Economy

Open Enrollment for 2018 Health Care Begins

Open Enrollment for 2018 Health Care Begins”

"As the open enrollment season begins, Montanans should thoroughly research coverage options to determine the best plan for themselves and their families".

Last month, Trump chose to end a type of subsidy, known as cost-sharing reduction payments, that had reimbursed insurers for providing enhanced coverage to consumers with incomes of up to 250 percent of the poverty level. Premiums for some plans and providers are expected to rise for this next year.

"In Texas, the tax credits have increased", Lodes said. Free assistance with choosing a plan and signing up are available. "For example, in 2018, the average monthly health insurance premium for a 35-year-old receiving a tax credit will increase by just $1 a month if they are enrolled in the second lowest cost silver plan".

"Pacific Source has raised their rates by an average of 13 percent, the Montana Health Co-op has raised their rates by 16 percent, and Blue Cross Blue Shield has raised their rates by an average of 23 percent", he said.

Nationally, among states such as Arkansas that use the federal enrollment platform, the number of enrollees who have the option of paying less than $75 a month for coverage increased from 71 percent this year to 80 percent in 2018.

Your Health Idaho provides hundreds of certified agents and brokers to help Idahoans find the right plan to fit within their budget.

Insurance agents say their best advice is if you need help, find it. "First, the enrollment period is shortened this year".

For more information, visit www.dcbs.oregon.gov.

"Your Health Idaho will be here as long as - as far as we know forever", Kelly says.

Customers who buy plans through Idaho's exchange will pay a 2.29 percent fee on premiums in 2018 to fund the exchange, compared to the 3.5 percent charged by the federal insurance exchange in states that didn't establish their own exchanges. "For some it's going to be worse".



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