Ideal Concepts, Inc. approves the Biden administration’s proposal to reopen the federal Affordable Care Act (ACA or Obamacare) marketplaces so that Americans affected by COVID-19 can get the health coverage they deserve.
“Getting more people enrolled in comprehensive health insurance plans is imperative during this critical time,” says Ideal Concepts President John Pequeno. “One medical emergency can be financially devastating without the right insurance plan, and the coronavirus is putting more people at risk. The Biden administration’s decision to reopen the federal ACA marketplaces ensures that more people will get covered, which helps keep more Americans both physically and financially healthy.”
President Biden is expected to sign an executive order on Thursday instructing federal agencies to “take steps to strengthen Medicaid and initiate an open enrollment period under the ACA.”
While there has yet to be final word on what those steps will entail, speculation is that some sort of Special Enrollment Period for individuals impacted by COVID-19 could allow millions of Americans to enroll in ACA plans for 2021.
Currently, the federal exchange remains closed unless individuals prove that they have a Qualifying Life Event like moving to a new residence, having a baby, or getting married.
Ideal Concepts is always an advocate for affordable health coverage. We understand that no coverage fits all, which is why we offer a variety of products, including ACA major medical insurance, short-term medical insurance, hospital indemnity plans, HealthShare plans, and supplemental insurance.
While we support reopening the federal marketplace for an extended period of time due to the exceptional climate of the pandemic, the company pledges to continue to advocate for members’ healthcare no matter the timeline or circumstances.
About Ideal Concepts
Ideal Concepts, Inc. is a national insurance marketing and sales technology firm established in Allentown, PA, in 2005. Ideal Concepts’ most recent proprietary product, SalesRadix, is an innovative, turn-key sales technology solution for independent health insurance agents. SalesRadix utilizes state-of-the-art tech that allows agents to produce large quantities of business while working from home, over the phone, and through the internet.
In addition to the company’s sales technology, Ideal Concepts is also the creator of iWebQuotes.com, a private health exchange that allows clients and agents to quote and enroll in Affordable Care Act coverage.