A new analysis by Avalere Health says that only 30 percent of applicants to the Obamacare health exchanges are qualifying for government subsidies to defray the cost of their premiums, far short of the 84 percent of enrollees that are ultimately expected to qualify, according to the Washington-based consultancy.
Persons who enrolled through a state-run exchange are not qualifying for assistance at the same rate as those who are attempting to use the glitchy federal exchange, at 23 percent to 34 percent, Avalere said.
Based on enrollment figures from Oct. 1 through Nov. 2, Avalere expects a pick-up in enrollment as poorer citizens realize they could save on health insurance with the help of government assistance — putting the number closer to Avalere’s 84 percent projection.
“The figures show the potential for increased exchange enrollment in the coming weeks as we get closer to the deadline for 2014 insurance,” said Dan Mendelson, CEO of Avalere Health. “As lower-income Americans determine that they have access to subsidized commercial insurance products, we can expect to see many enroll to save money.”