9 Affordable Care Act Facts to Know for Open Enrollment

On this episode of Queer Money, we talk with co-founder and CEO of PolicyGenius, Jennifer Fitzgerald. Jennifer shares with us her insights about the Affordable Care Act (ACA) as it stands today, what everyone should know during open enrollment and her insights as to where the ACA may go under the new presidential administration.

As Jennifer shares, research shows consumers spend more time choosing a phone plan than choosing their healthcare plan. Listen to this informative Queer Money to help choose the best healthcare plan for you.

Listen:

Who is PolicyGenius?

Jennifer explains, “PolicyGenius is a website dedicated to making all lines of consumer insurance easier to shop for and easy to buy. PolicyGenius believes in providing really good advice, decision support and everything wrapped up in a very user-friend, digital user experience.”

Affordable Care Act Today and Tomorrow

We discuss both the pros and cons of the Affordable Care Act as it stands today. While ACA has expanded healthcare to more people than who had healthcare coverage prior to the implementation of ACA, many healthcare companies are leaving states limiting options for coverage. You’ll learn on this show why that is and what it means for healthcare changes in the coming years.

In the state of Colorado, for example, 92,000 people who live outside the Denver-metro are will see the number of plans from which to choose will drop to one within the next couple of years. Regardless of the intentions of the next administration, some ACA changes are inevitable.

Jennifer wrote an article for CNBC with some opinions on the direction of healthcare under the next administration. Another great resource for Affordable Care Act and other healthcare questions is Sarah Kliff’s work at Vox.

Our big take-away from this Queer Money is that regardless of the future of healthcare in America, it’s critical for us to know what’s available to us today and to take advantage of what’s available to us today.

To learn more about PolicyGenius’ tool for researching plans, please visit them here.

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