Agents Were A Big Part of Covered California’s Success

 

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More than 3 million California consumers enrolled in health insurance plans or in Medi-Cal by April 15. That exceeds projections by more than 815,929. Certified insurance agents enrolled 39% of consumers; 41% of consumers self-enrolled through the Covered California website; and certified enrollment counselors and service center representatives each enrolled about 9%. (In case you missed it, The Los Angeles Times ran a big article about the success of agentshttp://www.latimes.com/business/la-fi-obamacare-agents-20140511-story.html#page=1).

Eighty-eight percent of those enrolled in Covered California plans are eligible for financial subsidies to help cover the cost of their health insurance premiums. Medi-Cal enrolled about 1.9 million people through the end of March, including 1.1 million through the Covered California portal and county offices, about 650,000 former Low Income Health Program (LIHP) members who were transitioned to Medi-Cal by DHCS, and 180,000 people who applied through the state’s Express Lane program.

Enrollment among Latinos and young people (18 to 34) had a strong finish. Additionally, Covered California more than doubled its base projection for Asian enrollment and has met the base projection for African-American enrollment. Lee said insurance companies are reporting that 85% of all enrollees have paid their first month’s premium. Latino enrollment now stands at 305,106 or 28% of the total enrollment. From the end of March to April 13, Latino enrollment increased at a rate of 30%, and has cleared the base projection of 265,000.

Enrollment of young adults 18 to 34 years old finished at 29% of the consumers who have selected a Covered California health insurance plan. This age group represents about 25% of the state’s population but approximately 36% of those who are eligible for subsidies. Also, about 36% of those newly enrolled in Medi-Cal are young adults 18 to 34 years old.

Fifty-eight percent of the subsidy-eligible consumers who enrolled in the exchange through April 15, signed up for a Silver plan, which is the second-least expensive plan of the four metal tiers.As many as 1,156 small businesses enrolled in Covered California’s Small Business Health Options Program (SHOP). Enrollment in SHOP is available year round. For more information, visit www.CoveredCA.com.

Last Updated 09/16/2020

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