Healthcare: Open Enrollment starts today Nov 1st

You will have 6 weeks (around 45 days) to make changes through Open Enrollment for the Affordable Care Act (or Obamacare) and be insured by January 1st

Good News:  For 2018, 80% of people can find a plan for under $75 each month, thanks to financial assistance.   www.Healthcare.gov

 

What’s different this coming year… 

  • Shorter sign-up period.There will only be about 45 days — half the time consumers had last year — to sign up for insurance if you want to be insured Jan. 1. The Obama administration originally planned to cut the enrollment period by this much, but that was at a time when enrollment estimates were higher.

 

  • Fewer “navigators” funded.

More than 50% of consumers use some kind of assistance to buy plans, says Joshua Peck, who co-founded Get Covered America to increase ACA awareness this year. Peck, who was chief marketing officer for Healthcare.gov in the Obama administration, says navigators’ “performance varies across the county.

 

  • Cost sharing subsidies unfunded. 

A federal judge recently upheld President Trump’s plan to stop funding the subsidies that cover out-of-pocket costs for millions of people with ACA plans. But even without the administration funding the subsidies to insurers, the federal government will still wind up covering the higher premiums for millions of lower-income people that will result.

Insurance companies in most states announced premiums that were an average of about 15% higher due to the uncertainty over whether the subsidies would be paid. In many states, the increases were only applied to silver-level plans, which people receiving subsidies have to buy. USA TODAY: https://goo.gl/VBKnW5

Verne Hill

Verne Hill

The News Guy – WBFJ Family Friendly Morning Show at WBFJ fm - Your family station!
I enjoy many things: Music. Family movie nights. My American flag flapping in the wind. Sunsets at the beach. Snow days. The Sweet Tea Party. Salvation through Grace…

VERSE: “Let everything that has breath praise the LORD” Psalm 150

QUOTE: “A person who loves his job, will never work a day in his life.”

MON-SAT 6A-10A(& Sunday@5 host)
verne@wbfj.fm
Verne Hill


Verne Hill

I enjoy many things: Music. Family movie nights. My American flag flapping in the wind. Sunsets at the beach. Snow days. The Sweet Tea Party. Salvation through Grace… VERSE: “Let everything that has breath praise the LORD” Psalm 150 QUOTE: “A person who loves his job, will never work a day in his life.” MON-SAT 6A-10A (& Sunday@5 host) verne@wbfj.fm