If you have questions about these plans, we offer personalized virtual or in-person appointments with plan experts who can set up a plan review or answer your questions. Consumers can also choose these dental or vision plans even if they select a different company for their base health plan. These options do not appear on the federal marketplace, but insurers who offer these types of coverage typically include them on their own websites.įor example, Horizon BCBSNJ’s website lets consumers review the low-cost dental and vision plans it offers to individuals and gives them the option of conveniently bundling either or both with a health plan. ![]() Protect your whole healthįor many NJ consumers, open enrollment is a time to secure coverage that meets needs not included in a traditional health plan like dental or vision coverage. If you don’t, you will pay a penalty when you pay your state taxes. So, if you don’t get coverage from your employer or qualify for Medicare or Medicaid, you need to select a health plan during open enrollment. Under New Jersey’s “individual mandate” in place since 2018, almost every state resident must have health insurance. Since the introduction of Affordable Care Act plans in 2014, more New Jerseyans have chosen a plan from Horizon BCBSNJ than from any other health insurer. To get an estimate, including any available financial assistance, consumers can enter a few pieces of information into Horizon’s online shopping site, which also offers comprehensive information about the plan options offered by Horizon, the state’s largest health insurer. Now you can, in just a matter of minutes. If you’re one of the 90 percent of people in the exchange who qualify for financial assistance, you’ll still want to know what you’ll actually pay. Find out the price of your plan in under two minutes Under ARP, individuals earning $77,280 and a family of four with income up to $159,000 are now eligible for financial help. These changes, coupled with a New Jersey law enacted by Governor Phil Murphy, boost state subsidies for eligible consumers and enable higher-income consumers to qualify for assistance for the first time. Under changes from the ARP, no one pays more than 8.5 percent of their income for health insurance in the individual market (as measured against the benchmark plan ). That’s due primarily to the enactment of the American Rescue Plan Act of 2021 (ARP), which significantly increased the amount of financial help available in 2022 to consumers. More consumers who purchase insurance through the individual market qualify for financial help than ever before. About 9 out of 10 residents now qualify for financial help For 2022, Horizon’s OMNIA Silver Value plan is among the lowest priced in its metallic class, and Horizon’s new Silver Value Access Plan has the lowest premium of all ACA plans in its four-county service area, featuring a portion of the Horizon network that includes Atlantic Health System and Hunterdon Healthcare for residents of Hunterdon, Morris, Sussex and Warren counties. Nearly three-quarters of all consumers in the individual market have a Silver plan. Horizon continues to offer competitive pricing and value, particularly with its Silver tier plans. ![]() But, most consumers use open enrollment as an opportunity to consider which health plan option is best suited to their health and financial needs. If you’re happy with your current plan, and it’s still offered, re-enrolling should be simple. You have many options for coverage when choosing a plan on the individual market. (To have coverage starting on January 1, you must have enrolled by December 31, 2021.)Īside from additional financial help with monthly premiums, what else is in store for ACA health insurance consumers in 2022? Here are six things to know about finding a health plan that works for your health and budget. If you don’t have health insurance through an employer or Medicare/Medicaid and buy your own coverage through the individual market, you must sign up by January 31 for Affordable Care Act (ACA) or “Obamacare” coverage starting February 1. But you must meet the open enrollment deadlines to qualify – and those deadlines are approaching fast. To make health insurance more affordable in 2022, New Jersey and the federal government are offering more financial assistance than ever.
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