Are you prepared to receive the best coverage at an affordable price? Read below to discover the different options you have for ACA/Obamacare Assistance. Read in Spanish

Alright, folks! Time to get out your red pen and mark your calendars. These are the 2020 Health Insurance Open Enrollment Dates & Deadlines you need to know! While open enrollment runs from November 1st to December 15th, here are all the details:

  • Oct 26, 2019: 2020 Plans and benefits information released. Now’s the best time to start searching/shopping for health plans today!
  • November 1, 2019: Open Enrollment starts today! Finally, you can enroll, re-enroll, or change your plan through the Health Insurance Marketplace.
  • December 15, 2019: Open Enrollment comes to a close. This is the last day to enroll in or change plans before 2020.
  • January 1st, 2020: Coverage commences. With the right plan, your coverage can start as soon as January 1, 2020.

All those dates can be overwhelming, but the experts at TruCoverage are breaking it down below!

ACA Obamacare Assistance

November 1st may seem a long way off but now is the time to discuss your needs, get health insurance quotes, or contact your chosen exchange. And the best place to start is by understanding if the Affordable Care Act (also known as Obamacare) is best for you. The comprehensive health care reform law enacted in March 2010, has three primary goals:

  1. Make affordable health insurance available to more people.
  2. Expand the Medicaid Program to cover all adults with income below 138% of the federal poverty level.
  3. Support innovative medical care delivery methods designed to lower the costs of health care.

Obamacare provides consumers with subsidies, sometimes referred to as premium tax credits. Households with incomes between 100% and 400% of the federal poverty level are eligible for lower costs using these subsidies. Yet, there are still many misconceptions about the ACA health care options available.

Subsidy Misconceptions

Many individuals believe that only US citizens can apply and qualify for subsidies. There are several classes of immigrants that may qualify for Marketplace Coverage. Lawful Permanent Residents, refugees, lawful temporary residents, and Immigration Status.

If you qualify for ACA health insurance, it’s important to make sure you have the right documentation. The Healthcare Marketplace requires additional documentation for specific individuals. These individuals will have 90 days to send the documentation in or lose the subsidy. Documentation to discover the documentation required for your needs.

Qualify For ACA/Obamacare Subsidy

Are you sure you qualify for ACA/Obamacare subsidy? Here are some factors to consider:

  • Have there been any changes in the past year that would that affect your coverage?
    • Marriage
    • A birth or adoption
    • A dependent ‘aging out’ when
      • They qualify for Medicare
      • They turn 26 years of age
  • Do you have all the information needed to choose the best Metal Standard or Network for you?
    • Federal, State, and Private Health Exchanges are available to inform your decision.

Criteria such as age, income, size of household, and geography all play a role in how individuals can qualify. But, once you find the right care for your needs, applications become much easier. Apply through or through the professional agents as TrueCoverage! Our agents make finding the perfect healthcare coverage as simple as dialing a phone number. Of course, there are exceptions.  Check with our Special Enrollment Periods blog for the full story.

Photo by Olya Kobruseva from Pexels

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