Special ACA Enrollment Period
Categories :
Insurance
| There is still a HUGE Market for ACA during this SEP. |
| 47% Didn’t Look To ACA For Insurance didn’t even consider ACA, assuming they weren’t eligible for subsidies. By Kelsey Waddill – HealthPayerIntelligence – February 2, 2021 “As the pandemic continues, the new administration, Congress, and state officials could enact several policies to improve awareness and accessibility of Marketplace and Medicaid/CHIP coverage,” Read this Article In a Kaiser Family Foundation analysis of the approximately 15 million uninsured people nationally who could get coverage through the ACA: ▶ 4 million uninsured people could get a free bronze plan (with a $0 premium payment, after accounting for subsidies). As explained in an earlier brief, people in this group would clearly benefit from getting ACA coverage rather than continuing to go without coverage; ▶ 4.9 million uninsured people could buy ACA coverage for a reduced premium, partially covered by a subsidy. Although subsidies for this group do not cover the full premium, they may significantly lower the premium and/or out-of-pocket liability; ▶ 6 million uninsured people are eligible to buy Marketplace plans but are ineligible for financial assistance. Among the uninsured who’d heard of ACA health plans, nearly 50% didn’t consider a plan; 7 in 10 said they didn’t explore ACA options due to the perceived cost. |
