If you're going to buy insurance through a state or government
("exchange"), financial help may be available. People with low or modest incomes may qualify for:
- Money to help pay for the cost of your premiums, which is the
amount you pay for insurance; and
- Money to help pay for your out-of-pocket
health care expenses.
The amount you get depends on how much you make and how big your
family is. You can use the tool to see if you may
qualify for financial help. You'll then need to submit an official
application when you apply for insurance.
If you don't qualify for financial help in the marketplace but can't
afford health insurance, you may still be eligible for Medicaid
or financial help through the Children's
Health Insurance Program (CHIP).
If Employer Health Insurance Is Available to You
Does your employer or your spouse or, if eligible, domestic partner's
employer offer health insurance to you? If the employer's plan meets
the minimum coverage and cost levels, you will not
be eligible for financial help to pay for health insurance through a
marketplace. However, you may be eligible for financial help if your
employer's plan is considered "unaffordable." To be
considered unaffordable, the cost of "you only" coverage
through your employer would need to be more than 9.5% of your income.
Complete a personal assessment today and see what financial options are available to you - Check out the Coverage Calculator today.