This brief describes how consumers will update their eligibility for financial assistance and renew enrollment in a QHP through the federal marketplace. It’s a smart choice for consumers to update their information and compare QHPs, which includes new plan choices in many areas. However, most consumers can keep the level of premium tax credits and cost-sharing reductions that they received in 2014, and be auto-renewed in the same QHP, if available, without taking action. All current enrollees should be strongly encouraged to contact the marketplace, online at Healthcare.gov or by contacting the call center at 1-800-318-2596, to get the right amount of financial assistance and make an active plan selection that best fits their needs for 2015.
November 14, 2014