If you’re wondering about that tension in the air, it’s not because Mercury is in retrograde. It’s because thousands of people are struggling with enrolling for or renewing Affordable Care Act (ACA) coverage for 2020.
Yes, we are in open enrollment, that critical time in healthcare from November 1, 2019, through December 15, 2019. Notice anything? The enrollment period is extremely short, so do not delay. Under the current presidential administration, enrollment time is shorter and advertising budgets leaner, meaning more people might miss the enrollment period.
If you fail to act by December 15, 2019, you won’t be able to enroll in ACA coverage unless you have had a qualifying event such as a job loss. If you are eligible for Medicaid or the Children’s Health Insurance Program, you can apply throughout the year. Although the government has extended ACA enrollment in the past, do not count on that this year. If you miss the ACA deadline, you may purchase other health insurance, but it will not guarantee the kind of comprehensive coverage that ACA plans provide.
People covered by Medicare do not need ACA coverage. However, Medicare pays an estimated 80 percent of costs, so a Medicare Advantage Plan is almost a necessity in this time of rising medical costs.
If you enroll in a plan during open enrollment, your coverage begins January 1, 2020. We’re in the middle of the enrollment period, so there’s no time to waste! If you enroll online yourself, the HealthCare.gov website can be difficult to use, and only one coverage choice remains in some states. Working with a licensed health insurance agent who can help you choose the right ACA plan for your medical needs is always the best way to obtain health insurance. Contact us today so you don’t miss that looming deadline!