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New Tax Credits Available For Enrollees

Graphic: Montana news from Montana Public Radio has opened a special enrollment period starting April 1. Those in need of an Affordable Care Act health plan will be able to enroll through Aug 15.

This special enrollment period includes tax credits from the latest federal pandemic stimulus package, allowing people enrolling in the marketplace to reduce the cost of their insurance plans. 

"There’s going to be increased subsidies available to everybody that gets their health insurance on the marketplace," says Jeremy Smith with MT Navigator, a free service that helps people sign up for health insurance on the federal marketplace.

According to the Centers for Medicare and Medicaid Services, on average, the tax credits will save an enrollee $50 per month

Smith says those who qualify for COBRA plans through their former employer may also qualify for subsidies.

Aaron graduated from the University of Minnesota School of Journalism in 2015 after interning at Minnesota Public Radio. He landed his first reporting gig in Wrangell, Alaska where he enjoyed the remote Alaskan lifestyle and eventually moved back to the road system as the KBBI News Director in Homer, Alaska. He joined the MTPR team in 2019. Aaron now reports on all things in northwest Montana and statewide health care.
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