Release Date: September 20, 2019
Your Health Idaho announces health insurance options for 2020
Record number of plans means more choice than ever before for Idahoans
BOISE, Idaho – Idaho families and small businesses will have a wide range of options for medical and dental insurance next year. Today, the Your Health Idaho Board of Directors certified a record 308 plans for 2020.
“With so much confusion and uncertainty dominating the national healthcare conversation, Your Health Idaho is pleased to offer Idahoans more choice than ever before when it comes to health insurance,” said Pat Kelly, executive director of Your Health Idaho.
The Idaho Department of Insurance will post final plan rates next week, but preliminary numbers suggest a modest year over year increase. Your Health Idaho is the only place where Idahoans can receive a tax credit to help offset the monthly cost of coverage, and as premiums increase, tax credits also increase to keep pace.
“Idahoans are often surprised to learn just how much they can save on health insurance by taking the time to compare plans and find the best option,” said Kelly. “In fact, one in four Idahoans enrolled with Your Health Idaho in 2019, qualified for $0 monthly premiums.”
Unique to the 2020 enrollment year is the implementation of Medicaid expansion. Under expanded Medicaid, approximately 18,000 Idahoans currently enrolled with Your Health Idaho will be newly eligible for Medicaid coverage beginning January 1, 2020.
Eligibility for both Medicaid and premium tax credits are determined by the Idaho Department of Health and Welfare. More information about Medicaid expansion, tax credit eligibility, and other assistance programs can be found at LiveBetterIdaho.org.
Starting October 1, Idahoans can preview and comparison shop 2020 medical and dental insurance plans at www.YourHealthIdaho.org.
The Open Enrollment period for 2020 health insurance coverage is November 1 – December 16, 2019.
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.