Understanding Open Enrollment

The 2016 Open Enrollment Period is right around the corner, which is why we’re offering a Health Care Estimator on our website to help you identify and select the best health coverage for you and your family. Open Enrollment refers to the annual period of time during which individuals have the opportunity to buy health insurance plans through the online, state-based health insurance exchanges established by the Patient Protection and Affordable Care Act.

From November 1, 2015 to January 31, 2016, you will be able to enroll, re-enroll, or change plans through the Health Insurance Marketplace for 2016. While new rates and plans have yet to be released, we at King Street Agency are preparing for open enrollment by working with clients to review their current plan— an important first step to establish whether or not changes will need to be made.

Unless you have health insurance through a job, Medicare, Medicaid, the Children’s Health Insurance Program, or an alternative source that delivers qualifying coverage, you will need to enroll in a plan through the Marketplace.

How To Enroll

We strongly recommend logging in to our Health Care Estimator before November 1st to update your expected income and make necessary changes to your household information. By doing so, you will see if you qualify for a subsidy that will help offset the cost of your insurance plan.

A subsidy is financial assistance that helps you afford your health insurance plan. The Federal Government makes two different kinds of subsidies available, both of which are dependent on how your income compares to the federal poverty level, your family size, and how much health insurance costs where you live.

How We Can Help

Our Health Care Estimator simplifies open enrollment and walks you through the process. From beginning to end, we are available to answer questions, to review your plan, and to help you find the right insurance for the right price