By CNN WIRE, Zaneta Lowe and CBS NEWS WIRE
If you plan to shop for insurance through the government’s marketplace, you better get ready. Open enrollment begins Wednesday and runs through December 15 — about half the length of prior periods.
Be sure you have all the information on your income and other important documents on hand to complete the process.
According to federal data released Monday, premiums for the benchmark silver Obamacare plan will soar 37%, on average, for 2018. But in a strange twist, policies could actually become more affordable for many people buying on the exchange. That’s because the price spike means many enrollees will receive more generous premium subsidies, so they can now afford gold policies with lower deductibles.
The report covers the more than three dozen states that use the federal exchange, healthcare.gov.