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Nearly 11M paid premiums for ACA exchanges at beginning of 2020, a slight increase
Fierce Healthcare July 24, 2020
Nearly 11 million consumers paid their first month’s premium on the Affordable Care Act’s insurance exchanges in early 2020, a slight increase from the same period in 2019.
The Centers for Medicare & Medicaid Services (CMS) reported Thursday that 10.7 million ACA customers paid their premiums as of March 15, a slight increase from the 10.6 million who paid through February 2019. The data include both state and federally run insurance exchanges.
“The report confirmed that for the third year in a row, enrollment has remained steady and the number of consumers who paid for coverage in February 2020 increased compared to February 2019,” the agency said in a release.
CMS also reported that the average total monthly premium for...
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