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.
Why It's Important to Check if Your Doctors Are In Network When shopping for health insurance or Medicare coverage, it's easy to focus on monthly premiums and benefits, but one important detail is often overlooked: your provider network. Choosing a plan without confirming that your doctors, specialists, and hospitals are in-network could lead to unexpected costs and disruptions in your care. In this month's blog, we explain why checking your provider network before you enroll is so important and share simple steps to help you make a more confident coverage decision. Click here to read more!
