HEALTH INSURANCE EXCHANGES

Changes in Benchmark Plans and Premiums and Effects of Automatic Re-enrollment on Consumers’ Costs

During open enrollment, eligible returning consumers may re-enroll in their existing health insurance exchange plan or choose a different plan. Those who do not actively enroll in a plan may be automatically re-enrolled into a plan. According to the Department of Health and Human Services, automatic re-enrollment is intended to help ensure consumers’ continuity in coverage. However, some have questioned whether automatic re-enrollment could have unintended financial consequences for consumers...