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The state is launching a new insurance marketplace to tailor options for Virginians.

by Celia

Virginia’s insurance marketplace is now open for those who need to enrol. Enrolment will remain open until 15 January for 2024 coverage.

This new resource completely replaces the former HealthCare.gov as the designated health insurance marketplace for the state. The Marketplace makes selecting an insurance plan a “one-stop shop” and connects Virginians with affordable health plans that cover essential health benefits.

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The Virginia General Assembly created the Marketplace to help Virginians get and stay enrolled in affordable health insurance. Virginia Health Benefit Exchange Director Keven Patchett said consumers will still be able to buy the same health insurance plans that were available through HealthCare.gov, and nearly nine out of 10 customers will qualify for financial savings.

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“Right now, consumers should not see any increase in the cost of their health care, which is a better thing for Virginia than other states are seeing right now with their health care costs, and health insurance costs have risen significantly this year,” Patchett said.

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This new state-based marketplace is entirely focused and dedicated to the needs of Virginians, and can even help those who’ve lost or are about to lose Medicaid coverage. From March 2023 to February 2024, Virginia will review Medicaid health coverage to see who still qualifies. Those who don’t qualify will be able to enroll in a new health plan, according to the website.

“In some cases, those individuals will find that they may still be eligible for Medicaid, and we’ll be able to make that determination, get them re-enrolled in Medicaid through the state Medicaid agency, and if not, we have a wide range of resources available,” Patchett said.

You can speak with a Help Centre representative by phone, virtually or in person to learn about your options.

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