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Home Posts tagged "Affordable care plans"
ACA Enrollment periods

ACA Enrollment periods

By Ed Crowe | General Articles | 0 comment | 1 July, 2024 | 0

Understanding ACA enrollment periods is crucial for agents offering the plans as well as for potential enrollees. We will go over the opportunities both individuals and families have to enroll in health coverage.

Open Enrollment Period

The Open Enrollment Period (OEP) is the primary time each year individuals and families can sign up for health insurance through the ACA marketplace. Each year, the OEP begins November 1st and ends on January 15th. In some cases, the enrollment deadline is extended for a specific reason.

Important dates:

November 1st – Open enrollment begins. Coverage starts January 1st.

December 15th – This s the last day to enroll in or change plans for coverage to start January 1st.

January 1st – Coverage begins for anyone who enrolled in a plan by December 15th nd paid their premium.

January 15th – Open enrollment ends; this is the last day of the year individuals/families can either enroll in or change healthcare plans without a Special Enrollment period.

February 1st – Coverage begins for those who enrolled between December 16th and January 15th and paid their first premium.

During this enrollment period, individuals/families can:

  • Enroll in a new health insurance plan.
  • Renew their current plan.
  • Make changes to an existing plan.

Please note: Plans for those who use the OEP for enrollment begin on January 1st of the following year. Those who miss the OEP may not be able to enroll in or change their current plan until the next year’s OEP, unless they qualify for a Special Election Period.

Special Enrollment Period

The Special Enrollment Period (SEP) allows individuals/families to either enroll in or change health insurance plans outside the OEP. The SEP is available to those who experience specific life events.

These life events include:

Loss of health coverage: What qualifies as loss of health coverage; loss of either job-based coverage, Medicaid, or CHIP.

Changes in household: Here are examples of changes in a household; getting married or divorced, either having a baby or adopting a child, or a death in the family.

Changes in residence: This includes; moving to a different zip code or county, another state, or when you move to or from the place where you attend school.

Other qualifying events: Changes in your income (gains or losses) that affect the coverage you qualify for, gaining membership in a federally recognized tribe, becoming a U.S. citizen, leaving incarceration, or AmeriCorps members who are either starting or ending their service.

In most cases, the individual/family has 60 days from the date of the qualifying event to enroll in a plan through the SEP.

Medicaid and CHIP Enrollment

Medicaid and the Children’s Health Insurance Program (CHIP) offer free or low-cost coverage to millions of Americans, including qualifying low-income people, families and children, pregnant women, the elderly, and people with disabilities. Unlike marketplace plans, you can apply for and enroll in Medicaid and CHIP any time of the year. Remember; enrollment in either Medicaid or CHIP gives the enrollee an SEP for a marketplace plan.

If you are an insurance agent, here are some helpful links:

Click here to watch a video on Crowe ACA offerings for agents & agencies

Watch a demo of our ACA agent portal

Click here to add ACA to your Crowe contracts

Enrollment tips

  1. Mark Your Calendar: Keep track of important dates for the OEP and plan ahead to gather necessary documents and information.
  2. Check for SEP Eligibility: Those who miss the OEP, should check if they qualify for an SEP.
  3. Explore Medicaid and CHIP: If your income is low, you may qualify for Medicaid or CHIP, which have year-round enrollment.
  4. Compare Plans: Compare different plans available in the marketplace to find one that best suits your needs and budget.
  5. Seek Assistance: Navigating health insurance can be complex. Don’t hesitate to seek help from certified navigators, agents, or brokers.

Understanding and taking advantage of the ACA enrollment periods is essential to ensure you have the health coverage you need.

If you like the image in this post, click here to view more by this artist
Obama Care in Connecticut

Obama Care in Connecticut

By Ed Crowe | Individual Health Insurance | 0 comment | 26 September, 2014 | 0

Obama Care  in Connecticut

The purpose of this post is to provide an understanding of Obama Care in Connecticut to help consumers make a better decision when they decide to enroll or not.    Our office is registered to advise the general population on which plan may be best for them and to process an enrollment in person or over the phone. Please review the list of bullet points below and call or email if you have any questions.

  • Obama Care is run by Access Health in CT.  Prospective members sign up for the plan through the Access Health website.  Once you register, you can complete and submit an application.  Access Health then sends the insurance company that you chose during your application process the information is then sent to the insurance company that was chosen during the application process.  This will then prompt them to send out a monthly bill as well as ID cards.
  • Subsidies are available to those within the income guidelines.  They are automatically applied to the premium and the bill received in the mail will be reduced by the amount of monthly subsidy being received.  Subsidy levels depend on the total annual income of the family and the number of family members.  They do NOT look at prior year income but look at current years income.  A person applying in 2014 is going to be provided or not provided a subsidy based on their 2014 income not prior years income.
  • Subsidies levels are as follows:

  • Single person under $45,960 adjusted gross is eligible for a subsidy.  A family of 4 under $94,200 is eligible for a subsidy.    For an example of the amount of subsidy provided we can use a 61 year old male.  At $47,00 annual income he is not eligible for subsidy and would pay $691 a month for a silver plan.  At $32,000 of income that same person would only pay $150.09 a month for the same silver plan.   A family of 4 making $96,000 a year would pay $1217.22 a month for a silver plan while a family of 4 making 52,000 a year would pay $217.00 a month for the same plan.
  • Subsidies are only available by applying through Access Health
  • Current companies offering plans are Anthem BCBS, Connecticare and Healthy Partners.  United and Harvard Pilgrim will  also be available in 2015
  • Anyone can enroll in Obama Care but only those under the income level will get a subsidy
  • The company sends a paper bill every month.

  • The doctor networks are smaller than the normal networks.  We have found that the companies Obama networks have about 70% of the doctors that are in the companies normal networks.
  • For those under the income guidelines, this is the lowest cost insurance they will be able to buy on an individual basis by a substantial amount.
  • The benefits of the Obama Care plans are more comprehensive than the comparable plans out on the open market
  • Obama Care will base your income on the total family income, even if the whole family does not enroll in the plan.

You can either call or email us with any questions or help enrolling.  We do not charge a fee for help with enrollments.  The insurance companies pay us directly.  The rates are the same with or without our assistance enrolling.   Office number is 203-796-5403 or email Edward@croweandassociates.com

 

 

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Crowe & AssociatesCrowe & Associates

Online Enrollment- Enroll prospects online without the need for a face to face appointment. Access to all major carriers with the ability to compare plan benefits and prescription drug costs. Link to recorded webinar https://attendee.gotowebinar.com/recording/2899290519088332033

All agents receive a personalized enrollment website. Prospects can use the site to compare plans, check doctors, run drug comparisons and enroll in plans. Agents are credited for all enrollments. Click Here

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