TL/DR –
The Affordable Care Act’s annual open enrollment period commences on November 1, with enrollees asked to update their information or be automatically reenrolled in their current plan or a similar one. Recent changes have seen an increase in insurance scams and unregulated adverts, prompting consumers to be cautious about their sources of coverage and always use the official federal marketplace’s website. Additionally, insurance premiums are expected to rise by an estimated median of 7% in 2025 due to rising health costs, but most people who buy ACA coverage will be eligible for a subsidy to offset much of the increase.
Affordable Care Act’s Annual Enrollment Season Begins Soon
The Affordable Care Act’s annual open enrollment season for health plans is set to begin Nov. 1 and lasts through Jan. 15. Current enrollees who don’t update details or choose an alternative will be auto-enrolled in their present plan or a similar one if unavailable.
Avoid Advertising Scams
Beware of fraudulent advertisements promising exorbitant cash cards for groceries or rent in exchange for plan enrollment or switching. Scam ads like these are common on social media and online sites. Also, many sponsored search results for “Obamacare” or “cheap health insurance” are unofficial sites offering limited non-ACA coverage that disqualifies federal subsidies.
Insurance Verification and Premiums
Authorities have seen a rise in fraudulent health coverage offers requiring consumers to join an LLC or affirm employment for a particular company. These are often non-ACA products, providing minimal coverage. Premium rates for 2025 will see an estimated increase of 7% according to KFF analysis.
New Changes This Year
- “Dreamers” can now enroll in ACA coverage and are eligible for subsidies.
- Short-term plans can only be issued for up to four months of coverage, based on a recent Biden administration action.
Longer Sign-Up Process
Federal regulators have seen a surge in complaints about unauthorized enrollments by agents seeking commissions. This has resulted in new rules and a longer sign-up process, especially for those working with new agents.
Consider Shopping Around
Experts advise checking if your prospective plan includes preferred doctors and hospitals, covers your prescriptions, and charges reasonably for them. With several available options, it’s advisable to shop around and compare. In most states, consumers must enroll by Dec. 15 for coverage beginning Jan. 1. Some states have different timelines.
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