Becker's Healthcare April 14, 2017
CMS issued a final rule Thursday aimed at stabilizing the ACA’s individual health insurance market.
Here are five things to know about the final rule.
1. The annual open enrollment period is shortened from three months to six weeks under the final rule. The 2018 enrollment period will begin Nov. 1 and run through Dec. 15. This change will help encourage individuals to enroll in coverage prior to the beginning of the year, according to CMS. Timothy Jost, a law professor at Washington and Lee University and a health law expert, told The Wall Street Journal shortening the open enrollment period may result in fewer younger consumers enrolling in coverage because they historically sign up for coverage toward the end...