On October 4, 2021, the Governors of Kentucky, New Mexico, and Maine announced they had transitioned from the federal health care marketplace exchange to individual state-based health care marketplace exchanges. By developing state-based health care marketplaces, these states can benefit from subsidies created in the Patient Protection and Affordable Care Act (ACA), while also expanding coverage and providing additional state-based subsidies to state residents. The New Mexico marketplace opened for plan viewing on October 1, 2021, while Maine and Kentucky Marketplaces open for plan viewing on October 15, 2021. Open enrollment for 2022 begins in all marketplaces on November 1, 2021. If you need help deciding which plan is right for you, please review Aimed Alliance’s updated open enrollment brochures, here.
The press release on the state-based Marketplaces can be read here.