ACA and Grandfathered Insurance Plans

FAIRBANKS- Some Alaskans are questioning new health insurance requirements under the Affordable Care Act. According to Premera Blue Cross Blue Shield, about 3,600 customers in Alaska have a plan that can be "grandfathered in" and it does NOT have to meet new requirements.

According to healthcare.gov, if you are covered by a plan that existed before March 23, 2010, your plan may be "grandfathered" in to the new system.  If you're plan started after March 23, 2010, and doesn't meet the minimum requirements, you will have to pay for a more comprehensive plan which raise the cost of monthly premiums. For some subsidies could offset the cost. 

This subsidy calculator can help estimate if you qualify for aid:

 http://kff.org/interactive/subsidy–calculator/

You can also call Alaska statewide information at 211. Operators will connect you with enrollment specialist in the area.

Here is a link to the definition of "Minimum essential coverage" on healthcare.gov : 

 

https://www.healthcare.gov/glossary/minimum-essential-coverage/