Monday, October 28, 2024

Medicaid Services (CMS) Health Insurance Marketplace 2025 Open...

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The Centers for Medicare ⁘ Medicaid Services (CMS) continues its focus on increasing access to consumer assistance and ensuring robust outreach and education efforts to reach consumers about the opportunity to enroll in or re-enroll in Marketplace coverage. National estimates from the last Open Enrollment Period showed that most consumers qualified for $0 premiums after financial assistance or continued to see annual premium savings exceeding $800, underscoring the continued impact of expanded subsidies made available thanks to the American Rescue Plan Act of 2021 (ARP) and Inflation Reduction Act of 2022 (IRA). More consumers than ever before will be able to choose plans from among at least three insurance issuers. CMS also invested $100 million in grant funding for new and returning Navigator organizations for the 2025 Open Enrollment Period. The grants are part of a commitment of up to $500 million over five years – the longest grant period and financial commitment to date, and a critical boost for recruiting trusted local organizations to help consumers find the right health coverage option, complete their Marketplace application, and enroll in coverage. Navigator awardee organizations are available to provide comprehensive assistance through customized educational and outreach activities, especially to underserved communities.

Consumers on HealthCare.gov continue to benefit from greater choices of health insurance issuers. Ninety-seven percent of HealthCare.gov consumers will have access to at least three health insurance issuers for 2025, up from 96% last year.

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