New financial aid to reduce premiums due to COVID relief

New financial aid to reduce premiums due to COVID relief

Copyright 2021 WSAW. All rights reserved. Centers for Medicare & Medicaid Services Director of the Office of Minority Health, Dr. LaShawn McIver, joined NewsChannel 7 at 4 on Thursday to discuss everything you need to know about the HealthCare.gov SEP. Source www.wsaw.com

A family of four can get a plan with premiums at $163 per month due to newly expanded financial assistance.4 out of 5 customers can find a plan for $10 or less per  month with the newly expanded financial assistance.Many premiums will decrease, on average, by $50 per person per month and $85 per policy per month. Did you know?

Consumers can enroll now and will have 30 days after they submit their application to choose a plan. Starting on April 1, consumers will be able to take advantage of increased premium tax credits on high quality health care plans when they enroll in coverage through HealthCare.gov. The new law will lower premiums for most people who currently have a Marketplace health plan and expand access to financial assistance for more consumers.

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