The 2015 open enrollment period is coming. It starts November 15, 2014 and will end February 15, 2015. This open enrollment will affect just about everyone that has an individual/family health insurance plan. We know you and your family will have a lot of questions. Our goal is to work with you to ensure a smooth transition through this year’s open enrollment period. Michelle Cole & Associates, Inc. is committed to making sure you have the support you need.

Despite assurances from State and Federal authorities, there are concerns that the newly-implemented automatic re-enrollment of exchange health plans may cause confusion. Not all health plans will continue to be offered, and changing circumstances could change both costs and benefits. In addition, some who receive subsidy payments now could get much less if they stay in their current plans. We strongly encourage recipients of coverage to review plan details before automatic renewal!

Besides new plans being offered and potential changes in subsidy amounts, you also need to pay close attention to provider networks available. Each insurance company obviously has their own network of doctors and hospitals but you can also see different networks associated with different plans. For example, you may use one network for a plan that is “on” the Federal Exchange and a different network for plans that are “off” the Federal Exchange.

As you can see, there is still a lot of confusion surrounding the healthcare reform law. Michelle Cole & Associates, Inc. is here to help you make the best decision possible for you and your family. Please call or email us any time. We are here for you!!