WASHINGTON, DC – This afternoon, the Centers for Medicare and Medicaid (CMS) issued a report on effectuated 2017 Obamacare enrollment.
CMS’ report shows that 3.6 million American patients selected a plan on the Obamacare exchange during 2016, but had dropped their coverage by the end of the year. Of those who dropped their plans, 46 percent attributed the decision to cost.
Energy and Commerce Committee Chairman Greg Walden (R-OR) and Health Subcommittee Chairman Michael C. Burgess, M.D. (R-TX), summarized the key findings, saying, “Under the failed individual mandate, roughly twice as many Americans have chosen to pay the penalty tax or claim a hardship exemption than those who have enrolled in Obamacare’s exchanges. And today’s report makes clear that higher premiums and fewer options are directly impacting patients’ decisions.”
Click HERE to view the infographic online.