Recently approved Affordable Care Act (Obamacare) regulations are set to have significant effects on upcoming health insurance enrollment periods.
"Consumers who miss the normal enrollment period will face a longer lock-out period from Obamacare in 2018 as well as a harder time obtaining permission to enroll late on a government exchange," according to marketwired.com.
In addition, "The new regulation cuts the length of the next Obamacare annual enrollment period in half and makes it more difficult to obtain a special enrollment period. The annual enrollment period for 2018 Affordable Care Act plans will begin Nov. 1, 2017, and end only six weeks later on Dec. 15," says Marketwired.
But, there is an upside for those vested in the short-term health insurance industry.
"As a consequence, short-term health insurance's year-round availability for major medical benefits will take on an even greater value within the private health insurance market," reads the article.
Visit agilehealthinsurance.com to learn more about short-term health insurance and its extended availability throughout the upcoming year.