Open enrollment for ACA plans begins November 1, and all carriers will be offering their on- and off- Exchange plans as of that date. Please note that not all carriers offer plans both on and off the Exchange. (AvMed offers only off-Exchange plans, for example.)
Open enrollment is compressed this year. Open enrollment runs only from November 1--December 15 for a 1/1/18 effective date.
In previous years, individuals could apply for effective dates of February 1 and March 1 if they applied after December 15 but before February 1, but that won't be permitted this year.
ONLY effective date that can obtained is January 1, 2018.
Carriers are sending renewal notices for next year's plans. Some individuals with Molina are receiving more than 100% rate increases after subsidies are applied, so most of those with Molina plans will want to change to other carriers. All individuals who had Humana and Aetna plans will also need to change plans. as those carriers will no longer be offering ACA plans..
I've been contacted by some policyholders who have received letters from AvMed that contained close to 100% increases.
Except for highly subsidized people on the Exchange who are eligible for Cost Sharing Reduction plans, most others will probably receive rate increases (and some will be significant) if they remain on the plan they have. HOWEVER, there
ARE alternatives, so please call us at
877-734-3884 to discuss.
Note: Carriers are sending notices concerning net premiums (i.e. premium less any subsidy) for next year, but at least one carrier (Florida Blue) has sent notices that include ONLY the gross premium.
IF YOU HAVE A FLORIDA BLUE PLAN AND ARE SUBSIDY-ELIGIBLE, THESE NOTICES ARE IN ERROR. Please contact us after November 1 at
877-734-3884, and we can provide estimates of what your actual net premiums will be.
We"ll attempt to communicate with all our ACA clients prior to the end of the first week of November concerning their alternatives.
Please call us at
if you receive notice from your carrier and want to speak with us before we're able to get in touch with you.