83% of TN Consumers Who Signed Up For Health Insurance Through Marketplace Get Financial Assistance, Lower Premiums

83 percent of Tennessee consumers who signed up for coverage through the Health Insurance Marketplace are getting financial assistance to lower monthly premiums.  As the Feb. 15 deadline approaches, HHS encourages consumers to enroll in a quality, affordable coverage through the Marketplace

As the Feb. 15 deadline to sign up approaches, HHS is encouraging Tennessee consumers to check out their options for quality affordable coverage through the Health Insurance Marketplace. As of Jan. 16, 184,486 Tennessee
consumers selected or were automatically re enrolled in Marketplace coverage.  According to a report with additional details released today by the U.S. Department of Health and Human Services, of the 184,486 consumers in Tennessee who selected or were automatically reenrolled in plans:

* 83 percent selected a plan with financial assistance
* 32 percent were under 35 years of age
* 59 percent reenrolled in a Marketplace plan and 41 percent selected
a plan for the first time.

“We’re pleased that in Tennessee, 184,486 people are signed up for Marketplace coverage, and 83 percent are able to lower their costs even further by getting tax credits, making a difference in the lives of so many families,” HHS Secretary Sylvia M. Burwell said. “The deadline to sign up for coverage is just a few weeks away. We are encouraging Tennessee
consumers to visit HealthCare.gov, call the call center or get in touch with a local assister to check out their options for quality, affordable coverage. We still have a lot of work to do before February 15, but are encouraged by the strong interest we’ve seen so far.”

Nationwide, 9.5 million consumers selected or were automatically reenrolled in quality, affordable health insurance coverage through the Marketplace through Jan 16. More than 7.1 million were in the 37 states, including Tennessee, using the HealthCare.gov platform and 2.4 million were in the 14 states (including Washington, D.C.) using their own Marketplace platforms.

Open Enrollment in the Marketplace runs from Nov. 15, 2014, through Feb. 15, 2015. Consumers should visit HealthCare.gov to review and compare health plan options. Find local help at: Localhelp.healthcare.gov/. Or call the
Federally-facilitated Marketplace Call Center at 1-800-318-2596. TTY users should call 1-855- 889-4325. Translation services are available. The call is free.

The information contained in this report provides the most systematic summary of enrollment-related activity in the Marketplaces to date. Data for the various metrics are counted using comparable definitions for data elements across states and Marketplace types.

To read the monthly enrollment report visit:
http://aspe.hhs.gov/health/reports/2015/MarketPlaceEnrollment/Jan2015/ib_201
5jan_enrollment.pdf

For a breakdown of plan selection data at the zip code level through Jan. 16
visit:
http://aspe.hhs.gov/health/reports/2015/MarketPlaceEnrollment/EnrollmentByZi
p/rpt_EnrollmentByZip.cfm