Among other things I’m still messing around trying to get a cheaper health insurance policy through the New York exchange. In December I gave up and paid my old premium for January. (I did finally get a notice from New York about my eligibility, dated December 26, advising me to be sure and sign up by December 23.)
Since I do qualify for a subsidy, there are four or five plans that would save me considerable money on premiums, and I’ve calculated I would still come out ahead even if I end up paying all of the deductible. And if I don’t need much medical care this year I could come out way ahead. Only one of them lists my doctor as a provider, though, and I just need to get hold of someone at my doctor’s office to confirm they are in that network. And no one’s ever there when I call. It’s always something. I’ve got to sign up by tomorrow, I understand, to be covered in February.
There’s still a lot of bitching and moaning about Obamacare in the headlines. Jonathan Cohn writes that the actual enrollment data isn’t that bad.
The long-awaited breakdown on the age of young enrollees (defined as under 34) came in at 24%, not catastrophic but well below the target of 40%. But as Cohn points out, the Massachusetts precedent showed that young-uns tend to enroll in this kind of scheme quite late, so let’s wait a while before panicking over the age mix.
Cohn also notes that about 79% of enrollees are qualifying for premium tax credits, a.k.a. purchasing subsidies, which is very much in line with CBO predictions.
The real news to me in his post is which of the coverage levels is proving to be most popular. For 60% of enrollees, it’s the “silver plans,” which are distinguished by protection from really large out-of-pocket costs. Health reforms of all varieties should take notice of that (particularly conservatives who think shifting more health purchasing from insurance to self-payment is the key to controlling costs).
The silver plans are the ones you can get with a subsidy, so that’s probably accounts for a lot of their popularity.