The ‘rescue’ in the American Rescue Plan Act includes lower monthly premiums and saves you from repayment of excess premium subsidies for the 2020 tax year! But your lower premiums are not automatic! To update your account and get your premiums lowered use our quick form below. Are you stressed about having to pay back … Read more
The American Rescue Plan Act and COBRA Assistance in Maine Congress passed The American Rescue Plan Act (ARPA) and it was signed into law on March 11, 2021. Included as part of the sweeping legislation is a program to fully subsidize COBRA coverage for six months starting in April of 2021. ARPA creates a new … Read more
Fill out the form below and we will update your monthly premium using the new rates provided under the American Relief Plan Act of 2021. Your rate will not be adjusted automatically. You must request the rate be updated by using this form or calling the person who helped you sign up.
Important: You must pay your first premium for your coverage to start. To make sure your coverage starts, you need to pay your first premium. Your first premium payment is known as a “binding payment.” That means your health insurance coverage will be canceled if you don’t make a payment by January 1st! Once you … Read more
When you fill out your Maine Health Insurance Marketplace application, you’ll need to look into your crystal ball and estimate what your household income is likely to be for the coming year. Marketplace savings are based on your expected household income for the year you want coverage, not last year’s income. You must make your best … Read more
The IRS has announced higher health savings account (HSA) contribution limits for the 2021 tax year. Starting January 1, 2021, you can save even more and boost your financial well-being in retirement. The 2021 maximum HSA contributions are: $3,600 Individual – $50 increase from 2020 $7,200 Family – $100 increase from 2020 Additional $1,000 Catch-up … Read more
A health savings account can help you lower your taxes and pay for health care expenses tax free! HSA plans in Maine are only available with high-deductible health plans. You can use HSA funds to pay for eligible health care expenses and for out-of-pocket costs your health plan doesn’t cover. 1. Save on taxes Your … Read more
Fill out the form below and we will update your email settings in your Maine Health Insurance Marketplace Application. You may use this form as often as you like to update your email preferences.
Fill out the form below and we will update your income on your Maine Health Insurance Marketplace Application for 2021. You may use this form as often as you like to update any income changes during the year.
Everything you need to know to enroll in an affordable health insurance plan during the 2021 open enrollment period. Open enrollment for 2021 individual-market health plans has started. Whether you’re new to the individual market or have been buying your own health insurance for years, you likely have questions. This guide is designed to answer … Read more