indiana guide to health insurance

Or call toll-free
1-877-809-0501

Indiana health insurance exchange

Indiana plan options triple for 2015, rates rise 5 percent

Share this:

When 2015 open enrollment begins Nov. 15, Indiana residents will have many more choices: more insurers are offering more plans. The number of insurers is more than doubling, going from four to nine. And, the number of available plans is jumping from 278 to 975.

Modest increase in 2015 premiums

2015 premiums will rise about five percent on average, according to an Indiana Department of Insurance representative. The predicted increase is much more modest than in the years leading up to the passage of the Affordable Care Act.

2015 carriers

According to Atlantic Information Services, nine insurance companies are selling individual health insurance through the Indiana marketplace in 2015. Anthem BCBS, Coordinated Care, and Physicians Health Plan are returning from 2014, and All Savers, Caresource, IU Healthplans, MDwise Marketplace, Southeastern Indiana Health Organization, and Time/Assurant are new for 2015. Note that not all insurers offer plans in all counties.

How many people enrolled in 2014?

During 2014 open enrollment, 132,423 Hoosiers signed up for qualified health plans, according to federal government reports. Eighty-nine percent qualified for financial assistance. In addition, 95,495 people qualified for Medicaid or the Children’s Health Insurance Program (CHIP) under existing eligibility rules (i.e., not through Medicaid expansion).

How Indiana approached exchange implementation

Indiana is among the 26 states that opted to use the federal health insurance marketplace, HealthCare.gov. While former Gov. Mitch Daniels was a critic of the Affordable Care Act, he refrained from making a final decision about the state’s marketplace and asked the three gubernatorial candidates for their opinions. Following the election, then Gov.-elect Mike Pence weighed in and rejected both the state-run and partnership models.

Indiana health insurance exchange links

HealthCare.gov
800-318-2596

Affordable Care Act Resources on IN.gov

State Exchange Profile: Indiana
The Henry J. Kaiser Family Foundation overview of Indiana’s progress toward creating a state health insurance exchange.

Indiana Department of Insurance
Assists consumers who have purchased insurance on the individual market or who have insurance through an employer who only does business in Indiana.
(800) 622-4461 / idoi@idoi.in.gov