Indianapolis, IND., May 19, 2021 (GLOBE NEWSWIRE) – CareSource, a nationally recognized nonprofit healthcare plan, has registered more than 12,282 registrations to its Insurance Marketplace since the registration period opened at the pandemic on February 15. open, 86% of those who registered in Indiana chose CareSource. Initially, the additional open registration period was supposed to end on May 15, but has since been extended to August 15. CareSource expects approximately 15,000 Hoosiers in total to have registered by the end of the period.
The Biden administration also expanded premium tax credits to make coverage more affordable. The Advance Premium Tax Credit (APTC) helps people enroll by reducing monthly premium payments. This tax credit, along with CareSource offering the state’s lowest cost premium, likely resulted in the high number of registrations.
“The special open enrollment period along with the additional tax credits helped Hoosiers choose the best health plan, especially given the changes many of us have had to face due to the COVID-19 pandemic. Said Steve Smitherman, president of CareSource Indiana. “CareSource is dedicated to providing Hoosiers with the best health care possible at the most affordable prices, and the fact that 86% of registrants have chosen CareSource tells me that we have succeeded in our mission of making an impact on health and life. general well-being of people. being.”
With three months remaining in the special open enrollment period, CareSource continues to offer market plans with the lowest premiums in the state and benefits such as free gym memberships to those with a disability. eye and dental care plan. All CareSource Marketplace plans are Affordable Care Act (ACA) compliant and comply with all protections offered by ACA and cover all essential health benefits.
“I would encourage consumers to thoroughly research the premiums, benefits included in the plans, and the health care networks included when making a decision during this enrollment period,” Smitherman added. “CareSource offers one of the strongest health insurance plans in terms of the health networks included in coverage, and it is essential that consumers consider this issue when selecting a provider.”
To learn more about CareSource Marketplace options or to register, visit www.caresource.com/in/plans/marketplace/.
CareSource is a not-for-profit multi-state health plan recognized as a national leader in managed care. Founded in 1989, CareSource administers one of the nation’s largest Medicaid managed care plans and provides lifetime access to care through health insurance, including Medicaid, Health Insurance Marketplace, Medicare Advantage, and programs at dual eligibility. Based in Dayton, Ohio, CareSource serves 2 million members in Georgia, Indiana, Kentucky, Ohio and West Virginia. CareSource understands the challenges consumers face navigating the healthcare system and transforms healthcare with cutting-edge programs that improve the health and well-being of our members.
To learn more, visit www.caresource.com, follow @caresource on Twitter or like CareSource on Facebook.
CareSource – Steve Smitherman