Monday, November 28, 2016

Affordable Care Act Partnership

Federal law now requires all Americans to have health coverage.  The Open Enrollment Period to purchase private health coverage for 2017 through the Health Insurance Marketplace begins November 1, 2016 and ends January 31, 2017.

8 out of 10 Ohioans qualify for financial help to make this private coverage more affordable including help with premiums and out-of-pocket expenses.  In 2016, monthly premium tax credits in Ohio resulted in a 59% discount.  People with lower income (under $16,394 annual income for 1 person, under $33,534 for a family of four) can qualify for Medicaid at no cost and can enroll at any time.

The penalty for not having coverage in 2017 is the higher of 2.5% of household income or $695 per adult and $347.50 per child under 18 up to a maximum of $2,085

Free, unbiased, confidential enrollment assistance is available.  You can schedule an appointment with the enrollment assister closest to you at www.getcoveredamerica.org/connector.  You can also find the closest assister by calling (513) 482-4INS (4467)
The benefits of this new coverage include:
•      Financial assistance to make coverage affordable – 70% of Ohioans qualified for a premium of $75 or less for 2016.
•      You can’t be denied because of a pre-existing condition
•      Preventive health care is covered with no out of pocket expense
•      Coverage of essential services like hospital, doctor visits, prescription drugs, substance abuse and behavioral health




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