On March 23, 2010, President Obama signed the Affordable Care Act (ACA). The law put in place comprehensive health insurance reforms that will roll out over a series of years. Some of these reforms are focused on health insurance companies and mandates for coverage, many of which have already been implemented. Another component of the ACA requires that Americans purchase health insurance coverage.
The Open Enrollment period for 2015 coverage starts today, November 15, 2014 and will run through December 15, 2014.
What’s New Thanks to ACA
- All health insurance plans have to cover important benefits, like doctor visits, hospitalizations, prescriptions, and more.
- The costs and benefits of each plan must be explained in easy-to-understand language.
- You can’t be denied coverage for a pre-existing condition.
- Preventive care is free, free, free.
Important Dates for 2015 Coverage
- November 15, 2014: Open enrollment begins.
- December 1, 2014: Healthy PA Medicaid Expansion Enrollment begins.
- December 15, 2014: The last date to enroll for coverage that starts January 1, 2015.
- December 31, 2014: Date when all 2014 Marketplace coverage ends, no matter when you enrolled.
- January 1, 2015: The date 2015 coverage can start if you apply by December 15, 2014, or if you accept automatic enrollment in your 2014 plan or a similar plan.
- February 15, 2015: The last day to enroll in 2015 coverage. If you miss this deadline, you can’t sign up for a health plan inside or outside the Marketplace for the rest of 2015. The only exception is if you qualify for a Special Enrollment Period.