There’s a new health insurance marketplace special enrollment period for low-income consumers
LENOIR, NC (April 4, 2022) – The Marketplace has just put into place a new Health Insurance Special Enrollment Period (SEP) for low-income consumers who are at or below 150% of the Federal Poverty Level (FPL).
The Federal Poverty Level is approximately $19,000 for an individual, $26,000 for a family of two, $32,000 for a family of three, and $39,000 for a family of four. The Federal Poverty Level for income at or below 150% varies by state and household size.
Using this new SEP, if you fit this eligibility you may enroll in a Marketplace plan. It’s possible for those with existing policies to possibly change their plan as well, but if you do change your plan mid-year then your annual deductible and out of pocket limit will reset.
To be eligible for this SEP you must meet both of these criteria:
*Be eligible for an APTC (advanced premium tax credit aka subsidy)
*Have an estimated annual household income at or below 150% FPL.
Additionally, you cannot be eligible for Medicaid or offered affordable employer-sponsored coverage to qualify for this SEP.
Contact Bush and Associates today to see if you qualify for this new SEP and/or a different one to get a Health Insurance Plan.
~Bush and Associates has been offering ACA individual health since its inception on January 1, 2014. They’ve been serving the insurance needs of Caldwell County and surrounding counties since 1980! Get in touch with them today for more information or a free quote.
Call (828) 754-2601, Text 828-493-5821, or email quotes@bushandassociates.net
Bush and Associates is located at 916 Wilkesboro Blvd.
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