Governor Andrew M. Cuomo today announced that the New York State of Health (NYSOH) Marketplace has enrolled more than two million New Yorkers in affordable health insurance coverage. This is the latest record enrollment for New York’s health exchange, and 89 percent of enrollees have reported that they had no coverage at the time they joined the Marketplace. New Yorkers who have enrolled in coverage through the Marketplace have overwhelmingly reported that they are satisfied with their health insurance (92 percent) and are using their coverage to access care (84 percent).
“Today, more than two million New Yorkers have access to quality, affordable healthcare due to the successful implementation of the New York State of Health Marketplace,” Governor Cuomo said. “This is a tremendous milestone for the State’s health exchange, and one that represents another important step toward ensuring that New York is a healthier state for all. These numbers are a testament to our progress in helping those without coverage find a plan that works for them – and I encourage all other people who are thinking about enrolling to do so before the upcoming deadline.”
“Thanks to the hard work and strong commitment of NY State of Health staff and our partners, the NYSOH Marketplace has reached a new high point,” said NYSOH Executive Director Donna Frescatore. “With the open enrollment deadline right around the corner on February 15, we will be out in full force to ensure that families and individuals in all corners of the state know what’s available.”
This year’s open enrollment began on November 15, 2014 and runs through February 15. Individuals who do not enroll on or before February 15 will have to wait until 2016 for coverage to begin unless they meet very limited requirements. Under federal law, individuals who are uninsured may be required to pay a federal tax penalty which will increase in 2015.
New tools that were developed to make it easier for customers to understand their health insurance options and the enrollment process continue to be well received by consumers. The NYSOH’s website plan preview, or anonymous shopping tool, which allows individuals to shop for a health plan before starting an application, was used more than 2.6 million times during this period. Additionally, the NYSOH Customer Service Center has answered more than 945,134 calls since the start of open enrollment.
Given that past research has shown many individuals lacking insurance are unaware of the enrollment period and unaware that they may be eligible for financial assistance, NYSOH has continued to expand its outreach efforts to ensure that every New Yorker knows that affordable health care options are available. Nearly three-quarters of those who enrolled in private coverage in 2014 were eligible for tax credits to lower the cost of their coverage.
To help educate consumers, NYSOH has created a series of brief informational videos, in English and Spanish languages, with the latest explaining the value of having health insurance coverage and some targeted toward millennials. NYSOH’s video library can be found at info.nystateofhealth.ny.gov/resources.
Latest enrollment breakdown:
Total cumulative enrollment: 2,004,827
Total Medicaid enrollment: 1,491,859
Total private coverage: 512,968
Total new 2015 enrollment: 429,972
Total new 2015 Medicaid enrollment: 297,423
Total new private coverage: 132,549
Renewal rate in private coverage: 85 percent
About the NY State of Health Marketplace
New York opened its Health Plan marketplace, NY State of Health, on October 2013. The Marketplace’s one stop health insurance shopping experience offers high quality comprehensive plans for consumers to choose from. NY State of Health is the only place where consumers can qualify to get help paying for coverage through premium discounts or tax credits. February 15, 2015 is the last day to enroll in a Qualified Health Plan for 2015. The NY State of Health Small Business Marketplace for employers with 50 or fewer employees is open to enrollment throughout the year. New Yorkers can also enroll in public health insurance programs through the Marketplace all year. For more information about the NY State of Health marketplace, please visit nystateofhealth.ny.gov or call Customer Service at 1-855-355-5777.