Macman Insurance Associates

As always, a great local resource for news and we got to chat through the 2023 insurance market!

Melissa in the Morning: On the Horizon This week, we focused on different events and changes that are coming up in a matter of days and weeks:

Always great to talk with Melissa WICC600. The Inflation Reduction Act should be a big help for both exchange and Medicare enrollees!

Melissa in the Morning: Best from Biden An episode by WICC

people in should be aware of a special enrollment period our Exchange is offering, eligibility is income based:

Connecticut Insurance Exchange Launches Enrollment Period For Low-Income Families That’ s a household income of $26,130 for a family of two, $39,750 for a family of four or $46,560 for a household of five. “This new Special Enrollment Period is all about creating access for Connecticut residents with lower income to get the health insurance coverage they need at an affordable...

Without extending the increased subsidies from the American Rescue Plan, anyone getting insurance via their state exchange will see massive increases come Jan 2023:

West Virginians will see the biggest spike in Obamacare premiums within months if Manchin keeps blocking Biden's economic agenda In West Virginia, people would see an average premium hike of $1,536 per person if ACA subsidies aren't extended, according to a Families USA report.

Bernie is pushing to get the Medicare eligibility age down to as low as 55; for a State like CT, where rates are based on age, this could save individuals thousands in premiums per year.

Bernie Sanders aims to lower Medicare eligibility age as part of Democrats' recovery plan Bernie Sanders wants to allow Medicare to directly negotiate drug prices, in order to expand health-care coverage to more Americans.

is almost here, don't miss out on a great deduction for folks that are on an HSA-compatible plan.

The link below gives the details on max contribution limits for 2020 and 2021, and you can still contribute for 2020 so long as your account was already opened by December 2020!

irs contribution limits and guidelines irs contribution limits and guidelines

Big news for will come from the new relief bill. There’s still much to learn about the expansion of premium relief, and once we get concrete details, we’ll be educating all of you!

Melissa in the Morning: Hidden Insurance Relief? An episode by WICC600

normally starts a 60-day period to continue your employer based coverage upon a job change. That window has expanded to one year, or 60 days after the National Emergency ends. Read more:

COVID-19 & COBRA In May, 2020, the U.S. Department of Labor and Department of the Treasury released new guidance for Employers and Plan Administrators on how the Coronavirus impact on COBRA beneficiaries would be...

The new relief bill could have big impacts on ACA plans via expanding tax credits to more households. Read more:

Obamacare would get a big (and quiet) overhaul in the Covid relief bill Democrats are proposing big changes to the Affordable Care Act. Here's why the debate is less fierce this time.

Residents of and owners need to read up on the proposed Public Option. This article breaks down the hearing last night and highlights our testimony; read more:

More than 450 Testify on a 'Public Option' for Health Insurance in Connecticut More than 450 individuals and organizations submitted written testimony in a public hearing debating the merits of having a widely available state-sponsored health insurance plan — otherwise known as a public option — in Connecticut.  The proposed bill would make the health insurance plan curre...

It's the Annual Election Period for . Click below for a helpful article to make sense of your many options for 2021!

Translating Medicare Options Medicare can seem like a different language. There's an abundance of plan options, letters and acronyms to decipher, and robocalls touting how amazing their Medicare plans are.

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