Marylanders are getting an early Holiday gift!! The new Executive Director of the Maryland Health Exchange, Michelle Eberle, announced today that Open Enrollment for 2018 will be extended until Friday, December 22nd to allow people more time to shop and sign up for benefits.
In an article in the Baltimore Sun, she stated:
"There is a strong indication that we are going to have a lot of folks coming back for renewal and a lot of new folks who heard about what’s going on,” said Michele Eberle, the incoming executive director of the Maryland Health Benefit Exchange. “Once again we’re hearing from consumers how important having health coverage is to them. … They’re grateful to have insurance.”
MHBE reports that enrollment is up about 12% above this same period last year, and on the Eastern Shore, numbers are reported to be up by as much as 40%. But due to the truncated enrollment period and last minute premium increases caused by actions of the Trump administration, MHBE administrators felt this extension would allow people to shop around and consider a more comprehensive gold plan, that could be a better value by reducing deductibles in exchange for slightly higher premiums. Those buying more moderate silver plans should consider buying directly from an insurer, as some premium increases approved by regulators only affect the silver plans bought through the exchange.
Last year, 9 out of 10 Marylanders received financial assistance in purchasing a health plan on the exchange. This year, many people who receive a tax credit may find that their premiums are available at much lower rates than last year, if not for free.
Navigators are standing by, and bi-lingual assistance is available. Enroll today!