LENOIR, North Carolina (April 4, 2022) – The market has just implemented a new Special Health Insurance Enrollment Period (SEP) for low-income consumers who are at or below 150% of the Federal Poverty Level (FPL).
The federal poverty line 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 meet this eligibility, you can sign up for a Marketplace plan. Those with existing policies may change their plan as well, but if you change your plan mid-year, your annual deductible and spending limit will reset.
To be eligible for this SEP, you must meet these two criteria:
*Be eligible for an APTC (Advanced Premium Tax Credit, i.e. subsidy)
* Have an estimated annual family income equal to or less than 150% FPL.
Additionally, you cannot qualify for Medicaid or have 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 another to obtain a health insurance plan.
~Bush and Associates has offered ACA Individual Health since its inception on January 1, 2014. They have served the insurance needs of Caldwell County and surrounding counties since 1980! Contact them today for more information or a free quote.
Call (828) 754-2601, text 828-493-5821 or email [email protected]
Bush and Associates is located at 916 Wilkesboro Blvd.
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