New Insurance Carrier Joins Idaho Exchange, Record Number of Plans Available in 2021
Preview plans and prices beginning Oct. 1 at YourHealthIdaho.org
BOISE, Idaho – Your Health Idaho, the state health insurance exchange, announced today that Idahoans will have a record number of medical and dental plans and a new insurance carrier to choose from in 2021.
Regence, which currently sells small group and individual plans off-exchange in Idaho, will offer medical coverage through Your Health Idaho for the first time in 2021. The addition of Regence brings the total number of insurance carriers on the Idaho exchange to seven.
“We are pleased to welcome Regence to Your Health Idaho,” said Pat Kelly, Your Health Idaho Executive Director. “Adding another regional insurance carrier means even more choice for Idahoans and continued local control for the Idaho marketplace.”
Beginning Oct. 1, Idahoans can preview the 136 medical and 13 dental plans that will be available in 2021 online at www.YourHealthIdaho.org.
“When Idahoans visit our website on Oct. 1, they will be able to compare plans, search for preferred providers, and even confirm that their prescription medications will be covered,” said Kelly. “Most importantly, they will get a sense of what plans are available in their area and what they can expect to pay in 2021.”
One in three Idahoans enrolled with Your Health Idaho in 2020 paid $0 for their monthly premium. This savings is due to the monthly tax credit, which only applies to plans purchased through the exchange.
Final 2021 rates will be posted later this week by the Idaho Department of Insurance, but preliminary numbers suggest a 1% increase compared to last year.
The open enrollment period for 2021 health insurance coverage is November 1 – December 15, 2020.
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Your Health Idaho was established by state law in 2013 to provide an online marketplace where Idaho families and small businesses can go to compare and purchase health insurance. Your Health Idaho is governed by a 19-member board authorized by the Idaho Legislature to set the rules and regulations for implementing a state-based health insurance exchange.
For more information, please visit www.YourHealthIdaho.org. You can also check us out on Facebook, Instagram and Twitter.