Sept. 29, 2021
This week, we begin delivering Hot Topics for the individual ACA market. Expect product information, enrollment tips, regulatory updates, and other critical and time-sensitive news to help you get ready for the hottest time of the year.
New ACA Final Rules from CMS
What’s new: On Sept. 17, CMS announced new final rules that affect the individual ACA market. The two most notable changes include an extended open enrollment (OE) season and a new special enrollment period (SEP).
Longer OE period: ACA open enrollment will extend through Jan. 15, 2022. Consumers who enroll in a qualified health plan on or before Dec. 15 will have a Jan. 1 effective date. Those who enroll between Dec. 16 and Jan. 15 will have a Feb. 1 effective date. The beginning of OE remains Nov. 1.
New SEP: A new monthly SEP will allow consumers with a projected annual household income no greater than 150% of the federal poverty level to enroll in Marketplace coverage with low or no premiums after tax credits are applied.
Get the details: Read CMS' press release and detailed fact sheet for more information.