Health Insurance Changes: Marketplace Open Enrollment

December 26, 2018

Change can be good.

It can also be confusing and a little daunting.

Recent transitions in Marketplace health insurance coverage may have you scratching your head, but don’t worry: Help is available.

Let’s break down what’s changing in 2019, what’s staying the same and why you need to talk with a qualified insurance advisor during this year’s Marketplace Open Enrollment to make sure your health care needs are met.

What’s staying the same in health insurance for 2019?

Despite the revisions for health insurance, not EVERYTHING is changing.

Here’s a rundown of what won’t be different in 2019.

  • Dates. Marketplace Open Enrollment will still be active between Nov. 1, 2018, and Dec. 15, 2018 – just like it has for the past five years.
  • ACA exchanges. You can shop for plans and apply for income-based subsidies.
  • Individual shared-responsibility provision. This mandate is still in place, but the penalty isn’t, but we’ll get to that.

What’s changing for 2019?

There’s one big change that has everyone talking: You’ll no longer be subject to a tax penalty for being uninsured.

This change goes into effect on January 1, 2019.

One of the biggest benefits of the repeal of Obamacare is that you’ll have a lot more options for health care.

Depending on your needs, you can choose an ACA plan, but you don’t have to. You’re free to explore alternative coverage – such as short-term health insurance, for example – without fear of having to pay a tax penalty.

Talk options with a pro during Marketplace Open Enrollment

The changing landscape of health care – even good changes – can leave you feeling confused and frustrated.

Talking with an experienced advisor can clear up your questions and put you on the right health insurance path.

You’ll have someone in your corner who can look at your overall situation and make suggestions based on your needs and your budget.

Final thoughts

Marketplace Open Enrollment is in full swing – take advantage of your opportunity to make changes to your coverage.

Talk to a knowledgeable insurance advisor who can fill you in on what the latest changes mean for you and your coverage.

Contact Us at UROne Benefits and let us help you navigate your next health care move.

What confuses you about Marketplace open enrollment changes this year?