Washington, D.C., June 7, 2016 — By the end of 2016, Obamacare exchange enrollment will likely only reach half of initial projections. Based on historical attrition rates, 2016 year-end exchange enrollment is projected to be approximately 20 percent lower than at the end of open enrollment, according to a new analysis from the Council for Affordable Health Coverage.
“While the exchanges have helped expand coverage to millions of Americans, lower than expected enrollment and high attrition rates, among other factors, have contributed to market destabilization,” said CAHC President Joel White. “Those who do enroll and stay in the exchanges hardly resemble the American melting pot.”