New Mexicans who received subsidies through the Exchange in 2016 should receive Form 1095-A
Helping New Mexicans understand their potential savings can make all the difference in bringing new clients on board with health insurance through beWellnm. Cost breaks helped New Mexicans pay for health insurance this year, with an average premium subsidy amount of $200 per month.
Although the Affordable Care Act is designed to broaden the reach of health insurance and has succeeded in reducing the number of uninsured Americans, it does not directly address the cost of health insurance.
Small businesses often are running on a shoestring, and the cost of health insurance can be a major expense when margins are slim.
Knowing why New Mexicans purchase health care coverage can help brokers guide their clients to good insurance decisions.