Open Enrollment 2023: Vermontists can enroll in health insurance starting now

Vermont Business Magazine November 1 marks the first day that Vermonters can sign up or change their health and dental plans for 2023. Thanks to a new law extending financial aid through 2025, Vermonters can get low-cost health plans that they cover preventative care such as mental health services and annual checkups.

Vermonters can save on the amount they pay for plans, called premiums, if they qualify and sign up for the health insurance market. Tens of thousands of Vermonters already use this financial aid, called federal subsidies or tax credits, to purchase insurance through Vermont Health Connect. More financial aid is available through the federal government this year, and more Vermonters who have access to employer health insurance can get this help through the market.

“Vermont has one of the lowest uninsured rates in the country,” said Andrea De La Bruere, Vermont Department of Health Access Commissioner. “We in the Department have strongly supported financial aid so that Vermonters can become and remain insured through affordable and accessible health plans.”

Over 90% of people who sign up through the health insurance market qualify for financial aid. 25% of subscribers pay less than $ 25 per month for their health plans, and 10% pay less than $ 10 per month. For plan year 2023, an eligible individual earning $ 40,000 per year could get the cheapest Gold plan for $ 195 per month, a saving of $ 699 per month thanks to federal subsidies. A family of four with a family income of $ 100,000 could get the same plan for $ 721 per month – a monthly savings of $ 1,737 or more than $ 20,000 per year.

“A few years ago, I had Medicaid coverage. When I started earning more, I no longer qualified, “said Kay Greenwood of Bennington.” This year I reached out to an assistant who helped me find out how much the health plans cost and what they covered. of stress and I signed the plan that’s right for me, with no gaps in health care or insurance coverage. ”

In the past, people who had access to health insurance through a family member’s job were typically barred from getting cheaper coverage through the market. This year, a solution is in place. Now, more Vermonters whose employer-sponsored plans are expensive are eligible for subsidies. The solution could make health insurance more affordable and within reach.

It’s best to sign up by December 15 to ensure member protection throughout 2023. Coverage will begin on February 1, 2023 for people who sign up between December 16, 2022 and January 15, 2023.

Signing up is easy:

· Create an account and tell us about your family. You will be screened to see if you are eligible for benefits to help pay for a health plan.

The easy-to-use plan comparison tool for 2023 health plans is designed to help you choose a plan that best meets your financial and medical needs.

Assistants are professionals trained and certified by the Department of Vermont Health Access to help Vermontists enroll and maintain health coverage. They can answer questions and guide you through an application. Assistants work for various community agencies such as hospitals, health workers, and community organizations.

Find out how to calculate if employer sponsored insurance is affordable or if you can get financial help through the market with this online tool.

Vermont Health Connect is the place where individuals and families can purchase and sign up for health insurance. Vermonters can learn more by visiting, calling the Customer Support Center at 1-855-899-9600, or contacting an in-person assistant near you.

11.1.2022. Waterbury, VT – Vermont Health Connect

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