If you are one of those who currently have a health insurance policy that has been in force and unchanged since March 23rd of 2010, you have a grandfathered policy and for 2014 your policy will remain largely the same as it is today. However, if you have a policy effective or that has been changed since March 23rd, 2010, then you have a non-grandfathered policy that must conform to the Affordable Care Act (ACA), more commonly known as Obamacare. Starting January 1st, 2014 your policy will either automatically become ACA compliant or you will be rolled onto an ACA compliant plan. During the open enrollment season you will be given the option of changing plans to another carrier, or switching to a higher or lower benefit plan. During open enrollment you will also be given the option to see if you qualify for a health insurance subsidy through the NC Health Insurance Marketplace. If you have a plan already, you should contact your agent to help you through this process or if you are applying for a new plan, the agent or carrier of your choice will be able to help you see if you qualify. If you currently have a plan in force I recommend making these changes prior to December 15th, 2013. The best time to get these changes made will be late October or early November, because during that period I expect to see a lull in new enrollments and it will be easiest at that point to get in touch with an agent.
Visit our website for more information about open enrollment and Obamacare in NC.
No comments:
Post a Comment