In 2010, the Affordable Care Act was passed and signed into law. This law will increase access to healthcare through the expansion of Medcaid and newly created health insurance exchanges. It is estimated that over 500,000 Mississippians could gain health insurance through the new law. According to the Center for Mississippi Health Policy, nearly twenty percent of Mississippians are uninsured. Once the law is fully implemented, approximately 300,000 Mississippians would gain access to health care coverage.
The process begins on October 1st and the health insurance marketplace can be accessed through the internet at http://www.healthcare.gov. This website will direct individuals, families, and small businesses in MS to compare health insurance coverage and find affordable, private health care plans. Additionally, if individuals with incomes between 100% and 400% of the federal poverty level, may qualify for subsidies or tax credits that could pay for health insurance. It is estimated that 229,000 Mississippians will be eligible for health insurance subsidies.
The Health Insurance Marketplace opens up for enrollment on October 1st. Please go to http://www.healthcare.gov to enroll.