Idaho health insurance exchange nears record

Nearly 102,000 Idahoans signed up for coverage under the Your Health Idaho insurance exchange this year. The enrollment numbers include new and returning customers.

101,793 Idahoans enrolled in 2018 health coverage in just half the time of last year.

“This is a testament to Idaho’s model for operating an exchange. Despite the enormous uncertainty from Washington, combined with a shortened enrollment period, Your Health Idaho has been able to serve near record numbers of Idahoans,” said Pat Kelly, executive director of Your Health Idaho.

The exchange said increased tax credits offset rising premiums to the extent that some Idahoans purchased plans for little to no monthly cost. Enrollment in those less expensive bronze plans increased by 15 percent over the previous year.

Kelly said the exchange is preparing for additional federal policy changes. “We know there will be more adjustments to make in our future, and we will continue to provide Idahoans with choice and control over their health insurance coverage in the years to come,” Kelly said.

The repeal of the individual mandate does not happen until 2019 and is not expected to have a significant impact in Idaho. Your Health Idaho estimates 5 to 7 percent of customers may consider dropping coverage if there is no requirement.