New federal knowledge exhibits that Maines common particular person medical health insurance premium will drop 13 percent in 2021 the third straight yr state medical health insurance prices have declined, state officers stated.
Maine is amongst solely 4 states within the nation to see insurance coverage prices lower, Maine Division of Well being and Human Sources officers stated in an announcement on Tuesday.
The announcement comes with open enrollment on the Well being Insurance coverage Market beginning on Nov. 1 till Dec. 15. {The marketplace}, or change, was created as a part of The Affordable Care Act for Individuals who dont get medical health insurance by an employer or a authorities program. Mainers can go to HealthCare.gov to match protection plans, decide whether or not they qualify for monetary help and join a plan, officers stated.
Nobody ought to should stay in concern of not with the ability to see a physician, fill their prescriptions or obtain life-saving care, particularly in the course of a pandemic, Gov. Janet Mills stated within the assertion.
The info signifies that subsequent yr, 60 p.c of Maine HealthCare.gov prospects pays lower than $75 monthly for medical health insurance, whereas 40 p.c pays below $10 a month, officers stated.
Eligible Maine individuals can join MaineCare, or Medicaid, at any time. Mainers can discover each choices at CoverME.gov. Three insurance coverage corporations are providing Mainers 56 plans by {the marketplace}, officers stated.
Final yr, 107,000 Mainers, or eight p.c of the states inhabitants, had no medical health insurance. People incomes $17,609 a yr or much less, or households of 4 incomes $36,156 or much less, are eligible for MaineCare, officers stated.
Mainers incomes lower than $51,040 for a single particular person, or below $104,800 for a household of 4, can get lowered premiums by {the marketplace}. This yr, 86 p.c of Mainers shopping for protection by {the marketplace} certified for lowered premiums, officers stated.
Beneath Mills first govt order, MaineCare expanded for low-income residents, with as much as 90 p.c of the price funded by the federal authorities. Due largely to protection protections created because of the pandemic, enrollment in Medicaid elevated by 40 p.c to 62,896 from March 2 to Oct. 1, officers stated.
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