Health Insurance Marketplace for open enrollment for 2023 has begun

CHICAGO – The Open Enrollment period for the Affordable Care Act Health Insurance Marketplace runs through January 15, 2023. Once again, residents will benefit from having an additional month to enroll, just as they did last year. The Illinois Department of Insurance also released health insurance rates for the 2023 Plan Year, announcing that there are eleven companies offering ACA Marketplace plans. There were eleven issuers in plan year 2022, eight issuers in plan year 2021, and five in plan year 2020. In some areas of the state, consumers will again see a decrease in health insurance premiums this year, and other areas will see moderate increases, with the majority of counties having rate changes between 0% and 10% in the second-lowest cost Silver plan.*
“We’re excited to welcome a new health insurance carrier to the ACA Marketplace this year with Aetna Health Inc. offering health plans in Cook, Lake and McHenry counties,” said IDOI Director Dana Popish Severinghaus.
Last year, 323,427 Illinoisans selected health plans on the ACA Health Insurance Marketplace during Open Enrollment and 12,938 consumers selected their plans during the last month of enrollment from December 15th to January 15th.