Healthcare Business News

Regional News/Northeast: New York surpasses goal for private health plan signups

By Paul Demko
Posted: February 15, 2014 - 12:01 am ET

More than 250,000 New Yorkers have signed up for private health plans through the state's insurance exchange. That easily surpasses the goal of insuring 218,000 by the end of the open enrollment period on March 31 as outlined in a September memo from the CMS .

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In total, more than 400,000 residents have obtained coverage since New York State of Health opened for business on Oct. 1, 2013. That includes roughly 160,000 individuals who were determined to be eligible for Medicaid.

About two-thirds of those who signed up for coverage through New York’s exchange—whether Medicaid or a commercial plan—were uninsured at the time they filed an application. That’s a far higher ratio than most estimates nationwide.

Follow Paul Demko on Twitter: @MHPDemko

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