More and more New Yorkers are choosing to get covered through the NY State of Health insurance marketplace. In a press release issued today, the State Department of Health (SDOH) is reporting that over 174,000 New Yorkers have now completed the application process through the online marketplace – accounting for 30% of completed applications nationwide. SDOH is also reporting that of these 174,000 applications, to date, roughly 37,000 have been fully enrolled.
It’s no wonder people are flocking to the marketplace - SDOH numbers indicate that prices for health insurance on the marketplace are 53% less than last year’s prices in the individual market. It is also estimated that nearly three-quarters of people who enroll will qualify for financial assistance.
I mean, come on, what New Yorker doesn’t love a good bargain? With the kinks in the online enrollment system now being worked out, we are hearing more and more positive things about the options available through the NY State of Health. If you haven’t done so already, be sure to log on and see what you may qualify for!