Sara Kliff: The Best Study Done So Far Shows People With Obamacare Plans Like Their Plans
1) Most Obamacare enrollees like their coverage: The survey of Obamacare enrollees shows that about three-quarters (74 percent) rate their coverage as “excellent” or “good.” And 59 percent say that given what they’re paying, their plan is of “excellent” or “good” value. Here are five things we learned about Obamacare enrollees’ experience.
2) Obamacare enrollees are happy with doctor choice: When KFF drilled down further into what Obamacare enrollees do and don’t like about their plans, it found that most people were pretty happy with the choice of doctors — a somewhat surprising finding, given the fact that marketplace plans have relatively narrow networks.
A large majority of those who renewed an ACA-compliant plan this year say it was very or somewhat easy to renew, including three-quarters of those with Marketplace plans (77 percent). About half (52 percent) say they were automatically re-enrolled, while 46 percent say they took action to renew their plan. About seven in ten (69 percent) of those who renewed an ACA-compliant plan say they did not shop around before renewing. The most common reason for not shopping was that they were satisfied with their current plan (35 percent). Most (59 percent) of those who did shop for a plan this year (including those who purchased a new plan and those who shopped around but decided to renew a previous plan) say they had about the right number of plans to choose from.
A large majority of those in ACA-compliant plans, including three quarters (74 percent) of those with Marketplace coverage, rate their overall health insurance coverage as excellent or good. More than half also say their plan is an excellent or good value for what they pay for it. Similar to findings from the 2014 survey, most people with ACA-compliant plans say they are satisfied with various elements of their plans, including their choice of providers, copays, premiums, and deductibles. Among those with Marketplace coverage, at least seven in ten say they are “very” or “somewhat” satisfied with their plan’s choice of primary care providers (75 percent) and hospitals (75 percent), as well as their copays for doctor’s visits (73 percent) and prescriptions (70 percent). About two-thirds (64 percent) say they are satisfied with their choice of specialists
A report issued Wednesday says that the most recent official projections indicate that the U.S. will spend $2.5 TRILLION LESS on health care from 2014 until 2019 than had been originally estimated at the time the Affordable Care Act became law in 2010. That represents a nearly 11 percent decrease in projected spending, according to the report issued by the Urban Institute, with support from the Robert Wood Johnson Foundation.
Russ Britt: Obamacare Making Insurers More Responsive, Efficient: Study
A provision in Obamacare governing spending guidelines for health insurers essentially has forced carriers to become more efficient and responsive, a study released Wednesday finds. The joint study from the Urban Institute and the Robert Wood Johnson Foundation says minimum requirements in the Affordable Care Act that mandate how much insurers must spend on medical care resulted in savings of
$5 billion for consumers in 2011 and 2012, the first two full years after Obamacare was enacted in March 2010. For 2011 policies, insurers paid $1.1 billion in rebates. By 2012, insurers had adjusted premiums to comply with the new guidelines, though they still ended up paying more than $500 million in rebates. But that adjustment in premiums saved consumers an estimated $3.4 billion, Clemans-Cope says.