A Message From ARC’s Director of Employee Benefits: What to Expect Around the 2024 January Renewal Cycle
While we’re doing all that we can to ensure this renewal season runs as smoothly as possible, we wanted to make you aware of the season we’re walking in now. Here are some things you need to know to ensure your enrollment goes smoothly this year.
Affordable Care Act Enhanced Premium Subsidies Continue Through 2025
In March of 2021, the American Rescue Plan (ARP) was implemented as an economic stimulus in response to the COVID pandemic. Here is how it has affected and still affects premium subsidies.
Compliance Corner: IRS Issues New Guidance Regarding ACA Premium Tax
The IRS provided new guidance on October 11, 2022, to fix the “Family Glitch” effective January 1, 2023. The new regulations state that a family’s entire income would be taken into consideration for the calculation of affordability for individual health insurance subsidies.
What You Need to Know About the Inflation Reduction Act
The newly passed Inflation Reduction Act (IFA) will help consumers offset premiums who have individual coverage through the Affordable Care Act (Obamacare) for at least the next three years.
Breaking Down What You Need to Know Before Choosing an Individual Health Insurance Plan
Understanding and reviewing health insurance plans can be complicated, so breaking it down into simplified concepts may improve the process and make you more comfortable with your decisions.
So, Who Does the Affordable Care Act Really Help?
The law was designed to decrease the uninsured population in the United States by offering benefits that were more accessible to the general population with expanded Medicaid eligibility, guaranteed issue, subsidies and cost-sharing reductions, essential health benefits, and more.
Affordable Care Act Regulation Makes Health Coverage Unaffordable
Healthcare.gov establishes that the benchmark cost for affordable coverage is 9.8 percent of household income.
Everything You Need to Know About the American Rescue Plan Act
We have taken some time to put together a guide that will help you understand ARPA and what it means for your health insurance plan.
2021 Special Enrollment Period in Response to the COVID-19 Emergency
In accordance with the Executive Order issued today by President Biden, the Centers for Medicare & Medicaid Services (CMS) determined that the COVID-19 emergency presents exceptional circumstances for consumers in accessing health insurance and will provide a Special Enrollment Period (SEP) for individuals and families to apply and enroll in the coverage they need.
Opportunities to Purchase Health Insurance Outside of Open Enrollment
What happens if you miss the Open Enrollment Period to sign up for health insurance? Can you still get coverage? The answer is yes…with stipulations.
To Review or to Renew, That is the Question
As always, your agent will be your go-to person regarding any changes for the upcoming year, and their services are at no cost to you.