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New Mckinsey Survey: 74% Of Obamacare Sign-ups Were Previously Insured - Forbes

McK enroll Apr 1 Thats a meaningful improvement from Februarys 14 percent figure , but its still low. McKinsey data consistent with feedback from insurers Earlier this week, representatives of the insurance industry testified before the House Energy and Commerce Committee regarding enrollment trends in the exchanges. Four of the five witnesses stated that more than 80 percent of their sign-ups had paid for coverage. Thats consistent with what McKinsey found, and also with my own discussions with insurers. Last week, the E&C Committee published a report indicating that only 67 percent of signer-uppers had paid; however, their data included in the denominator people who have yet to pay because their payments arent yet due. Bottom line: Exchanges are having modest impact on the uninsured Obamacare is beginning to expand coverage to the uninsured; however, its far from clear that the exchanges specifically are a primary engine.
For the original version including any supplementary images or video, visit http://www.forbes.com/sites/theapothecary/2014/05/10/new-mckinsey-survey-74-of-obamacare-sign-ups-were-previously-insured/

$474M for 4 failed Obamacare exchanges - Jennifer Haberkorn and Kyle Cheney - POLITICO.com

Medical equpiment and money are pictured. | Getty ( CARTOONS: Matt Wuerker on Obamacare ) Where has that funding left the four most troubled states? Nevada, for one, is still trying to figure out its future. Oregon has decided to switch to HealthCare.gov. Maryland wants to fix its own exchange, maybe by incorporating what worked in Connecticut. Massachusetts actually wants to do both build a new portal from scratch while planning a move to the federal exchange as a backup. Massachusetts dual-track approach could require more than $120 million on top of the $170 million it has already has been awarded.
For the original version including any supplementary images or video, visit http://www.politico.com/story/2014/05/obamacare-cost-failed-exchanges-106535.html

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