Updated 10/1/2013 — See Below
Georgia Exchange Website Information
If you live in Georgia, you will use the federal government website, HealthCare.gov, to shop and apply for coverage. Coverage can start as soon as January 1, 2014.
The Georgia Health Insurance Exchange will be operated through a federally-run health insurance exchange, also referred to as the Health Insurance Marketplace.
Starting October 1, 2013, Georgia residents will be able to access information about all the plans available through the Exchange, shop for plans, and access individual premium tax credits. The SHOP Exchange will be available to small businesses with 100 or fewer employees. Coverage from the Exchange starts in January 2014.
Participating Health Exchange Insurers in Georgia:
Following are the names of seven companies which have signed up to sell health plans in Georgia Health Exchange.
- Blue Cross and Blue Shield of Georgia
- Kaiser Foundation Health Plan
- Peach State
The companies which have decided to opt out from Georgia Health Exchange are:
UnitedHealthcare is one of the largest insurance provider in the State Health insurance market. Among these companies Peach State is the only one which currently covers only Medicaid and PeachCare in Georgia.
Four companies are planning to offer health plans that cover most areas of the state:
- Blue Cross
Some Details On Rates Offered:
These participating insurance companies have filed rate information with Georgia Department of Insurance and it is currently under review. But according to some reports rates offered in exchange plans will be comparable to or even below average cost of current employer premiums ($456/month). These rates do not include healthcare reform subsidies, which is going to lower even further.
Health insurance rates in the Atlanta area will be lower than those offered in other parts of the state because of large number of new customers and better competition to grab the market share by insurance companies. Albany area will be the region which is going to have highest premiums.Rural areas of Georgia is expected to have higher insurance rates due to costs involved particular southwest Georgia.
It is expected that around 800,000 Georgia residence will be eligible for the ObamaCare subsidies in 2014 to help them purchase health coverage from the health insurance exchange.