Deadline Approaches for Health Insurance Enrollment

As the December 15 deadline approaches, Michiganders and other Americans are urged to enroll in health insurance plans through the Affordable Care Act (ACA) Marketplace to ensure coverage begins on January 1, 2025. States like Michigan, Pennsylvania, and Washington are actively promoting enrollment, emphasizing the availability of subsidies that can significantly reduce costs. Health policy analysts warn that procrastination could result in gaps in coverage, and many states are experiencing changes in available plans due to insurers exiting markets. The ongoing open enrollment period allows consumers to choose from various plans, with 90% of enrollees qualifying for financial assistance. In Malaysia, rising medical costs are prompting calls for regulation of insurance premiums as claims costs have surged, raising concerns about affordability for consumers. Overall, the urgency of enrolling in health insurance is underscored by the potential financial implications of missing deadlines.