Open enrollment has already begun for California. It started on Oct. 15, 2018, and will end on Jan. 15, 2019, so there’s still some time to make the right decision for yourself. Some changes have been made that may have a direct impact on you. Here’s what you need to know.

No More Short-Term Plans

Under Obamacare, short-term plans were offered for three months, primarily serving as a transitional bridge between coverage. Beginning in 2019, short-term insurance plans will no longer be offered in California, the first state to explicitly ban these short-term policies. All health care plans less than 12 months will be banned.

Other states, however, allow short-term plans. In fact, the Trump administration has changed the rules to allow short-term coverage up to a day less than 12 months.

This move hurts consumers who are already suffering from high premiums. Many individuals struggling under the weight of their high premiums health insurance policies often turn to short-term plans that offer fewer benefits at a lower cost, willingly accepting the drawbacks to having less coverage. Now, this demographic is left with fewer options.

Consider Health Care Sharing Ministries

Don’t worry! There are other more affordable options. Consider switching to a health care sharing plan.

With healthshare plans, there are no strict open enrollment periods, which means you can switch any time of the year. Health care sharing ministries are organizations that facilitate the sharing of medical expenses between members. Because it’s not insurance, members are offered more freedom and autonomy, which appeals to many who are frustrated by the bureaucracy of insurance.

Here’s a sample rate sheet for the healthshare plans that we are offering. View rate sheet. You’ll see that these plans cost more than half than that of traditional health insurance plans.

If you want to know more, contact one of our Personal Benefits Managers at 800-913-0172 to discuss the best option for you. The New Year will be upon us before you know it, so don’t wait!