Choices Limited, Premiums Increasing in NJ as Obamacare Enrollment Begins
With Oscar, UnitedHealthcare, and Health Republic of New Jersey all having dropped out of the Garden State's Affordable Care Act exchange, otherwise uninsured New Jerseyans looking to enroll in Obamacare have just two provider options for 2017, and prices for both are going up.
The Asbury Park Press reported that in the absence of those three former providers, which had combined for a 19 percent market share, only Horizon Blue Cross Blue Shield of New Jersey and AmeriHealth New Jersey remain on the state marketplace, with open enrollment beginning on Tuesday.
Customers of Horizon's Omnia program could see premiums increase by up to 6.2 percent, while AmeriHealth customers may experience a spike of up to 15 percent next year, though deductible costs may even out those differences, according to the report.
Neither plan includes New York health care providers in network, the report said.
In New Jersey, as noted in the report, around 240,000 residents who are not covered through Medicare, Medicaid, or their employers -- amounting to 6 percent of the state's population -- can be expected to make use of the health care exchange.
Obamacare open enrollment runs through Jan. 31, 2017. More details are available at healthcare.gov.