The Patient Protection and Affordable Care Act, commonly known as the ACA or Obamacare, was signed into law in 2010 with the aim of improving accessibility, affordability, and quality of health insurance across the United States. Before the ACA, many Americans struggled to afford or obtain health insurance due to pre-existing medical conditions. The ACA has significantly reduced the number of uninsured people in the U.S.
ACA plans are available on the Marketplace or Exchange. These plans allow individuals and families to enroll in coverage independently of employer-sponsored or private plans. Pre-existing conditions do not prevent enrollment in an ACA plan, and many people receive tax credits and subsidies to lower their premiums.
All ACA plans must include the ten Essential Health Benefits (EHBs), which are:
The ACA has an annual open enrollment period from November 1 to January 15 in most states. Some states have extended enrollment periods. If you enroll by December 15, coverage begins on January 1; if you enroll after December 15, coverage starts on February 1.
Many qualify for a Special Enrollment Period due to life changes such as employment changes, marriage, divorce, moving to a new city, or having a child, allowing enrollment in an ACA plan at any time of the year.
Navigating health insurance can be confusing, but you don’t have to do it alone! The independent agents at J Johnston Insurance are here to guide you, understanding your health needs and budget to find the best options.
Even outside of Open Enrollment, we can explore ACA health insurance options for you. You might qualify for a Special Enrollment Period and get coverage sooner than you think. Call us today to get started!
