Obamacare is designed to help people save on health insurance subsidies, and local health insurance experts say more people could become eligible.
DES MOINES, Iowa — Open enrollment is open to: Apply for insurance under the Affordable Care Act (ACA) Also called Obamacare.
The application deadline is Dec. 15 if you want coverage by Jan. 1, but local health insurance experts say many people could qualify for the ACA without realizing it. There is.
Obamacare is a program that acts as a coupon to make health insurance more affordable.
Local resident Kaylin Stevenson said: “This is basically the government recognizing that medical care and health insurance are so expensive that the average person can’t afford to spend more than $800 a month on health insurance.” I’m just doing it,” he said. Health insurance expert.
More people have the opportunity to qualify for the ACA than some people realize.
“A lot of times you have families of four or five people with annual household incomes of over $100,000, and they think, ‘Look, we make more money, we probably don’t qualify,’ but a lot of them… is still a few hundred dollars a month off,” Stevenson said.
You may qualify if you are not offered health insurance through your job or if your monthly premiums are at least 9% of your annual income.
“When it comes to Obamacare, people often want to retire early, and the main barrier to that is health insurance, which can cost upwards of $20,000 a year. “There were quite a few families that I’ve worked with who retired early because of the Affordable Care Act,” Stevenson said.
Experts say it’s worth applying anyway, as there are many different scenarios for eligibility.
“For individuals, the younger you are and the higher your income, the less likely you are to receive a subsidy if you have a partner or spouse, but people aged 50 to 65 are aware that they are the ones paying the tax. and their spouses, and they can receive a fairly large subsidy and reduce their premiums to almost zero,” Stevenson said.
If you would like to apply, please visit healthcare.gov Alternatively, you can contact your local health insurance advisor.
