Many people are concern on how their financial would affect their coverage for this open enrollment period on November 1St. With out any doubt we are going through very tough times. Some families are considering that have a health plan will exceed their budget but who can blame them right?
As a Household we have to provide food for our table, add it to that payments like, school education, cloths, Internet etc. And become almost impossible to consider having a health plan.
Ok, but what if I tell you that there is a way to save some money on your health plan? It would be nice to have some help right? Well there is! According to the Market Place, when you apply for coverage, you’ll find out if you qualify for a “premium tax credit” that lowers your premium — the amount you pay each month to your insurance plan. Just follow this step:
- Estimating your expected household income for 2021. You can probably start with your household’s adjusted gross income and update it for expected changes. (Savings are based on your income estimate for the year you want coverage, not last year’s.)
Simple as that! Remember if your health plan is expensive then that plan is not for you! Let us help to find the right plans that fit your family budget and protect the most valuable people of your life.
