Open enrollment to buy or change 2020 health insurance on the federal marketplace ends Dec. 15, 2019. All plans cover essential health benefits, pre-existing conditions and preventive services.
If you don’t act by December 15, you can’t get 2020 coverage unless you qualify for a Special Enrollment Period. Plans sold during Open Enrollment start January 1, 2020.
What has Changed with the ACA?
Taxpayers are still obligated to carry health insurance, either through their employers, through the ACA Exchange, or by independently selecting and paying for their own ACA-compliant plans. But beginning in 2019, they no longer have to pay a financial penalty if they don’t.
There has been a significant push from sellers of “short-term” plans that don’t have to cover all the benefits required under the health law, like pre-existing conditions or mental health.
Lower Premiums in Arizona
Arizona is one of the states that is expected to see a decrease in ACA premium costs by approximately 17%.
If you don’t act by December 15, you can’t get 2020 coverage unless you qualify for a Special Enrollment Period.
Tax Credit
The tax credit is refundable, and can be paid directly to taxpayers or the money can go to their insurers, thus reducing premiums in the upcoming year. The amount of the credit depends on a taxpayer’s income, and it’s not available for those who qualify for Medicaid or KidsCare – Arizona’s Children’s Health Insurance Program (CHIP), those who are eligible for Medicare Part A, or those who have employer-sponsored coverage available that’s considered to be affordable.
You May be Eligible for Medicaid
Click here to see if your household income qualifies for free or low-cost Medicaid. Arizona Health Care Cost Containment System (AHCCCS) is Arizona’s Medicaid agency that offers health care programs to serve Arizona residents. Individuals must meet certain income and other requirements to obtain services.
