Savings for Marketplace Members Just Got a Little Sweeter
The current White House Administration is increasing the Advance Premium Tax Credit (APTC) for anyone who has Marketplace coverage. What does this mean for you?
- The APTC is increasing across the board •Premiums will not exceed 8.5% of your income •Any Marketplace enrollees receiving unemployment at any point during 2021 may qualify for significant savings.
- The APTC increase is automatic for all existing members (no action required)
- This change will likely take effect in April 2021, with premiums reflecting the change in May,2021.
We can help you make changes or enroll in a plan that best fits your needs and your budget. Ready to schedule a consult? Give us a call at 706-257-5073 or schedule on our website at www.michellecrawfordbenefits.com!
*Advance Premium Tax Credit and/or premium percentage limits are applied to persons eligible for Marketplace.
Medicare Annual Enrollment Is Right Around the Corner. Medicare Annual Enrollment begins October 15 and runs through December 7 . This is the time for Medicare beneficiaries to review their current Medicare Advantage and prescription drug coverage for 2027. Plans can change from year to year, including premiums, prescription coverage, provider networks, copays, and other benefits. Don’t wait until the last minute. Crawford Benefits will be preparing for AEP throughout September—start gathering your updated medication, doctor, pharmacy, and coverage information.
