delaware guide to health insurance

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Delaware health insurance exchange

19K enrolled in Delaware as of Jan. 9

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More than 19,000 Delaware residents signed up for a health plan between Nov. 15 and Jan. 9. With five more weeks of signups still to be reported, Delaware has already exceeded its 2014 enrollment total of 14,087.

The 2015 open enrollment period continues through Feb. 15. After that, only consumers who have a qualifying event, such as getting married or having a child, will be able to sign up for insurance.

If you aren’t covered in 2015, you may have to pay a penalty: $325 per adult/$162.50 per child or 2 percent of the household income, whichever is more. However, there are caps on the total amount and numerous exemptions. Use the calculator on healthinsurance.org to see if you’ll be penalized if you skip getting covered in 2015.

Plenty of help available from Choose Health Delaware

Delaware received a $600,000 federal grant to fund in-person assistance with 2015 enrollment. Choose Health Delaware has marketplace guides available at more than 70 locations throughout the state, including hospitals and other healthcare facilities, libraries, state service centers, schools and college campuses, community agencies and churches. The exchange website includes a locator tool to help consumers schedule an appointment with a marketplace guide.

2015 insurers and rates

Two divisions of Aetna and Highmark Blue Cross Blue Shield are selling individual policies through the exchange for 2015. Plans being sold by Aetna were marketed as Coventry plans in 2014; Coventry was acquired by Aetna in 2013.

A study released in December 2014 by The Commonwealth Fund shows just a 3 percent increase in average marketplace premiums for Delaware between 2014 and 2015. The weighted analysis looked at rates across all metal tiers and in urban/suburban/rural areas of most states.

The Commonwealth Fund study found wide variations across the country. Ten states are experiencing double-digit increases, while 14 states are seeing double-digit decreases. For the nation, average premiums increased 0 percent — an amazing turnaround from the 10 percent or greater annual increases seen in the years immediately preceding the implementation of the Affordable Care Act.

How many people signed up in 2014?

Delaware experienced a 7.2 point drop in its uninsured rate following the first open enrollment period, which was the third largest decrease recorded in a Gallup survey. The Gallup survey showed Delaware with an uninsured rate of 3.3 percent — the lowest in the nation. While state officials agree Delaware’s uninsured is moving in the right direction, they cautioned that the Gallup survey has a 5.5 point margin of error for states with small populations.

According to Choose Health Delaware, 23,612 state residents enrolled in private insurance or Medicaid between October 2013 and November 2014.

During 2014 open enrollment, 81 percent of those enrolling in QHPs were eligible for premium subsidies. Among those who qualified for subsidies the average post-subsidy monthly premium was $130. That’s the third-highest average among states using the federal marketplace.

Delaware’s SHOP exchange

Delaware businesses with 50 or fewer employees can shop for health insurance online through the SHOP exchange on HealthCare.gov. However, enrollment expectation for the SHOP are modest, and some technical glitches were still troubling the site several weeks after its national launch on Nov. 15, 2015.

Delaware is delaying the launch of “employee choice” on the SHOP exchange. Employee choice allows employees of small businesses that use the SHOP to select from a range of plans rather than being limited to a single plan selected by their employer. The federal government let states that use the federal marketplace choose if they want to implement employee choice for 2015. Delaware is one of 18 states that is delaying implementation of employee choice.

Delaware’s  marketplace approach

The state’s health insurance marketplace is branded as Choose Health Delaware, and it is operated in partnership with the federal government. Delaware is responsible for plan management and consumer assistance while the federal government handles all other functions.

Several states adopted a partnership exchange as an incremental step toward an eventual state-run exchange. However, Delaware is unlikely to go that route given its small population.

One alternative that may work for Delaware in the future is a regional exchange, whereby the state would partner with one or more other states. A regional partnership would spread administrative cost over a wider population and increase the size of the risk pool.

Delaware health insurance exchange links

Choose Health Delaware
800-318-2596

HealthCare.gov
800-318-2596

Health Benefit Exchange information
Exchange information from the Delaware Health Care Commission

Who Serves on the Delaware Health Care Commission?

State Exchange Profile: Delaware
The Henry J. Kaiser Family Foundation overview of Delaware’s progress toward creating a state health insurance exchange.