Feds: Most New Yorkers enrolled in health exchange received financial assistance
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A majority of New Yorkers who signed up for health insurance on the state's exchange received financial assistance, according to the U.S. Department of Health and Human Services.
A total of 370,451 New Yorkers enrolled in the health insurance exchange. Of those, 74 percent received financial assistance, the agency said Thursday. Another 343,835 qualified for either Medicaid or the Children's Health Insurance Program.
Nationwide, enrollment in the Health Insurance Marketplace reached 8 million at the end of the first enrollment period. Nationally, 85 percent selected a plan with financial assistance, the agency said.
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The final enrollment reporting period stretched from Oct. 1 to March 31, and included other enrollment activity -- such as people enrolling due to a change in life circumstance -- reported through April 19.
Of the New Yorkers who selected a plan, 31 percent were between the ages of 18 and 34. They are the "young invincibles" government officials hoped to attract because they tend to be healthier and help spread the risk and keep premiums lower. Nationally, 28 percent of enrollees were age 18-34.
Of those who signed up in New York, 51 percent were female and 49 percent male, HHS said.
The agency provided the ethnicity of those who enrolled nationally: 62.9 percent were white; 16.7 percent African-American; 10.7 percent Latino; 7.9 percent Asian; 1.3 percent multiracial; 0.3 percent American Indian/Alaska Native; and 0.1 percent, Native Hawaiian/Pacific Islander.