How “affordable” is affordable health coverage?

How “affordable” is affordable health coverage?

When you’re shopping for coverage on the Health Insurance Marketplace at HealthCare.gov, the answer is very affordable. What makes insurance affordable are “subsidies,” or discounts, which make health coverage available at reduced or no cost for people with incomes below certain levels

Many of the subsidies that were made possible by the American Rescue Plan of 2021 were continued in the Inflation Reduction Act of 2022. This means that four out of five enrollees could pay $10 or less per month for coverage. 

Could your policy cost $10 per month?

It could, depending on your income and the subsidies you qualify for. The best way to know for certain is to get help by scheduling an appointment with a health insurance navigator. No matter where you live in North Carolina, free help is a call or click away.