Don't forget 'unsubsidized' business owner

Thursday, December 28, 2017
 | 
Chris Woodward (OneNewsNow.com)

Sorry, we're closedThere has been a lot of talk about the latest enrollment numbers for ObamaCare but one analyst says don't forget about self-employed Americans.

According to the Centers for Medicare & Medicaid Services (CMS), 8.8 million people enrolled in 2018 Obamacare plans between November 1 and December 15.

That's down slightly from the previous year's enrollment period but it's still being viewed as a positive because the 2018 enrollment period was the shortest thus far.

"What hasn't been discussed is there's a world outside the exchanges – the rest of the individual market," says Ed Haislmaier of The Heritage Foundation. "And that is predominantly where people - or almost exclusively - where people who make too much money to qualify for a subsidy but need coverage, say self-employed people, go."

Haislmaier

The concern is that the subsidy pool is shrinking according to data from the previous year.

"So the missing piece here," says Haislmaier, "is what's going on outside of the market to the unsubsidized middle-class population. It looks like fewer of them are having coverage."

As for the 8.8 million people enrolled for 2018, Haislmaier says it's not that surprising.

"The indications had been from 2016 that the market was settling down, that the trends were flattening," he explains. "So I didn't expect either a significant increase or significant decrease over last year. And that's kind of what we got, a sort of flattening of the line about the same as where we were last year."

Comments

We moderate all reader comments, usually within 24 hours of posting (longer on weekends). Please limit your comment to 300 words or less and ensure it addresses the article - NOT another reader's comments. Comments that contain a link (URL), an inordinate number of words in ALL CAPS, rude remarks directed at other readers, or profanity/vulgarity will not be approved. More details

FEATURED PODCAST

SIGN UP FOR OUR DAILY NEWSBRIEF

SUBSCRIBE

VOTE IN OUR POLL

If I had to choose one thing I like about the just-passed 'pandemic relief' bill, it would be …

CAST YOUR VOTE

GET PUSH NOTIFICATIONS

SUBSCRIBE

LATEST AP HEADLINES

‘Choppy waters’ await Navy as virus strikes aircraft carrier
  In Iran, false belief a poison fights virus kills hundreds
Virus prevention measures turn violent in parts of Africa
US eyes new outbreaks as infections worldwide top 590,000
States impose new restrictions on travelers from New York
No games, big losses: Money crisis faces US Olympic sports
Trump seeks to force General Motors to produce ventilators

LATEST FROM THE WEB

Coronavirus kills one person every 17 minutes in New York
Video: Tony Perkins responds to New York Times op-ed that blames Christians for spread of coronavirus
National Rifle Association blasts L.A. County Sheriff's 'reckless decision' to close down gun shops
Trump defends trip to Va. to see off Navy hospital ship, says he won't be 'jumping around in a huddle'
Hillary Clinton makes joke out of coronavirus: Trump did promise 'America first'

CARTOON OF THE DAY

Cartoon of the Day
NEXT STORY
Pay raises coming...and slashed hours, too?

cash 100-dollar billEighteen states will see an increase in their minimum wages on January 1 but the message for workers is to hold back their excitement.