Cover Oregon has lessened enrollment projections which could mean higher costs for consumers.
Cover Oregon has lessened enrollment projections which could mean higher costs for consumers.
Once the federal money dries up, Cover Oregon will get most of its funding from a fee added to each enrollee’s monthly premium. With fewer people now expected to enroll and pay the fee, Cover Oregon would need to collect more from each individual to break even. The agency’s board is scheduled to set the fee in March.
Cover Oregon’s budget experts are now predicting a smaller pool of applicants with a higher average age. They lowered their most pessimistic enrollment projections for 2014 by 18 percent to 105,500.
Read more at The Democrat-Herald.
