Health Insurance Marketplace
What is the health insurance exchange?
An online marketplace that becomes available October 1, 2013 where consumers and small businesses can shop for health insurance under the Affordable Care Act. The goal of the exchange is to make health insurance more comprehensive and affordable. Every state will offer an exchange. Maine has opted to have its exchange run by the federal government (accessed at www.healthcare.gov).
Which carriers will offer plans on Maine’s exchange?
Two health insurers have been approved to sell policies on Maine’s exchange as follows:
- Maine Community Health Options, a non-profit entity offers a variety of plans for individuals and small businesses on the Marketplace. They are contracting with ALL Maine hospitals and providers, including York Hospital. We recommend these products. For more information, visit www.maineoptions.org.
- The other plan, created by Anthem Blue Cross and Blue Shield, is a partnering effort between Anthem and Maine Health, the parent corporation of Maine Medical Center and it EXCLUDES coverage for care at several Maine hospitals and MANY physicians, including York Hospital and our physicians. It is important to note that the Anthem marketplace plans for individuals and businesses exclude York Hospital and physicians associated with York Hospital. If you purchase the Anthem plan on the exchange for yourself or your employees, coverage for services at York Hospital and associated physicians will not be offered.
What levels of plans will be available?
Maine Community Health Options will offer a variety of plans. Premiums do vary, as do deductibles and out-of-pocket costs. Also, keep in mind that many will be offered subsidy help and tax credits to help defray the costs of these plans. Click here to compare the MCHO plans.
When can I shop on Maine’s exchange?
Enrollment in the plans begins October 1, 2013, with the plans taking effect Jan. 1, 2014. Maine Community Health Options already has helpful information available on their website about the plans they are offering. We encourage to you visit their website, or call them for more information at 207-402-3330.