Blue Cross and Blue Shield of Texas Offering Quality, Affordable Plans During Open Enrollment

Eligible individuals could qualify for $0 month-to-month funds on some plans

RICHARDSON, Texas, Dec. 1, 2022 /PRNewswire/ — The Open Enrollment season has begun and Blue Cross and Blue Shield of Texas (BCBSTX) is providing multiple health plan options — some with $0 co-pays — as half of its persevering with dedication to offer high quality, cost-effective well being care to Texans simply as “we have since the Affordable Care Act (ACA) Marketplace first opened.”

The Open Enrollment period for the Marketplace ends Jan. 15, 2023. For protection that begins Jan. 1, 2023, you could enroll by Dec. 15, 2022. No proof of a qualifying life occasion is required to purchase a well being plan in the course of the open enrollment interval.

BCBSTX is providing plans as little as $0 a month for these eligible to obtain premium tax credit.

“Blue Cross and Blue Shield of Texas is committed to expanding access to quality, cost-effective health care,” stated Jim Springfield, BCBSTX president. “We are proud to offer affordable, quality health plan options in every zip code in Texas’ 254 counties, just as we have since the Affordable Care Act (ACA) Marketplace first opened. These plans can be accessed through an unrivaled network of providers and facilities, and some individuals may be eligible for financial assistance. As a customer-owned company, we can take a long-term view and operate in the best interests of our members.”

For 2023, BCBSTX is increasing the MyBlue HMO^SM Plan, a high-performance, lower-cost choice, into six further counties: Tarrant, Hidalgo, Collin, El Paso, Denton, Cameron. The MyBlue HMO^SM Plan can be out there in Bexar, Dallas, Harris, Travis and Williamson counties.

The passage of the Inflation Reduction Act (IRA) this 12 months means extra folks will once more qualify for subsidies to assist pay for his or her medical insurance. Partly consequently of the IRA, 4 in 5 prospects will be capable of discover well being care protection for $10 or much less per thirty days for 2023 after subsidies, according to the Centers for Medicare & Medicaid Services.

In Texas, the Department of Health and Human Services estimates 370,000 Texans could also be eligible for subsidies as a result of of the IRA’s extension of American Rescue Plan subsidies.

Additionally for 2023, in response to the Biden Administration, it is estimated that as much as 1 million folks will grow to be newly eligible for tax credit to assist pay for his or her ACA plans as a result of a brand new rule addressing the “Family Glitch” — which implies households, who beforehand discovered employer-sponsored medical insurance unaffordable, now could have new alternatives for lowered prices.

In an effort to make the method of deciding which plan is greatest for you and your loved ones, BCBSTX has established multiple resources prospects can use to search out out extra information about well being plan choices:

• BCBSTX will host digital open enrollment seminars throughout Texas with Think Blue representatives who can present steerage in English and Spanish. Customers can schedule an in-person or digital one-on-one appointment, in addition to register for a digital or in-person instructional seminar.
• Access to BCBSTX’s Premium Tax Estimator
• Access to the retail shopping cart to discover plans.
• Phone assist is obtainable at 866-427-7497, Monday – Friday: 8 a.m. – 5 p.m. CT.

“We are committed to ensuring that every Texan has access to affordable healthcare coverage throughout their healthcare journey,” stated Springfield.

About Blue Cross and Blue Shield of Texas

Blue Cross and Blue Shield of Texas (BCBSTX) — the one statewide, customer-owned well being insurer in Texas — is the biggest supplier of well being advantages within the state, working with practically 80,000 physicians and well being care practitioners, and 500 hospitals to serve greater than 6 million members in all 254 counties. BCBSTX is a Division of Health Care Service Corporation (HCSC) (which operates Blue Cross and Blue Shield plans in Texas, Illinois, Montana, Oklahoma and New Mexico). Health Care Service Corporation is a Mutual Legal Reserve Company and an Independent Licensee of the Blue Cross and Blue Shield Association.

SOURCE Blue Cross and Blue Shield of Texas