BL Consulting Group

****IMPORTANT INFO*****

If you obtained health insurance through the Marketplace (also known as the Affordable Care Act or ACA) in 2024, be on the lookout for Form 1095-A. This important document will be sent to you at the end of the year, and you’ll need it to complete your tax return. Make sure to review it carefully and keep it for your records! For details on 2025 health insurance options please TEXT 346 298 2119 or you can schedule a call at https://joycemarendes.com/bl-insurance-agency

As we get closer to open enrollment, here is important information to understand regarding your health insurance.

What is a Deductible?

A deductible is the amount you must pay out of pocket for healthcare services before your insurance starts covering costs. Once you meet this amount, your insurance will pay a larger part of your medical bills.

Example 1: If you have a $1,000 deductible, you will need to pay $1,000 for medical services before your insurance kicks in.

Example 2: If you need surgery that costs $5,000 and you haven’t met your deductible, you will pay the first $1,000. Afterward, your insurance will cover the majority of the remaining $4,000.

Let me know if you have any questions. Schedule a quick call at https://joycemarendes.com/bl-insurance-agency

🛑 So you missed the Enrollment Deadline? 🛑

Last week I met two people who missed their open enrollment with their employer because they were unaware that enrollment was in June and not December. I understand the frustration of being without health insurance for you and your family. But don't worry, we still have some insurance options that you can choose from. You can have coverage as of 08/01/2024. 🗓️

👉 Review your options today and ensure you have the protection you need.