Health Insurance Marketplace

If you buy your own health coverage or are uninsured, you will want to learn about the new Health Insurance Marketplace.

The new health insurance Marketplace is a one-stop shop where you can compare insurance plans and prices and purchase insurance that works for you. Whether you’re uninsured, or just want to explore new options, the Marketplace will give you more choice and control over your health insurance options.

Check out this video that explains the Health Insurance Marketplace:

About the Marketplace

The Marketplace is designed to help you find health insurance that fits your budget, with less hassle.  The Marketplace is an online site where you can choose among quality private health insurance plans.  And, tax credits to help make the insurance you choose more affordable are widely available.

Enrollment in the Marketplace begins on October 1, 2013 for health coverage starting on January 1, 2014.

Get Ready to Enroll

Learn what you can do now to get ready for Marketplace enrollment in October 2013.

 
 

Starting in October, you will be able to apply for enrollment in the Marketplace in numerous ways:

  • Online
  • By phone
  • By mail
  • In person 

Get a Break on Costs

More people than ever will qualify for free or low cost health insurance in 2014. In the meantime, you or your child may be able to get help with costs NOW.

More than 80 percent of those buying coverage in the Marketplaces will qualify for premium tax credits, which will significantly reduce what you actually pay in premiums.  The tax credits are provided immediately and directly to the health plan you have chosen – immediately lowering what you pay in monthly premiums.

The tax credits are available on a sliding-scale for those with incomes between 100% and 400% of the poverty level (between $23,500 to $94,200 for a family of four in 2013).

Get Quality Health Insurance Options

Insurance plans in the Marketplace must meet various quality and affordability standards.  For example, Every health insurance plan in the Marketplace is required to:

  • provide free coverage for preventive services.
  • offer comprehensive coverage, from doctors to medications to hospital visits.
  • grant access to a range of doctors and clinicians.
  • cap your out of pocket costs
  • not have annual or lifetime limits on coverage
  • not deny you care for having a pre-existing condition
  • charge women the same rates as men

All plans will have to provide clear information on plan premiums, deductibles, and out-of-pocket costs before you decide to enroll, so you know what you are buying.  All information on the health plans must be in easy-to-understand language and there can be no fine print.

Small Businesses

The Small Business Health Options Program (SHOP) is a separate Marketplace where beginning in 2014, small businesses and their employees will be able to buy affordable coverage.

Check out this video about the SHOP Marketplace for small businesses:

Enrollment in the Marketplace begins on October 1, 2013 for health coverage starting on January 1, 2014.

For more information on the SHOP Marketplace:

https://www.healthcare.gov/small-businesses

 

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