Industry Updates
HOT NEWS
Low-income individuals will be able to sign up for Marketplace coverage year-round!
Again this year, people with annual income up to 150% of FPL ($20,385 for a single person and $34,545 for a family of 3 in 2023) will be able to enroll in marketplace plans year-round. The new low-income SEP, first offered in 2022, will continue to be available this year. Everyone is strongly encouraged to sign up for 2023 coverage during Open Enrollment, if possible, to ensure coverage throughout the year. However, low-income people who miss this deadline will still be able to sign up. People who elect the low-income SEP will have new coverage starting on the first day of the month after they sign up.
2023 Open Enrollment Period is Here!
Specific to Medicare Parts A & B
Per Medicare & You handbook 2023, beginning January 1, 2023, consumers who missed enrolling in Medicare when eligible due to special circumstances may be able to sign up for Medicare during a Special Enrollment Period. Consumers should contact Medicare for more information.
Beginning January 1, 2023, CMS has changed the General Enrollment Period. The GEP is still from January 1 – March 31 each year; however, the Medicare coverage will begin the month following Medicare enrollment. Previously the Medicare effective date was July 1.
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