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Health insurance enrollment now open

Open enrollment for the Michigan Health Insurance Marketplace began Nov. 1 with a deadline of Dec. 15.

The Michigan Department of Insurance and Financial Services is encouraging consumers interested in purchasing health insurance to sign into Healthcare.gov to shop for 2020 plans.

The good news, according to a DFIS press release, is Michigan consumers have some of the largest number of companies to choose from among all Healthcare.gov states, and rates have either dropped for many plans or risen only modestly. Help is available at DIFS to help consumers be better informed of their options.

“Consumers in search of insurance options have a significant number of plans through Michigan’s Health Insurance Marketplace to meet the needs of their families,” DIFS Director Anita G. Fox said. “DIFS is available to assist consumers in making these selections.”

The DIFS Health Insurance Consumer Assistance Program’s website, michigan.gov/HICAP, contains information on the Marketplace and the Affordable Care Act. Consumers who wish to speak to someone about their questions or concerns may call 877-999-6442.

Depending on income, income tax credits are available for plans on the marketplace. The credits can be used to lower premiums immediately.  Those consumers who chose a Silver plan may also qualify for reduced deductibles and copays.

 “Michiganders can shop on Healthcare.gov, without obligation, to price plans and see what tax and other savings may help make coverage more affordable,” Fox said.

Healthcare.gov does not require consumers to fill out an application to receive a personalized estimate. During Open Enrollment, consumers may purchase health insurance through the marketplace, a licensed insurance agent, an assister or navigator, or directly from a health insurance company.

DIFS recently completed the review of health insurance rate change requests for the individual and small group markets. The average changes a consumer will see is a decrease of 2.5 percent in the individual market and an increase of 3.8 percent in the small group market.

The final approved Rate Change Request Charts are available online. 

Nine insurance companies are in the Michigan market, with some counties having up to 80 plans available to consumers. Since 2017, Michigan has had the largest number of companies per county among all Healthcare.gov states. Over 96 percent of current enrollees have 3 or more companies available.

The current list of insurers offering plans on the Marketplace includes Blue Care Network, Blue Cross Blue Shield of Michigan, McLaren Health Plan Community, Meridian Health Plan of Michigan Inc., Molina Healthcare of Michigan, Oscar Insurance Company, Physicians Health Plan, Priority Health and Total Health Care USA.

More information about DIFS or services provided can be found at michigan.gov/DIFS.

 

 

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