Illinois Department of Insurance
Releases 2020 ACA Health Insurance Marketplace Rates
Five health insurance carriers will again
offer Illinois consumers individual Gold, Silver and Bronze plans
with a slight decrease in overall rates
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[October 29, 2019]
The Illinois Department of Insurance released the health insurance
rates and analysis for the Illinois Exchange 2020 Plan Year. The
Illinois on-Exchange marketplace has five carriers offering health
insurance plans, including Quartz Health Benefit Plans Corporation,
a new company on the Illinois On-Exchange market this year. Multiple
plans are available in all 102 Illinois counties, and in most
counties, consumers have more than one carrier to pick from.
Overall, premium rates are down and rating areas remain unchanged
“We’re committed to ensuring Illinoisans have access to quality,
affordable healthcare, regardless of their background. No one should
have to go without health coverage; and through the ACA healthcare
exchange, Illinois residents can find the right plan and coverage
for their families,” said IDOI Director Robert Muriel.
There are 142 plans available this year, and most Illinois consumers
will have more plans to choose from than in 2019. Get Covered
Illinois (GCI) is the official health marketplace or “exchange” for
Illinois consumers to purchase quality, affordable health insurance,
facilitated by the federal government.
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Open enrollment starts on November 1 and will continue through December 15,
2019. After the deadline, consumers will not be able to purchase insurance
coverage, unless they have a qualifying life event.
More than 312,000 people enrolled in ACA health insurance plans during open
enrollment last year. “Illinois residents can be confident that when they
purchase a plan on the marketplace, annual checkups and other preventive care
will be covered free of charge. Just as important, mental health and substance
use disorder benefits will be covered in parity with medical and surgical
benefits,” said Brian Gorman, GCI’s Director of Outreach and Consumer Education.
“Get Covered Illinois and the Illinois Department of Insurance are here to help
ensure that their rights are protected.”
For the 2020 Analysis of the Illinois Exchange Plan, visit
https:// insurance.illinois.gov/ .
For information on the Get Covered Illinois Open Enrollment period, visit:
[Illinois Office of Communication and