More than 75,000 South Carolinians completed applications in the first month of 2015 enrollment to get health insurance in a marketplace set up under the federal Affordable Care Act, according to statistics released Tuesday by the federal government.
Of the 75,075 people who applied, 73 percent of them selected a plan and 57 percent were new to the Health Insurance Marketplace.
The data released Tuesday was for activity through Dec. 15. People who paid for marketplace policies last year but took no action were automatically re-enrolled Dec. 16-18, so many of them won’t show up until the second month of statistics.
Enrollment runs through Feb. 15.
The federal Health Insurance Marketplace is being used in 37 states that didn’t create their own insurance exchanges, like South Carolina.
Depending on their income, buyers can be eligible for tax subsidies that reduce the cost of the insurance. In South Carolina, 88 percent of those who signed up for a plan were eligible for subsidies.
In the marketplace’s first year, about 119,000 people selected policies in the marketplace, but only about 85,000 paid their first premiums, according to the S.C. Department of Insurance.