M&M Independent Brokers, LLC

02/04/2021

I owe a debt of gratitude to this man and his family that I can never repay. His family, friends, and the Redmon office staff will all be in my thoughts and prayers. Rest in peace. The world has lost a very great man.

View George Redmon's obituary, send flowers and sign the guestbook.

12/12/2020

Wishing a safe, healthy, and happy holiday season, from our families at M&M Insurance to yours!

11/24/2020

How the Affordable Care Act's subsidies are calculated

https://www.healthinsurance.org/obamacare/will-you-receive-an-obamacare-premium-subsidy/

Because of the small reduction in average benchmark premiums, subsidy amounts in 2020 tend to be slightly smaller than they were in 2019. But subsidy amounts continue to be considerably larger than they were prior to 2018. This has been the case since the Trump administration stopped funding cost-sharing reductions (CSR — a different type of ACA subsidy) in the fall of 2017. To cover the cost, insurers in most states now add the cost of CSR to Silver plan premiums. That makes the Silver plans disproportionately expensive, and since premium subsidies are based on the cost of the benchmark Silver plan, it also makes the premium subsidies disproportionately large.

The ACA's premium subsidies are still available, and are much larger than they were in the first few years of ACA implementation. But many Americans may still be wondering, "Am I eligible to receive a premium subsidy – and if so, what should I expect?"