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MRMIP vs. PCIP Enrollment Demographics

The Managed Risk Medical Insurance Board (MRMIB) held it’s monthly Board meeting on Wednesday, August 17 in Sacramento. They shared enrollment numbers and demographics for both the Pre-Existing Condition Insurance Plan (PCIP) and the Managed Risk Medical Insurance Program (MRMIP) as of July 31, 2011. Both programs target individuals who have been denied health coverage due to a pre-existing condition. MRMIP offers premiums set at 125% of the commercial market for a healthy individual who is the same age and lives in the same area. MRMIP caps annual benefits at $75,000 and lifetime benefits at $750,000. PCIP offers premiums set just below 100% of the commercial market with no annual or lifetime caps. In order to qualify for PCIP, individuals must be uninsured for 6 or more months and present a letter from a medical professional stating the existence of a pre-existing condition. PCIP has been in operation since October 2010. Below is a side-by-side comparison of PCIP and MRMIP enrollment numbers and demographics.

It is interesting to note that PCIP seems to be attracting a slightly younger crowd than MRMIP.

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