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IMPORTANT UPDATE: CMS Extends SEP to August 2021

March 25, 2021/in Cornerstone Updates, Individual, Legislation, Marketplace/by Cornerstone

In response to the benefits outlined in the American Rescue Plan regarding increased tax credits to reduce premiums, the Centers for Medicare and Medicaid Services (CMS) has extended access to the 2021 SEP to August 15, 2021. This will allow individuals and families more time to access the SEP and enroll in Marketplace coverage, and for current enrollees to change plans in response to the availability of increased tax credits if they wish to do so.

Click here to review the full release from CMS.

In case you missed it…

Cornerstone’s Geoff Beglen recently held an Individual Corner webinar reviewing the American Rescue Plan, the new rules, subsidy eligibility requirements, and how to maximize this opportunity. Check it out below!

Contact your Cornerstone individual team with any questions.

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