Idaho's Health Insurance Exchange Opens Enrollment as Premiums Set to Rise
Premiums are expected to double for most Idahoans if Congress lets enhanced tax credits expire.
This week, Idahoans can start choosing or switching health insurance plans on the state's exchange, Your Health Idaho, which is the first in the country to start open enrollment.
Insurance premiums on exchanges are expected to surge next year, unless Congress renews enhanced tax credits that deeply subsidize consumers' monthly payments.
- About 87% of the roughly 116,000 Idahoans who have insurance through the state exchange get the enhanced tax credits.
Your Health Idaho Executive Director Pat Kelly urged Idahoans to "shop and compare to explore all of their health insurance options."
Congress is still deadlocked over temporary funding as Democrats insist on extending the credits that Congress created in 2021.
Author's summary: Idaho's health insurance exchange starts open enrollment.