It’s ACA enrollment time

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One of the biggest advantages to choosing coverage under the ACA is that you can pick a plan that does not require underwriting. Preexisting conditions are allowed and there are coverage benefits that may not be available in non-ACA plans.

By Carl Lishing, HealthMarkets Insurance Agency

New affordable Affordable Care Act (ACA) plans may be available. Plans and prices change every year. Your situation may have changed, too. You may find plans with coverage and features that better meet your needs.

The Open Enrollment Period for the ACA runs now through Friday, December 15, for coverage starting January 1, 2024. Applications submitted between Saturday, December 16 and Monday, January 15, 2024 will secure coverage starting February 1, 2024. During these times, people can consider other plans that may be a better fit for their needs, or opt to stay with the plan they had last year.

For some people, a subsidy plays a role in which plan they choose.

A subsidy is a premium tax credit the federal government provides to help lower premiums and out-of-pocket costs for eligible individuals and is based on income estimate and household information. Individuals may qualify for enhanced subsidies that have been extended with the passing of the Inflation Reduction Act.

Schedule a policy review with me and I can help you find out if your current subsidy has changed, or if you qualify for an increased subsidy, or if you didn’t qualify before but may now.

One of the biggest advantages to choosing coverage under the ACA is that you can pick a plan that does not require underwriting. Preexisting conditions are allowed and there are coverage benefits that may not be available in non-ACA plans.

There is no cost to meet with me for a review of your standing. Together we can explore the options so you can choose a plan that makes the most sense for you and your budget.

You can reach licensed insurance agent Carl Lishing at 216-228-0765. HealthMarkets Insurance Agency is located at 16506 Detroit Avenue, in Lakewood. Office hours currently by appointment. Find out more at ClevelandInsurance.info.

HealthMarkets Insurance Agency, Inc. is licensed as an insurance agency in all 50 states and the District of Columbia. Not all agents are licensed to sell all products. Service and product availability varies by state. Agents may be compensated based on enrollment. No obligation to enroll. 50444-HM-1123
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