Designed to give more Americans access to cheaper health insurance, the Affordable Care Act — also known as Obamacare — also expands Medicaid and supports new medical delivery methods, such as ACA Health Houses.
As from 2 Aug, more than 35 million Americans are enrolled in the ACA Health Insurance Marketplace. But if you want to sign up for full coverage from January 1, 2023, you’ll need to act quickly.
Read on to find out if you qualify for coverage under the ACA, how to enroll, and when the deadlines are.
For more care tipslearn about theand find out how to save money on medical bills .
When is the deadline to sign up for a care plan with the Affordable Care Act marketplace?
Free registration began on November 1 and will run through January 15. However, if you want full coverage from January 1, 2023, the deadline is December 15, 2022.
You may qualify for this depending on your situation special registration outside those dates. You can qualify as follows:
You have had a life-changing event in the past 60 days: The events include losing health insurance, a change in household income, having a baby, getting married, divorced, moving to a new zip code, or if someone on your Marketplace subscription has died.
Please note that if you have moved to a new zip code you will need to provide proof that you were insured for at least one day during the last 60 days or you will lose coverage for the next 60 days. Even if you lose your job and decide not to accept Consolidated Omnibus Budget Reconciliation Act (COBRA) coverage, you can still enroll in a Marketplace subscription.
You apply for Medicaid or the Children’s Health Insurance Program (CHIP): If you sign up for one of these programs, you can apply for health insurance at any time via Marktplaats.
Other living conditions that may qualify for you:
- You’re out of prison
- You just became a US citizen
- You start or end the service American Corps
- You have joined a federally recognized tribe or have Alaska Native Claims Settlement Act (ANCSA) Corporation shareholder status
Follow the steps above to see if you qualify for Special Enrollment healthcare.gov/screener/. If you qualify, your health plan will begin on the first of the month after you enroll. For example, if you enroll in August, your coverage will begin on September 1.
What health insurance plans are available under the Affordable Care Act?
Assuming you qualify under the Affordable Care Act (see below), the state in which you live determines which health care providers you can use. For each plan, you should see Bronze, Silver, Gold, and Platinum options. Here’s a breakdown of it how each plan works.
Bronze: You pay the lowest monthly premium, but you pay more when it comes to paying for care. The Bronze plan’s deductible is generally much higher than the other options, so you pay more out of pocket until your deductible is reached.
Silver: This average coverage comes with a modest monthly premium. It will cost you more than the Bronze option, but your medical treatment costs will be less than if you went with the Bronze plan.
Gold: This plan includes a high monthly premium and low costs when you need care. A low deductible means you pay much less medical expenses than with the Bronze and Silver plans.
Platinum: With the most expensive monthly premium you have the lowest costs when it comes to medical care. Because the deductible is very low, your plan will start paying for your medical expenses sooner than any of the other options.
Deciding which plan to choose depends on your lifestyle, how often you need health care, and what kind of medical treatment you need. For example, if you are healthy and you expect to use your insurance only for emergencies, you can opt for the Bronze or Silver formula. If you are currently undergoing treatment or expect to require regular medical attention, the Gold and Platinum options may be the best options for you.
If you are under the age of 30 or a exemption based on not being able to afford health insurance, you may be eligible for one Catastrophic planwith a very low monthly premium and a very high deductible.
Note: Premiums are based on income levels, so if you earn less your premium may be lower.
How do I find out if I qualify for an Affordable Care Act plan?
Before you start thinking about which plan to choose, find out if you actually qualify for a plan through the Health Insurance Marketplace. Go to healthcare.gov/screener and enter your zip code.
You then answer a few questions to see if you qualify for discounted or full-price coverage. Once you get a response, your next step is to complete an application with either the Health Insurance Marketplace or your state’s own marketplace to see plans and prices.
How to sign up for Obamacare
Once you’re ready to apply — whether it’s between November 1 and January 15 or through special enrollment — you’ll need to create an account on HealthCare.gov or through your state’s carrier. You then complete the application to view plans and pricing and select which option is best for you.
Things you might need while applying:
- for anyone on your request
- Employer and income information for everyone in your household
- Current health insurance policy numbers (if applicable)
- Information about health insurance available from your employer
- Immigration documentation
Again, once you’re enrolled, your subscription should begin on the first of the month after your enrollment date, assuming you’ve paid your first month’s premium.
Keep an eye on your insurance card after you enroll, as well as any other information about the health plan you’ve chosen.
For more healthcare information, find out if your insuranceand how to monitor your heart health .
The information in this article is for educational and informational purposes only and is not intended as health or medical advice. Always consult a physician or other qualified health care professional if you have any questions about a medical condition or health goals.