9.9 Million Consumers Have Health Insurance Marketplace Coverage

CMS recently released their snapshot of effectuated enrollment as of June 30, 2015. Here are some key findings from the report:

·         On June 30, 9.9 million consumers had effectuated Health Insurance Marketplace coverage.

·         84% were receiving an advanced premium tax credit (APTC) to make premiums more affordable.

·         The average APTC for those enrollees who qualified for the financial assistance was $270 per month.

·         1% enrolled in Catastrophic, 21% in Bronze, 68% in Silver, 7% in Gold, and 3% in Platinum plans.

·         7.2 million consumers enrolled through the 37 Federally-Facilitated Marketplaces.

·         The remaining 2.7 million enrolled through State-based Marketplaces.

Source: CMS, September 8, 2015