Updates on Health Insurance Marketplaces
Updated Feb 28, 2014
On Oct. 1, 2013, Health Insurance Marketplaces (or Exchanges) established under provisions of the Affordable Care Act (ACA) began enrollment in each state. Open enrollment runs from Oct. 1, 2013 through March 31, 2014.
New Rule Will Offer Subsidies for Insurance Policies Bought Outside Exchanges
In a changed policy announced Friday, Feb. 27, 2014, HHS officials agreed to authorize premium subsidies retroactively for insurance purchased in the private market. The change came in response to Oregon's request, due to serious delays ad errors that occured with the Cover Oregon website over several months. The HHS Guidance memorandum, "CMS Bulletin to Marketplaces on Availability of Retroactive Advance Payments of the PTC and CSRs in 2014 Due to Exceptional Circumstances" is online at http://www.cms.gov/CCIIO/Resources/Regulations-and-Guidance/Downloads/retroactive-advance-payments-ptc-csrs-02-27-14.pdf This can mean payments may be available in most states, because technical problems had prevented consumers from using the online exchanges. Read more at New Health Fix... http://www.nytimes.com/2014/03/01/us/new-health-fix-offers-subsidies-for-insurance-policies-bought-outside-exchanges.html?ref=healthcarereform
CBO: Health Law's Increased Access To Health Care Could Lead to 13 million fewer uninsured, but Reduce Hours for some
The Congressional Budget Office report, released Feb. 3, 2014, updated estimates regarding how many people will be able to gain health insurance without necessarily having a job. The healthcare law will reduce the ranks of the uninsured by about 13 million this year and 25 million once it is fully phased in, but will prompt some people to work less because of the availability of insurance subsidies.
U.S. Department of Health and Human Services
U.S. Department of Labor