(Credit: Centers for Medicare and Medicaid Services)
The Affordable Care Act (ACA) public exchange system ended up with about as many individual and family major medical insurance signups for 2020 as it had for 2019.
Charles Gaba has compiled preliminary data on the latest signup totals for his ACASignups.net tracking blog.
The total number of signups fell to 11.42 million for 2020, from 11.44 million for 2019, according to Gaba.
|ACA public exchange basics
The ACA public exchange system provides a kind of web-based shop for health insurance.
Some states run their own ACA public exchange programs.
The U.S. Department of Health and Human Services (HHS) provides ACA exchange services for residents of other states through HealthCare.gov.
HHS reports public exchange activity in terms of signups, rather than sales, because consumers who sign up for coverage must send in payments to effectuate the coverage. HHS and many states report on signups too quickly to have complete data on how many of the people who signed up for coverage sent in payments.
|The gorilla states
Although the total number of ACA public exchange signups was down 0.2 percent this year, some states had better results than others.
Mississippi showed the biggest signup growth, and Virginia reported the biggest signup drop.
The number of signups increased 12 percent in Mississippi, to 98,892, and fell 18 percent in Virginia, to 269,474.
The 2020 signup numbers for the states with the most public exchange users in 2019 suggest that, in those states, success is breeding success.
The five states that had more than 400,000 ACA exchange signups for 2019 all produced more signups for 2020.
Here are how those five states did:
- Florida (HealthCare.gov): 1.9 million (up 7.3 percent)
- California (state-based): 1.5 million (up 1.6 percent)
- Texas (HealthCare.gov): 1.1 million (up 2.7 percent)
- North Carolina (HealthCare.gov): 505,275 (up 0.8 percent)
- Georgia (HealthCare.gov): 463,910 (up 1.2 percent)
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
