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Affordable Care Act enrollment opens Tuesday, and your premiums may decrease

A stethoscope with the cord in the shape of a dollar sign.
iStockphoto.com
A stethoscope with the cord in the shape of a dollar sign.

Open enrollment for the public health insurance marketplace begins Tuesday. Plans for both individuals and families may be cheaper than in years past.

The recently passed Inflation Reduction Act extended pandemic-era enhanced tax credits that lower the cost of premiums for individuals and families.

Olivia Riutta with the Montana Primary Care Association says, What we’re seeing are some of the best prices that we’ve seen in a long time because of these enhanced affordability measures.”

Riutta says those tax credits can now be extended to family members of workers who qualify for subsidized individual coverage, making family coverage cheaper. She says the only way to know how much a family can save compared to the past is to apply.

Those who want or need in-person, online and phone support during the application process can go to covermt.org. Enrollment is open Nov. 1 through Jan. 15.

At last count more than 51,000 Montanans were insured through the marketplace.

Aaron graduated from the University of Minnesota School of Journalism in 2015 after interning at Minnesota Public Radio. He landed his first reporting gig in Wrangell, Alaska where he enjoyed the remote Alaskan lifestyle and eventually moved back to the road system as the KBBI News Director in Homer, Alaska. He joined the MTPR team in 2019. Aaron now reports on all things in northwest Montana and statewide health care.
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