The enrollment period for 2023 Qualified Health Plans under the NY State of Health is now open. Consumers have until December 15 to complete their enrollment. Coverage starts January 1, 2023.
Enhanced subsidies enacted through the American Rescue Plan Act (ARPA) and extended in August through the Inflation Reduction Act, remain available in 2023. These tax credits have lowered the cost of insurance for many New Yorkers, including higher-income consumers. NY State of Health officials say more than 60 percent of QHP enrollees are not expected to see premium cost increases in 2023, and in some cases, may be able to find a better deal if they shop for a new plan.
“As we begin NY State of Health’s tenth Annual Open Enrollment Period, we reflect on both the coverage milestones and unprecedented public health challenges of the past decade, and our commitment to helping New Yorkers access high quality, affordable health insurance remains strong,” NY State of Health Executive Director Danielle Holahan said. “More than 6.7 million, or one in three New Yorkers, are enrolled through NY State of Health, and thanks to the extension of enhanced federal financial assistance through 2025, health insurance is more affordable for New Yorkers across the state. We encourage consumers who need coverage for 2023 to contact the Marketplace and find a health plan today.”