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You've heard the news Canada Goose Coats On Sale about this year's Affordable Care Act premiums going up. canada goose factory sale It's just one more hit to the state and federal insurance exchange plans. Congress has tried to repeal and replace the ACA, or tried to create a whole new public system. Bipartisan efforts are struggling to stay alive. President Donald Trump has declared the law "dead."

Even with all the political jostling, the open enrollment period is upon canada goose uk black friday us. It may only be 45 days long, but there is a good news secret hidden in this year's sign ups. They say every cloud has a silver lining. This year, that lining is more likely to be bronze. Through a combination of presidential decisions, insurance company reactions and ACA canada goose coats regulations, it has never been easier for consumers to purchase zero premium bronze plans, if consumers qualify.

Canada Goose sale It sounds counterintuitive that the spike in 2018 premiums we've been hearing about would open a window of opportunity for anyone, but that's just what happened. Canada Goose sale

canada goose Trump had long hinted that he would halt funding for cost sharing reduction (CSR) subsidies to carriers. He made it official on Oct. 13. Knowing they were going to lose this reimbursement from buy canada goose jacket cheap the government, the insurance companies responded. CSRs are applicable only to silver plans, so carriers raised the premiums on silver plans canada goose store so that they could continue to be able to stay in the marketplace. Other carriers simply dropped out. Analysis shows that silver plan premiums for 2018 are up an average of 37 percent compared with this year. Canada Goose online That's almost double the increase for bronze and gold plans. For the 15 percent of people with ACA plans who make too much to receive canada goose clearance sale premium subsidies (tax credits), this is going to hurt. But for canadian goose jacket your lower to middle income clients, this becomes a fire sale. canada goose

canada goose black friday sale Here's how it works. The premium subsidies that are factored in on the exchanges are based on the price of the second lowest cost silver plan available in a region. When the prices went up on silver plans, the premium subsidies went up with Canada Goose Parka them. For some people, their premium subsidy Canada Goose sale amount is now equal to or higher than the cost of a bronze plan. canada goose black friday sale

buy canada goose jacket cheap That's how more consumers now have access to health care that costs them nothing or sometimes less than a couple bags of chips a month in premiums. buy canada goose jacket cheap

Which Clients Can Benefit?

canada goose clearance sale Of course, prices Canada Goose Jackets vary depending on location, age and income, but generally your canada goose coats on sale younger clients who are eligible for premium subsidies should be able to find a great deal on the exchanges. canada goose clearance Zero premium bronze canada goose black friday sale plans aren't out of the question. canada goose clearance sale

canada goose coats Here are a couple of real world examples. canada goose coats

Canada Goose online Mark is a uk canada goose outlet 40 year old single waiter in Memphis. He makes $30,000 a year. He's eligible for a premium subsidy of $617 per month, so he can purchase a bronze plan worth $436.32 with his subsidy and pay nothing in premiums. Canada Goose online

Joan and Jack live in Eugene, Ore., with their 10 year old child. She's a housewife, and he earns $50,000 a year as a mechanic. They get a premium subsidy of $660 a month and can purchase a bronze plan for as low as $9.01 for the entire family per month.

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canada goose store Marketing the open enrollment period to younger, healthier prospects and clients has never been easier. This group often stayed away from buying insurance because they think it's too expensive, too difficult or they just canada goose uk shop don't need it. canada goose The availability of low cost plans can be a great incentive to get them insured. canada goose store

canadian goose jacket Not only could zero or low premium uk canada goose bronze plans help your sales, but getting cheap canada goose uk more younger, healthier people onto the exchanges can play a part in stabilizing the marketplace. canadian goose jacket

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cheap Canada Goose What about the consumers who have to pay full price for the metal plans? That 37 percent increase is going to hit hard. It may end up pricing them out of the marketplace and making them think that being uninsured is their only option. But it's not. This is another niche where agents and brokers are canada goose outlet really needed. cheap Canada Goose

canada goose coats on sale Remember that the 37 percent premium increase applies only to silver plans. In many areas, consumers now can purchase gold plans for equal or less than the price of a silver plan. And switching to a bronze plan could be an option if the higher deductible isn't a cheap Canada Goose problem. It might help to find an affordable plan off the exchange, such as a private plan, a short term plan or a canada goose uk outlet cost share arrangement. There are options, and you can be there to help buy canada goose jacket find them. canada goose coats on sale

canada goose clearance Trump has cut the enrollment canadagooseoutleta period and slashed advertising dollars, but he may have inadvertently given thousands of low and middle income people an amazing health insurance opportunity. canada goose clearance

With fewer navigators to help guide consumers and such a Canada Goose Outlet short time to promote enrollment, agents need to be on the front lines to get the word out and help as many people as they can. The open enrollment period is here. Are your clients ready Canada Goose Online for zero premium bronze plans?

Canada Goose Parka Michael Z. Michael may be contacted at [email Canada Goose Parka

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