Additional savings available on health insurance, from now until August 15, 2021
Health Insurance has become more affordable with the passing of the American Rescue Plan Act of 2021. I have been enrolling people in health insurance through HealthCare.gov (AKA Marketplace) for many years and this is the first time I have seen such an enormous increase in the amount of subsidy being offered.
I am amazed and excited to see how low premiums are now. I can literally hear a sigh of relief over the phone from my clients as we update their information.
Not only are premiums lower, but more people now qualify for subsidy. The income brackets have changed so people who, in the past, did not qualify because they made $5,000 too much now can receive assistance.
From now until August 15th, you can enroll in health insurance if you are not currently enrolled or update your current insurance information.
If you would like to enroll, go to https://www.healthcare.gov/login
If you are already enrolled, here are two options for you.
- Do nothing and save in taxes later- If you are happy with your monthly premium, do nothing now and receive more credit when you file your 2021 taxes.
- Update your application information. You will need to login into your account on Marketplace and follow the prompts to update your information.
This opportunity is like no other in the past and there is no guarantee what the numbers will be in 2022.
Take advantage of it now.
As always, if you need help or have questions you can contact me at 503-372-5621, ext. 1 or you can email me at Christopher@InsurancePartnersNW.com
Christopher Levesque with Insurance Partners NW has been helping individuals and families with their health care needs since 2003. Visit our website www.Insurancepartnersnw.com to make an appointment.