Health insurance rate increases can impact premium tax credits for individuals and families in Maine, as they do in other parts of the United States. Premium tax credits, or subsidies, are designed to make health insurance more affordable for those with lower incomes. These credits are provided through the Health Insurance Marketplace established under the Affordable Care Act (ACA). Here’s how rate increases can affect premium tax credits in Maine:Read More
The Maine Office of Affordable Health Care is holding a public hearing on September 27th at 9 a.m. They want to hear about healthcare costs and access to affordable care from Maine consumers.
Health care costs include insurance premiums, medical bills, and pharmacy costs.Read More
The changing leaves and crisp autumn air signify more than just a shift in seasons – they also serve as a reminder that health insurance open enrollment is just around the corner. This annual event is a crucial opportunity for individuals and families to secure the coverage they need for the upcoming year. Here’s a short guide to help you prepare for this important period.
Access to quality healthcare is a fundamental concern for individuals and families, and in the picturesque state of Maine, this concern is no different. Fortunately, there are avenues available for securing affordable healthcare, including health insurance and Medicare.Read More
Our health insurance team, Mike Newsom and Crystal Labbe, would like to be a resource to you as your employees turn 65 and become eligible for Medicare, or as they leave prior to turning 65 but with little to no understanding of their health insurance options after their departure.Read More
There will now be another Marketplace Special Enrollment Period on the way, recently announced by The Centers for Medicare & Medicaid Services. This period would be for eligible for families and individuals who are now losing their coverage due to Unwinding. You can find more information about Unwinding after the COVID crisis by clicking here.Read More
In the prior tax year, you purchased a health policy. The policy has a full price based on each family members’ age and zip code. Then, an Advanced Premium Tax Credit (APTC) based on your report of estimated household income for that year, reduces the price, sometimes by 90% or more, ensuring that your plan is affordable (and costs less than 9.5% of your income).Read More
It’s that time of year again! Health Insurance Open Enrollment is on the horizon. Here are some questions to get your brain thinking before you meet with our health insurance agent, Crystal Labbe:Read More
It has been brought to our attention here at Wheelers Insurance the growing concerns about the ongoing conflict between Maine Medical Center and Anthem.Read More