & Company found the vast majority of enrollees were previously insured.

McKinsey was watching and examining the evolution of the individual health insurance market since the exchanges’ roll out, and its fifth survey, conducted after the marketplaces were closed last month, discovered 74 percent of those who enrolled in plans had been already insured. The company looked at a total representative sample of 9,533 people across all of the surveys, with April having 2,874 respondents. However, only 26 percent of those who signed up in April were previously uninsured.

April had the highest percentage of sign ups from previously uninsured Americans compared to the other surveys. More than 60 percent of those who enrolled in April were uninsured, while that number was only 44 percent in February. 

In addition, most people who purchased plans on the exchange have paid their first premiums.

According to Forbes, these findings indicate many people who had already had insurance were interested in using the exchanges. 

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Erin Woulfe
Erin Woulfe
Erin Woulfe likes to write about things that matter. Keeping her finger on the pulse of what’s happening in the public sector world, she blogs about the latest legislative news and employee benefit trends that affect our school, city and county clients. She’s been with NIS since 2002. “I love connecting to our clients and providing them with the tools they need in order to administrate their plan,” says Erin. “Whether that be materials to educate their employees on certain benefits, how to effectively communicate change within an organization or just providing tips and how-to’s to help them make their job easier.”

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