Enrollment Season for the Affordable Care Act

Enrollment Season for the Affordable Care Act

This Wednesday, the Secretary of the Department of Health and Human Services, Sylvia Burwell talked to reporters and stakeholders about the enrollment season for the Affordable Care Act. Present were also representatives of group that are currently working to increase enrollment. This is the fourth time the Affordable Care Act sees an enrollment season. It is going to run from November 1 to January 31. So those who are still uninsured have three months to sign up for a health plan. Secretary Sylvia Burwell says this is a pivotal time for the Affordable Care Act and its future success.

Building a New Market

Health policy analysts looking at insurance plans under the Affordable Care Act say that it’s possible for rates to go up. Out-of-pocket costs that consumers have to pay are going to climb in 2017. Also, in a number of states, some major insurers have the intention of pulling out of health insurance exchanges.

Speaking at the Department of Health and Human Services headquarters, Secretary Sylvia Burwell was trying to look confident in the chances of success of the Affordable Care Act.

“Building a new market is never easy. We expect this to be a transition period for the marketplace. Issuers are adjusting their prices, bringing them in line with actual data on costs.”

Said Secretary Sylvia Burwell.

Details about the health plans available on HealthCare.gov for the year 2017 are going to be available soon. Federal officials are going to come out with more information regarding the cost of healthcare just days before the presidential election on November 8.

The Future of the Affordable Care Act

The result of the presidential election will determine the future of the Affordable Care Act. The federal health law could be repealed if one side of the presidential race wins on November 8. However, if the other side wins, the law could be in for an overhaul. Since it was passed in 2010, the federal health law has been at the center of a political battle between the Democrats and the Republicans. So far, there have been more than 60 votes in the House of Representatives on the law. Either to repeal all of it or just a part of the measure. The federal health law was even challenged in court. But it did well and remained intact. Despite that, it continues to be challenged in court.

The Secretary of the Department of Health and Human Services made a note of the bitter political battles that were fought over the law, leading to minor setbacks and delays.

“It also hasn’t helped that at nearly every turn, we’ve had to overcome partisan attempts to repeal and undermine the law through legislation and litigation.”

Said Secretary Sylvia Burwell.

According to federal estimates, enrollment is going to grow for next year. The numbers are going to go up from 12.7 million to 13.8 million. That’s one million more people who will get affordable healthcare coverage. The number of consumers who pay the premiums and stay with an Affordable Care Act plan is going to average 10.5 million per month for the year 2016. Estimates say that the same figure is going to be higher in the year 2017, 11.4 million per month.

Image source: Wikipedia

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