CMS Releases Data On Effectuated Enrollments, Plan Cancellations. The effectuated enrollment report shows that 10.3 million of the 12.2 million consumers who actively selected or were passively re-enrolled in a health plan for 2017 remained enrolled as of March 15, 2017. Of these, 8.7 million or 84 percent received premium tax credits (averaging $371.46) and 5.9 million, or 57 percent, received cost-sharing reduction payments. Enrollment averaged 10 million for 2017, with average monthly effectuated enrollment beginning 2016 in March at 10.8 million and declining to 9.1 million by December. The Trends report explores why consumers either cancelled coverage after they selected a plan but before they effectuated enrollment or terminated a plan after effectuating enrollment. The most common reasons for cancelling coverage before paying the first month’s premium were premium increases over the prior year or previous plan (20 percent) and ineligibility for financial assistance (17 percent). Consumers who did not receive premium tax credits were 2.4 times more likely to cancel or terminate their coverage between the close of open enrollment and April 25, 2017 (when the survey closed for this report) than those with APTC (31.9 percent vs. 13.1 percent respectively). (20.9 percent vs. 12.7 percent, respectively). In 2016, it declined 1.6 million, from 12.7 million plan selections and auto-enrollments to 11.1 million effectuated enrollments. Not surprisingly, the biggest reason for terminating coverage after paying the first month’s premium was gaining coverage elsewhere, which accounted for 49 percent of plan terminations.
Your mom literally knows everything. When it comes to life in general—and especially you—is there anything she can’t figure out? Like, she even can tell you’re lying when you said you called the student loan company back (just me?).
That’s exactly why she deserves a seriously top-notch gift this Mother’s Day, for all the wisdom she shares with you—plus the amazing, inspiring ways she’s helped you along the way. Not to mention the fact that she raised you (def worth a gift from Tory Sport at the very least).