You MAY qualify for lower premiums.
The American Recovery Plan Act (ARPA) expanded financial help available to individuals purchasing health insurance via insurance exchanges.
If you receive unemployment during 2021…
You are eligible for the maximum premium subsidy and reduced deductible, copays and coinsurance under a Silver level plan.
Action: Make sure you’ve reported any unemployment income received. Consider enrolling in a Silver plan.
If you are currently receiving tax credits…
You are eligible for increased tax credits. Your eligibility will be updated automatically after May 6th and reflected on future invoices.
Action: Make sure you’re income is accurate and update to date. Consider making plan changes based on increased tax credits.
If your income was previously too high to qualify…
You may now be eligible for tax credits. Income limits have increased and premiums for all customers are capped at 8.5% of income.
Action: Add or update your income information at www.wahealthplanfinder.org.
If you are currently uninsured…
There is a special enrollment period that allows individuals to apply for coverage until August 15th.
Action: Contact Mutual Benefits at (206) 709-2619 for help or visit www.wahealthplanfinder.org.
Resources
Health Insurance Marketplace Calculator
American Rescue Plan FAQs
Washington State HealthPlanFinder Website
