Wednesday, July 2, 2014

Enrollment in Employment-based Health Plans is Declining About 7 Times Faster Than Government Projections

  • Enrollment in employment-based health plans is declining faster than Congressional Budget Office analysts thought it would.
  • CBO analysts predicted the number of people in group health plans would fall just 0.3 percent, or 500,000, this year. 
  • Actual group plan enrollment may have fallen 2 percent, to 177 million in the first quarter of 2014, from 180 million a year earlier.
  • Enrollment in ASO group plans rose 1 percent, to 119 million, but enrollment in insured group plans fell 6.5 percent, to about 57 million.
  • The number of people with individual or family medical coverage increased about 16 percent, to 14.5 million.
  • The increase in individual commercial health insurance enrollment has been smaller than the drop in commercial group health enrollment, and total enrollment in commercial plans has fallen about 1 percent.