Health Insurance Open Enrollment for 2021 is opening soon! November 1st, 2020 marks the first day of the period when you can apply for a new health plan.
There are many things we can help you figure out as you’re shopping for health insurance for yourself, or you and your family.
We want to make sure you have a good understanding of the plans available to you. Take some of these things into consideration, and get in touch with us at Hometown Insurance Professionals!
It is possible to subsidize your policy to provide you a savings in monthly premiums, or reduce out-of-pocket medical costs.
Income, family size, and costs of health insurance in your area are considered when applying for subsidies. For example, individuals with an annual income less than $49,960, or a family of four with a combined income up to $103,000 would likely qualify.
To ensure you are covered starting January 1, 2020, make sure and enroll in a plan by December 15 through a state health care exchange, or by December 31 for an off-exchange health plan.
If you happen to miss those deadlines, make sure to get your plan by January 15 to begin coverage from February 1st through the remaining part of 2021.
Here for You!
We know this can be a lot to take in! That’s why at Hometown Insurance Professionals we keep up with education and training to stay on top of things for you. Let us know how we can help!
To get a plan going for the 2021 Open Enrollment Period, give us a call at (970) 264-4321, or email email@example.com.