Wasn't this supposed to be the other way around?Blue Cross extends deadline for off-market plans | Crain's Detroit Business
Blue Cross extends deadline for off-market plans
The state's largest health insurer on Monday gave some people an extra week to buy insurance in time for coverage that would kick in on Jan. 1, saying that roughly half of those purchasing plans on their own can skip enrollment on the government's website.
Blue Cross Blue Shield of Michigan said the extension until Dec. 31 applies to consumers not qualifying for subsidized premiums on the federal insurance market. The "off-marketplace" plans are identical to those on www.healthcare.gov but only available to those making too much to receive tax credits.
The announcement came the same day the Obama administration extended by one day — until today — the deadline to sign up on the exchange for coverage that begins New Year's Day. Open enrollment ends March 31.
The tax credits will make premiums more affordable for households earning between 100 percent and 400 percent of the poverty line. That's about $11,500 to $46,000 for an individual, and roughly $23,500 to $94,000 for a family of four.
For those making more than that, "we can enroll you right away," said Terry Burke, Blue Cross' vice president for individual business. He added that consumers qualifying for premium subsidies who are interested in a Blue Cross plan can cut their call time in half by first registering at healthcare.gov.
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