Medicaid enrollees lose coverage, gain access to marketplace
Millions of people in the United States will lose Medicaid coverage because they no longer qualify based on income. The Families First Coronavirus Response Act prevented state Medicaid agencies from dis-enrolling people during the pandemic. States will start cutting people from Medicaid plans on March 31, 2023.
The U.S. Department of Health and Human Services estimates 8.2 million people will no longer be covered by Medicaid’s continuous enrollment requirement. However, you can get insurance coverage through marketplace plans. A Special Enrollment Period will run from March 31 through July 31.
Five health insurance companies offer plans in Mississippi. They are Ambetter from Magnolia Health, Molina Healthcare, Vantage Health Plan of Mississippi, UnitedHealthcare, and Cigna.
“Individual insurance that you buy on the marketplace is different from the Medicaid coverage you are used to,” Insurance Commissioner Mike Chaney said. “Make sure that the plan you are considering provides the coverage that you need. While low monthly costs are attractive, you also need to consider co-pays and deductibles that you may have to pay later. Check with the provider to see which facilities are in-network.”
Mississippians can see plan options, monthly premiums and more by visiting www.healthcare.gov.