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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsToday Is the Last Day of Obamacare EnrollmentHere's What You Need to Do Right Now
Friday, December 15 is the final day of Obamacare open enrollment. This has been a tumultuous year for Obamacare (aka the Affordable Care Act), to put it lightly, with multiple efforts by the GOP-led Congress to repeal or otherwise gut the seven-year-old health law. But Obamacare is still the law of the land, Americans are still required to carry health insurance in 2018, and Friday is the last chance to sign up for health coverage through Healthcare.gov.
Heres what you need to know about the final day of Obamacare open enrollmentand about where the law may stand next year.
The political hurricane surrounding Obamacare since the 2016 election has led to plenty of confusion among consumers. For one, theres been a flurry of headlines about Congress efforts to gut the Affordable Care Act, and all the uncertainty (and the Trump administrations open antipathy toward the law) has also caused major Obamacare insurance plan providers to pull out of certain markets and raise premiums.
But the Obamacare exchanges are heavily subsidized, and for the vast majority of Obamacare plan holders, premium spikes are made up for by corresponding increases in federal tax credits to help pay those premiums. The lower your household income, the more subsidy credits you get. (Those earning more than 400% of the Federal Poverty Level, or about $48,000 for an individual and $98,000 for a family of four, dont qualify for the tax credits and would have to either bear the brunt of premium increases or pay the Obamacare tax penalty for not having health insurance, which is still in effect for 2018.)
https://www.msn.com/en-us/news/us/today-is-the-last-day-of-obamacare-enrollmentheres-what-you-need-to-do-right-now/ar-BBGMU6F?li=BBnb7Kz&ocid=edgsp
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(10,909 posts)Minnesota (mnsure.org) - enroll by Dec 20 for coverage beginning Jan 1. Enroll by January 14 (last day of any kind of open enrollment) for coverage starting Feb 1.
California ( https://www.coveredca.com/apply/ ) Open enrollment for health coverage in 2018 is happening now and will end on Jan. 31, 2018. If you want your coverage to start on Jan. 1, 2018 you must select a plan by the end of Friday, Dec. 22. )
This is just 2 of several examples of state ACA exchanges with later open enrollment deadlines