Oregon extended the deadline to April 30 for individuals and families to buy health insurance. Under the Affordable Care Act (ACA), almost everyone* must purchase health insurance, and health insurance companies must accept anyone who applies.

You can buy insurance in two ways:

  • Select a plan on the "Cover Oregon" health insurance exchange. You may qualify to receive a subsidy to lower your monthly payment.
  • Select a plan on the open market, buying directly from an insurance company or through an insurance agent.

What new plans cover

Any plan you buy now (except catastrophic) is required by the ACA to include the 10 essential health benefits, such as maternity, pediatric and mental health care coverage. New plans also limit your annual out-of-pocket expenses, while removing annual limits on your coverage for essential health benefits.

Enrollment deadline

After April 30, you will not be able to buy health insurance on Cover Oregon or in the private market unless you have a specific qualifying event, such as a change in job or marriage status, or a new child in the family. The next time you can sign up is Nov. 15, 2014 through Feb. 15, 2015.

*Penalty

If you do not have health insurance, and you do not meet one of the exceptions, you may have to pay a fee under the ACA of $95 per adult or one percent of your income, whichever is more.

We are happy to help you explore your insurance options with Regence.