Under the American Rescue Plan (ARP), you may be eligible for additional financial assistance, like advance premium tax credits (APTC), to lower the cost of health insurance premiums for all plans offered on Pennie. This includes Gold and Silver plans that come with lower out-of-pocket costs like co-pays and deductibles when you go to the doctor or purchase your prescriptions.
Everyone’s situation is different, and when it comes to your health coverage, you should evaluate all of your options. Some questions you might want to consider when deciding whether to change plans include:
- How much health care do you expect to use for the rest of the year?
- How much have you paid towards your deductible and your maximum out-of-pocket costs in your current plan? If you have received health care services already this year, your contributions towards these costs might not be transferred to your new plan.
- What will your premiums be with a new plan compared to your current plan?
- Are your current providers considered to be ‘in-network’ under a new plan?
There are a network of Pennie-certified brokers who can help walk you through your options when it comes to choosing the health plan that’s right for you. To find a broker ready to help, please visit brokers at Pennie.com.