Even with the uncertainty concerning the future of Affordable Care Act (ACA), the reduction in enrollment was limited to only 4.5 percent. Agent registrations dropped by only 30 percent. According to Centers for Medicare and Medicaid Services, the open enrollment period saw 8.8 million individuals when it came to medical insurance for every individual. The period of open enrollment for 2017 coverage began November 1, 2016 and ended on January 31,2017. For 2018 coverage, it began on November 1, 2017 and ended on December 15, 2017.
The HealthCare. Gov website was set up by US Department of Health and Human Services to offer ACA exchange services. These are given to states which were not able or unwilling to offer exchange services for the residents of their states. The system now offers exchange services for people resident in 39 states. The small shortfall is to be noted as a number of experts gave the prediction of lower sign up rates for 2018 compared to 2017. This will be due to the much shorter open enrollment period laid down by HealthCare. Gov. It did not help matters that the insurers have also changed their offerings.
The number of brokers and agents interested in providing coverage for HealthCare. Gov indicated the shape of things to come. The start of the latest enrollment period saw the registered producers' count drop by 30 percent compared to the 2017 open enrollment period coverage. The HealthCare. Gov did not release any figures related to producer production. The public data does not clearly illustrate whether producers who registered for open enrollment period were actually more active or even less active.
State-based exchanges like Colorado periodically publishes figures related to producer production. The median exchange plan volume linked with producers still linked with exchange system seems to be higher in 2017 compared to 2016. According to Charles Gaba of the ACASignups, among the 12 remaining state-centric exchange programs, they have received 2018 plan selection information for about 2.8 million individuals. This suggests that the exchange system of the ACA will cover about 11.6 million individuals within 2018. The outgoing 2017 has seen the exchange system administering the exchange accounts of approximately 12 million individuals. Growth in enrollment at state-centric exchanges may push the figures to about 13 million when considered all over the United States. It seems HealthCare. Gov continues to go strong.