The biggest news with O & E is that there have been (if you have been reading newspapers) substantial price hikes on premiums. Experts say this is because insurance companies started out initially charging premiums that were too low and are adjusting, and also because some insurers are pulling out of the exchanges, according to published reports. Consumers should also be aware that if they smoke or use tobacco they can be charged higher premiums for coverage.
What is really important is that consumers shop around for the best plan (which may not necessarily be the cheapest), and also learn if they qualify for a subsidy to help cover the cost of premiums. According to the U.S. Department of Health and Human Services, if a consumer qualifies, he or she can earn extra savings on out-of-pocket health care costs. But only if they enroll in a plan in the Silver category.
More than 90 percent of Americans now have health insurance, according to the White House. Health centers have provided over 18 million assists with enrollment since 2013.