NJ Obamacare enrollment begins Nov. 1; why are premiums rising again?
While the debate continues to rage over the best way to provide health coverage, "my personal opinion is we're halfway up the ACA mountain," Gov.
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Murphy spoke Wednesday at a kickoff for the open enrollment season for the Affordable Care Act, popularly known as Obamacare, during which consumers who aren't covered by their employer or Medicare can find health insurance for 2020. It affects about 300,000 New Jerseyans.
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The program launches while the seemingly endless tug-of-war over Obamacare continues.
The Trump administration and 18 states have argued the law is unconstitutional and have asked a federal appeals court to throw the law out. Meanwhile, some Democratic presidential candidates are calling for an overhaul through a Medicare for all program.
See the video above for one medical school's bid to train a new generation of doctors.
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That battle, however, won't affect New Jerseyans' health insurance for next year.
What you need to know:
What are the basics?
Sign-up begins Friday and runs through
Consumers signing up through the exchange are eligible for subsidies to lower the monthly premiums if they make less than four times the federal poverty level --
What are my choices?
Premiums for 2020 have increased on average 8.7%. The breakdown:
Didn't premiums fall last year? What happened?
Yes, they declined 9% last year thanks in part to a
Now it appears the state is back to grappling with rising health care prices. By one measure, employer-sponsored insurance spending rose 16.8% in
That was due more to an increase in prices than excessive use of services, said
Meanwhile, health insurers can charge an administrative fee of up to 20% in the individual market, "so as the prices go up on the medical costs, the administrative fees go up as well," she said. "All leading to overall higher premium prices."
It's too complicated. Where can I get help?
The Murphy administration awarded a total of
They are: Fulfill in
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