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Infographic: No time to slow down: Looking ahead to 2015 HIX open enrollment

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The 2014 health insurance exchange (HIX) open enrollment season is now over, and the first round of results are in. Initial estimates as of April 19, 2014, suggest that more than 8 million individuals are now enrolled in health insurance coverage through the federally-facilitated or state-based HIXs. The latest report from the U.S. Department of Health and Human Services (HHS) gives a snapshot of these 8 million individuals, highlighting the age and gender of the individuals as well as their plan level and financial assistance selections. What the numbers don’t say, however, is becoming a greater focus for stakeholders in the health care industry. This infographic gives a view into the latest enrollment figures from HHS and highlights uncertainties the industry could face as stakeholders begin placing bets for 2015 HIX open enrollment and beyond.

For more, visit http://blogs.deloitte.com/centerforhealthsolutions/2014/05/infographic-no-time-to-slow-down-looking-ahead-to-2015-hix-open-enrollment.html

Infographic: No time to slow down: Looking ahead to 2015 HIX open enrollment

  1. 1. 54% 46% HIX PLAN SELECTION BY GENDER 65% SILVER PLAN of persons who have selected a HIX plan selected one with financial assistance 85% HIX PLAN SELECTION BY FINANCIAL ASSISTANCE Follow @DeloitteHealth #HIXplans 20% BRONZE PLAN9% GOLD PLAN 5% PLATINUM PLAN 2% CATASTROPHIC PLAN No time to slow down: Looking ahead to 2015 HIX open enrollment TOTAL number of eligible persons who have selected a plan through the state-based and federally-facilitated HIXs State-based HIX enrollees 2,573,585 Federally-facilitated HIX enrollees 5,446,178 STATE AND FEDERAL NUMBERS HIX PLAN SELECTION by METAL LEVEL As used in this document, “Deloitte” means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting. Copyright ©2014 Deloitte Development LLC. All rights reserved. Member of Deloitte Touche Tohmatsu Limited Deloitte Center for Health Solutions 6% Age <18 11% Age 18–25 17% Age 26–34 HIX PLAN SELECTION BY AGE OF ENROLLEES ARE AGE 18-34 28%17% Age 35–44 23% Age 45–54 25% Age 55–64 BY THE NUMBERS BEYOND THE NUMBERS As stakeholders begin placing bets for 2015 HIX open enrollment and beyond, what uncertainties could the health care industry face? Increasing patient loads and narrowing networks: As patient rolls stretch and networks become smaller, providers will likely need to adapt. Consumer attitudes and behaviors: Enrollment numbers reveal age and gender, but cannot predict how consumers will spend or what their health behaviors might be. Potential regulatory, legislative, and judicial changes: The landscape could continue to change as regulations, guidance, and rules continue to evolve. Variation across states: Operational approaches, eligibility requirements, and technical difficulties look different in every state, and for some, could even change. New options and products: Different products and approaches could be successful in getting the uninsured consumers who remain on the sidelines off the bench and in the game. Reactions to prescription drug spending: Specialty drug spending has come into focus and greater utilization management might be the answer. 8MILLION On May 1, 2014, the U.S. Department of Health and Human Services released the summary report for the initial HIX open enrollment period. What do the numbers say? Note: In this document, HIX = health insurance exchange. Percentages have been rounded. Some numbers may not add to totals due to rounding. Source: Health Insurance Marketplace: Summary Enrollment Report for the Initial Annual Open Enrollment Period. HHS. May 1, 2014 $ $