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 Get in touch with us 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.