Wednesday marks the first day of open enrollment in health care plans through the Affordable Care Act, or Obamacare, for 2018. Despite GOP efforts over the past months to repeal the Affordable Care Act, the program remains largely unchanged.
WORT producer Nina Kravinsky asked ABC for Health Executive Director Bobby Peterson what you need to know before enrollment opens.
Peterson says it is important to remember that the bill is not repealed yet, and the law is still in effect. “If people are interested in the marketplace… there is some time during open enrollment to make some decisions.”
Open enrollment starts on Nov. 1 and runs through Dec. 15. This year’s enrollment period is shorter than it has been in the past. Although it may in part be an effort to hinder the system, Peterson says it is also “a reflection of the fact that it is not as new as it was.” Because of the shortened time frame, Peterson says it is important to be proactive and pay attention to their coverage and price compare.
Many media outlets have discussed increases in premiums, and Peterson explains in depth what sorts of increases we can expect. He explains that silver-rated plans will see the most increases, with general increases across the board. However, some gold and bronze plans may end up being less expensive. He also reminds folks that many people are still eligible for tax credits.
Misinformation and concern over the repeal of the Affordable Care Act are likely to cause a drop in enrollment this year. Peterson says that the Affordable Care Act has been an important aspect in identifying opportunities for coverage and benefits for people.