Open enrollment is starting soon and what better way to prepare than to
begin researching now. It begins on November 1st and last through December 15th.
Plans that are purchased during this period begin January 1st, 2019. The
marketplace is for those who are unable to receive insurance through Medicare,
Medicaid, or their workplace. The plan is based upon your household income for the
year.
Here are a few things you should know before the big E-day. Last year the
enrollment dates lasted through January, this year it will only be through December
15th so mark it out on your calendar.
The prices will be posted soon after November
1st where in the past they would have shown by now. The best idea is to get started
as soon as possible since the window to enroll is shorter. You can browse on
Healthcare.gov. Make sure to choose a policy that’s right for you and not just chosen for it’s
premium.
Look closely at the co-pays and deductibles that way you know for sure
what you will be paying out of pocket. Find what doctors are in network with the
plan and especially check to see if your primary care physician is in their network.
This will save you much headache in the future flu season. Research what medical
services are covered. If you know that you or a family member may need a large
surgery or expense soon then it would be wise to find out what services will be
covered under your plan.
Decide on a Platinum, Gold, Silver, or Bronze plan. Platinum and Gold plans
are useful for those with chronic illnesses because they typically have lower
deductibles.
Also, some premiums are eligible for tax credits. This may be something
that will weigh in on your decision while finding a plan. Remember that the metals
are the levels of costs and have absolutely nothing to do with the quality of care you
will receive.
Plans can change year to year so don’t assume that you are receiving
the same coverage or paying the same premiums as last year. That’s why it is
important to review your plan even if you are continuing to receive coverage
through the ACA over the years.
Here is a checklist to ensure you don’t forget anything. https://marketplace.cms.gov/outreach-and-education/marketplace-application-checklist.pdf
Be sure to gather all of this important information before attempting to conquer the market place. This will help make your transition easier or at least give
you an idea of what you need beforehand.
Now you are ready to don your metal of choice and become unyielding in the
healthcare conquest.
