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ACA insurance enrollment brisk in final days before deadline

After the upcoming deadline, consumers have until January 15 to sign up for coverage to begin February 1, and until January 31 to get coverage, to begin on March 1, at all for 2016.

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If you’ve purchased insurance through the federal marketplace it’s important to update your personal information on the healthcare.gov site each year even if you’re not making any changes to your coverage.

The Winnebago County Health Department says it is offering assistance at the ACA Walk-in Insurance Enrollment Center, 555 North Court Street in Rockford.

In Louisiana, plan selection numbers have surpassed those of previous year.

The Obama administration says about 1 million new consumers have signed up for 2016 coverage under the president’s health care law. “You want to be prepared so you don’t have to worry about financial concerns during a health crisis”.

In order to ensure that consumers had access to the insurance coverage they needed, many states had a special enrollment period earlier this year. In 2014, some 4 million people had enrolled in exchanges during November, when the last open enrollment period began. Up to $695 per adult in your household or 2.5 percent of your taxable income, whichever is higher. The actual number of people who ended up paying their first premium was about 10.2 million.

Slavitt pointed to the surge in interest ahead of the December 15 deadline for those seeking coverage before January 1, which allows people to avoid the steep tax penalty during next year’s tax filing season.

“Everyone with those plans needs to re-enroll and select another plan”, Stevenson said, adding that “shopping around” can provide better deals and/or coverage for other enrollees, as well.

State residents can choose from an average of 38 plans from five insurers: Horizon Blue Cross Blue Shield of New Jersey, AmeriHealth of New Jersey, United Healthcare, Oscar Health Insurance and Health Republic Insurance of New Jersey. CHA members must act by December 31st to have coverage effective on January 1st, 2016.

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Another 7.1 million uninsured people would end up paying more than their potential fine if they opted for the least-expensive plans sold on government-run exchanges.

Credit Associated Press