Health insurance

$0 Premium Health Insurance – Seymour Tribune

$0 Premium Health Insurance, How is This Possible?

You may be able to get more savings and lower costs on Marketplace health insurance coverage due to the American Rescue Plan Act of 2021. Under the new law:

· More people than ever before qualify for help paying for health coverage, even those who weren’t eligible in the past.

· Most people currently enrolled in a Marketplace plan may qualify for more tax credits.

When you apply for Marketplace coverage, you’ll find out if you qualify for a premium tax credit that lowers your monthly premium. The amount of your premium tax credit depends on the estimated household income that you put on your Marketplace application.


You’ll also find out if your income qualifies you for extra savings known as cost-sharing reductions. If it does, you can save money a second way: by paying less out of pocket each time you get medical services.

How cost-sharing reductions work

· You’ll have a lower deductible. This means the insurance plan starts to pay its share of your medical costs sooner.

· You’ll have lower copayments or coinsurance. These are the payments you make each time you get care — like $30 for a doctor visit.

· You’ll have a lower “out-of-pocket maximum.” This means the total amount you’d have to pay in a year if you used a lot of care.

Surface Financial Group is a local expert in Marketplace, Medicare and Retirement Plans. Please give them a call at 812-523-8903, or visit their website For more information on plans, quotes and self-enrollment click on the following link:

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