Federal health insurance marketplace gives preview of Open Enrollment offerings

Health insurance marketplace - Keyboard

The Biden-Harris Administration is allowing for some window-shopping for US consumers.

The 10th Open Enrollment period for the health insurance marketplace will begin tomorrow, but US consumers can check out what will be available early, with window shopping for plan choice, affordability and quality.

The federal exchange officially starts accepting enrollments tomorrow, but today you can have a look.

Consumers can head to the health insurance marketplace to preview the options available to them and to consider which coverage best suits their needs and where they can save money. The HealthCare.gov website is now providing detailed information about the plans available for 2023 and the prices being offered in each area. This, ahead of the Marketplace Open Enrollment Period which will begin tomorrow.

Health insurance marketplace - Open Enrollment

The uninsured rate across the country has reached a historic low, and record numbers of Americans are purchasing their plans through the federal and state exchanges.

“Under President Biden’s leadership, the Marketplace is stronger than ever,” said US Health and Human Services (HHS) Secretary Xavier Becerra in a recent government news release. “We are delivering what Americans deserve: high-quality health care at affordable cost. We have been tireless in our efforts to increase competition, drive down costs, and connect people to coverage. We urge everyone to visit HealthCare.gov and find an affordable health plan that best meets their needs.”

Consumers can start to prepare by checking out what will be available at the health insurance marketplace.

“All families have the right to quality, affordable health care coverage. During this Open Enrollment period, consumers will have access to a variety of quality plan options at an affordable price,” said CMS Administrator Chiquita Brooks-LaSure. “We encourage consumers to visit HealthCare.gov and their state-based Marketplaces to preview plans and premiums now so that they’re ready to make selections when Open Enrollment begins on November 1.”

The Inflation Reduction Act that went into effect this year will make it possible for more Americans to qualify for assistance in purchasing their coverage through the health insurance marketplace. Across the thirteen million people who are currently enrolled, the average savings is $800 per year. Four out of every five Americans qualify for a plan that is $10 or less once subsidies have been applied.

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