Health Insurance & Medicare Changes Coming Next Year
2024 Health Insurance & Medicare Changes
Modern Health Solutions
Health Insurance & Medicare Changes Coming Next Year
ACA / Marketplace Changes
Medicare Changes
Group Health Changes
Random Other Changes
Health Insurance & Medicare Changes Coming Next Year
ACA / Marketplace Changes
- Expanded Marketplace subsidies for Affordable Care Act plans will stay in place through 2025
- Fewer options – government is trying to “standardize” plans so they have the same coverage, regardless of which company you have & are limiting the number of non-standardized plans
- The “family glitch” has been fixed, potentially making 3-5 million more Americans eligible for a tax credit / subsidy
- Millions who were kicked off Medicaid are getting coverage through the Marketplace
- A health insurance plan is considered affordable if it is 8.39% (or less) of your income
- More people will be eligible for a Marketplace subsidy even if their job offers coverage
Medicare Changes
- Cost sharing in the “catastrophic stage” of Prescription Coverage is now $0
- $35 cap on insulin for a one-month supply
- One company now has a fitness reimbursement benefit that can be used for golf clubs, bikes, fishing poles, etc.
- Medicare Advantage plans are becoming more popular overall in all areas of NE, IA, & KS
- This means Medicare Supplements are decreasing in popularity
- Medicare Cost Plans are no longer offered in many rural counties in Nebraska
Group Health Changes
- We are seeing a DECREASE in the amount of people covered under traditional group health insurance due to:
- Expanded ACA subsidies, HRAs, and now the “family glitch” being fixed, higher group plan prices
- Independent contractors can now be included on some group plans
Random Other Changes
- Fewer private market plans options due to new government action
- Hearing aids can now be purchased over-the-counter (OTC)
This Member News/Hot Deals is promoted by Council Bluffs Area Chamber of Commerce.
