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The ninth annual open enrollment period (OEP) for the Kansas health insurance marketplace created by the Affordable Care Act (ACA) began on November 1, 2021, and ends January 15, 2022. Coverage for individuals who enrolled by December 15 became effective January 1, 2022. For those who enrolled after December 15, coverage will become effective February 1, 2022. Total enrollment through the Kansas marketplace in 2021 was 109,847 Kansans, including 21,220 Kansans who enrolled during a Special Enrollment Period that ran from February 15 to August 15, 2021.
This brief provides information about plan options offered for the 2022 plan year, health insurance costs, financial assistance options and factors impacting enrollment.
Key Points include:
- For plan year 2022, seven insurers are offering 123 health insurance plans on the Kansas marketplace.
- The average monthly premium for a benchmark silver plan in Kansas in 2022 before applying the Advance Premium Tax Credit (APTC) decreased by around 4.0 percent, which was slightly more than the 3.1 percent decrease in the average premium before APTC for a benchmark silver plan nationally. However, some families may see monthly premiums of more than $2,000 per month and deductibles of more than $16,000 per year.
- For the 2022 plan year, the American Rescue Plan Act (ARPA) is making APTC available to consumers with household income above 400 percent of the federal poverty level (FPL) to help them pay for monthly premiums, unless the benchmark silver plan premium is less than 8.5 percent of their household income.
- Under ARPA, consumers with household income between 100 to 150 percent FPL may qualify for a free or nearly free plan if they enroll in a benchmark silver plan.
- The enhanced APTC is expected to expire at the end of 2022.
The Kansas Health Institute supports effective policymaking through nonpartisan research, education and engagement. KHI believes evidence-based information, objective analysis and civil dialogue enable policy leaders to be champions for a healthier Kansas. Established in 1995 with a multiyear grant from the Kansas Health Foundation, KHI is a nonprofit, nonpartisan educational organization based in Topeka.