Overview

The Affordable Care Act (ACA), commonly known as Obamacare, was introduced in 2008 to reform the health insurance landscape. It established Health Insurance Marketplaces, simplifying the process of obtaining coverage and providing financial assistance for those who qualify.

Eligibility

ACA coverage is available to U.S. citizens and legal immigrants. By selecting a plan through the Health Insurance Marketplace, individuals may be eligible for subsidies. Additionally, the ACA ensures coverage for pre-existing conditions and essential health benefits.

Plan Costs To Expect

Plan costs under the ACA vary. However, based on income, individuals may receive subsidies to reduce premiums or monthly expenses. The ACA offers plans in four metal tiers—Bronze, Silver, Gold, and Platinum—each designed to balance monthly premiums with out-of-pocket costs.

How to Enroll

Enrollment in ACA plans can be done through federal or state Health Insurance Marketplaces. The open enrollment period typically runs from November 1 to January 15. Special enrollment periods may be available for those experiencing qualifying life events.

Next Steps

Explore the Health Insurance Marketplace to discover available plans and potential subsidies. Securing coverage through the ACA is a valuable opportunity for comprehensive health insurance.