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Old 11-22-2020, 06:43 PM
8,785 posts, read 2,883,933 times
Reputation: 7661


Thought his might be useful to some of you.

Think Obamacare Health Plans Cost a Lot? That’s Not Always True
Millions lost their insurance, along with their jobs, during the pandemic. But many people are eligible for financial help.

By Ann Carrns

Most people seeking insurance through Obamacare marketplaces qualify, based on their income, for tax credits that significantly lower their cost of coverage. Two-thirds of customers on HealthCare.gov, the federal insurance exchange, can find a plan for $10 a month or less, according to Get America Covered, a nonprofit that advocates health coverage under the Affordable Care Act, also known as Obamacare. In some cases, tax credits can lower the monthly premium to zero. Many people are also eligible for extra financial help that reduces their out-of-pocket costs when they seek care.



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