Medical Billing Blog

MBR Take-Aways

1. If you want your coverage to begin on January 1^st, 2014, you must acquire insurance before Dec. 15.
2. February 15^th, 2014 is the last day you can get coverage and avoid being liable for a penalty.
3. Open enrollment period actually will run until the end of Mar. 2014.

MBR Take-Aways                      

1. The “silver plan” will cost an average of $328 a month for individuals across the US
2. Prices were lower in states with more competition among insurers and higher in states with fewer players
3. The Obama administration is counting on signing up 7 million Americans in the first full year of reform

On Tuesday, the Obama Administration released the first detailed look at premiums to be charged to consumers for health insurance bought on the new insurance markets mandated by the 2010 Patient Protection and Affordable Care Act. Information released on Tuesday is based on approved insurance plans in the 36 states where the federal government will operate the insurance exchange.