Dec. 15 marked the deadline for individuals to sign up or choose a new plan in order for coverage to begin Jan. 1, 2015. According to a news release, since Nov. 15, a total of 101,114 individuals have either newly enrolled in a private health insurance plan, qualified for Medicaid coverage or renewed the private insurance plans they purchased last year through kynect.
Over the past 30 days, more than 9,200 individuals have newly enrolled in one of the private health insurance plans offered through kynect. Of those, more than 6,000 qualified for some level of financial assistance to help cover a portion of their premium costs. Another 75,700 individuals have auto-renewed the private health insurance plans they purchased last year through kynect. An additional 16,100 met eligibility requirements for Medicaid, the majority of which qualified for coverage under the expansion.
An individual’s income must fall between 138 percent and 400 percent of the federal poverty level to qualify for the Medicaid expansion. This equates to an individual making less than $16,000 a year or a family of four with an annual household income at or below $36,000.
Open enrollment continues through Feb. 15. Those who need health insurance are being encouraged to log on or contact an insurance agent or kynector to see their options for health coverage in 2015.
