With health insurance through New York’s marketplace scheduled to start in 2014, thousands of policyholders have to change coverage while even more uninsured are signing up for new policies.
Facing a late influx of applications, the exchange pushed back enrollment deadlines twice, most recently to midnight Tuesday for policies effective Jan. 1. Unlike the federal marketplace operating in 36 states, New York established its own, which has had some, but fewer, software problems.
Meanwhile, about 100,000 New Yorkers are losing policies deemed noncompliant with the federal law that’s driving the effort, including sole business proprietors insured through their professional associations, or chambers of commerce.
By Tuesday, the state exchange reported 447,990 New Yorkers completed applications for individual or family coverage while 214,077 of them have enrolled for insurance. They included 156,549 signed up with the 16 nonprofit and commercial insurers in the marketplace, also called an exchange, and 57,528 in government-funded Medicaid.
“Activity of the NY State of Health site remains high, and we are very pleased to see that almost 26,000 New Yorkers, in the last day alone, have enrolled,” Donna Frescatore, exchange executive director, said Tuesday.
Open enrollments for coverage starting later next year are scheduled to continue through March 31.
The state, with about 2.7 million uninsured, has projected enrolling 1.1 million New Yorkers through the exchange and adding about 500,000 to Medicaid over the next three years.
With about 1 million New Yorkers who report being self-employed, the federal law requires sole proprietors to buy insurance as individuals. Thousands had insurance through professional associations that they are scheduled to lose next year.