HealthCare.com Shares 5 Things Consumers Should Not Overlook During This Health Insurance Open Enrollment Period

healthcare.com

“What most people don’t know is that, as a consumer, you have 10 days to try out any health insurance plan you sign up for,” says Smedsrud. “With plans offered on the ACA exchanges, you may have as many as 90 days.”

Experts are predicting an overall decline in Obamacare sign-ups during this year’s health insurance open enrollment. Even though enrollment numbers in the first 26 days of the 2018 Open Enrollment Period have surpassed last year’s numbers, the shortened length of open enrollment this year means that in the final days of the sign-up period, several million more consumers will need to sign up in order to match last year’s enrollment numbers.

“This year’s significantly shorter health insurance Open Enrollment Period has prompted millions of Americans to explore their Marketplace options much earlier than they did last year,” says HealthCare.com cofounder Jeff Smedsrud. “But in their haste to get covered, some consumers choose a healthcare plan that doesn’t match their needs. Often, this comes down to consumers not being aware of all of the options available to them.”

For most states in the country, open enrollment for 2018 coverage ends Friday, December 15. This means that many Americans have just a few days left to find ACA-compliant health coverage – or else they may find themselves uninsured and having to pay the Obamacare penalty next year when they file their taxes.

“What most people don’t know is that, as a consumer, you have 10 days to try out any health insurance plan you sign up for,” says Smedsrud. “With plans offered on the ACA exchanges, you may have as many as 90 days.” Smedsrud explains, “If, after that period, you decide you don’t…

Article Source…

Leave a Reply

Your email address will not be published. Required fields are marked *