canceling people because they want to play in other markets. and we know we have 25% more insurers in the individual market than we did prior to the law being passed. a lot of dynamics going on here that are not necessarily an indication that the president misled anybody. business decisions being made all over now? now in cancelation of policies again, the one-year contract notice is routine in the individual market. it has been in place for years. and for a lot of people, they are policies now, they re being canceled because they re being notified that you can no longer be underwritten. we can t charge you more because you re a woman. we won t ever have the kind of limitation on what your policy can pay out. those policies will cease to be offered in the marketplace. gentleman s time has expired. justice mr. guthrie. thank you for being here.
i ll try to get through this, mr. chairman. madam secretary, i was intrigued boy a line of questioning by congressman green asking questions about the individual marketplace. how volatile was the individual marketplace before the affordable care act became law? i would say it wasn t a marketplace at all. it was unprotected, unregulated and people were really on their own. madam secretary, the kaiser family foundation reports that over 50% turnout of individuals that have coverage in the individual market, either lose coverage, they re priced out or drop it. is that consistent with what you re aware of? that s an accurate snapshot. about a third of the people are in for about six months and over half are in for a year or less. so individuals that were in the individual marketplace before the passage of the affordable care act did not have the same protection as those that were in group coverage? that s true. and would those individuals in the individual marketplace
i see my time did begin there. so i ll try to get through this. madame secretary, i was intrigued by a line of questioning by congressman green asking questions about the individual marketplace. how volatile was the individual marketplace before the affordable care act became law? i would say it wasn t a marketplace at all. it was unprotected, unregulated, and people were really on their own. madame secretary, the kiser family foundation reports that over 50% turn out of individuals that have coverage on the individual market turn out of coverage every year. is that consistent with what you re aware of? that s an accurate snapshot. about a third of the people are in for about six monthsment and over half are in for a year or less. so individuals that were in the individual marketplace before the package of the affordable care act did not have the same protections as those that were in group coverage? that s true. and would those individuals
many of those individuals, half of them, will be eligible for financial help getting a new plan and they have many more choices in the marketplace. so we will not have a blanket exemption. sounds like a hardship to me the gentleman s time is expired. miss christianson. thank you, mr. chairman. and thank you, madam secretary, for being here and thank you for all that you and your staff at hhs has done in implementing the affordable care act to ensure that it would provide the many benefits to children, to women, to medicare beneficiaries and to insure security to those who already have insurance as well as lower costs. of course the biggest complaint has been about the application and the enrollment website, but we have heard over and over from you that those are being addressed. but you would recall and i know my colleagues would recall that congressman rush and i have always been concerned about those who do not have internet
designed? absolutely. most recently last week the state of ohio did move into the medicaid market. and we now have 30 governors, i think 27 states have fully completed the process. another three are in the process. republicans and democrats who some of who sued us about the constitutionality of the act who are now deciding for the citizens of their state, they want to be part of the expanding medicaid. and we will continue to have those conversations. it s not just about the marketplace. the gentleman s time is expired. dr. cassidy. you said that only if an individual policy is only canceled if it changes significantly. but to be cleerks after may 2010, if coinsurance went up by any amount, even by a dollar, according to your regulations,