Where do I shop for insurance in Alabama?
Alabama residents use the federal exchange, HealthCare.gov.
When is open enrollment for Alabama?
November 1, 2022 - January 15, 2023
People who enroll by December 15 will begin coverage on January 1. Those who enroll between December 16 and January 15 will begin coverage on February 1.
Outside of that window, Alabama residents with qualifying events can still enroll or make changes to their coverage for 2023.
Participating insurance carriers in Alabama
- Blue Cross Blue Shield of Alabama
- Bright Health
What are the 2023 insurance rates for Alabama?
The benchmark monthly premium rate for 2023 decreased 5.0% from 2022 to $465.*
*The benchmark rate is the second-lowest-cost silver plan for a 27-year old.
What are the best HRA options in Alabama?
Using a health reimbursement arrangement (HRA), employers can reimburse employees for premiums and out-of-pocket medical expenses, tax-free, using the following:
- Individual coverage HRA (ICHRA). The most flexible and customizable plan option lets employers offer different health benefits to different classes of employees and there is no limit to the amount an employer can contribute.
- Qualified small employer HRA (QSEHRA). The simplest to deploy and manage, a QSEHRA lets employers offer a single reimbursement plan to all employees up to a maximum amount adjusted each year for inflation.
- Group coverage HRA (GCHRA). Employers who offer group coverage can supplement the benefit by reimbursing employees for out-of-pocket expenses like copays and prescription costs. The GCHRA is a great way to make a high-deductible plan more effective or to create a feature-rich, luxury health package.
What are the enrollment statistics for Alabama health insurance?
- Individual health insurance. 207,967 residents enrolled in qualified health plans (QHPs) through the Healthcare.gov marketplace during the 2022 open enrollment period. Of these, roughly 97 percent receive premium subsidies. Due to the changes made by the American Rescue Plan, there is no longer an upper income limit on premium tax credits. Anyone can access a tax credit if their premiums exceed 8.5 percent of their household income.
- Medicaid and CHIP. As of June 2022, 1,126,491 residents were enrolled in Medicaid or CHIP (Children’s Health Insurance Program).
- Medicare. As of June 2022, there were 1,077,001 beneficiaries of Medicare in Alabama.
Alabama health insurance resources
- Alabama Department of Insurance. Regulates health insurance companies, agents, and brokers.
- AIDS Alabama/Enroll Alabama.The federally-funded Navigator organization in Alabama.
- Alabama State Health Insurance Assistance Program. Assistance and counseling for Medicare beneficiaries.
- Alabama Medicaid Agency. Alabama state Medicaid office.
- All Kids – Alabama Public Health. Low-cost healthcare coverage for children and teens under age 19 who live in Alabama.