Health Insurance Marketplace in Florida
The Health Insurance Marketplace in Florida, or Exchange, is an online shopping center based at HealthCare.gov. It is where to go to apply for coverage, find out if you are eligible for savings, and make changes to your health plan.
Visit the healthcare gov account login page http://www.healthcare.gov/get-coverage to find out if your state employs the federal Marketplace or a state-based Marketplace.
If your employer provides health insurance coverage, they may have a website where you can shop for health insurance plans. This is known as a “private exchange,” and it’s different from the Federal or State Marketplaces.
The Marketplace makes it possible to find health care coverage that meets your requirements and budget.
During the Open Enrollment Period, you can view, compare, and apply for individual health insurance plans online directly through the health insurance marketplace. You can also see if you are qualified for federal financial assistance and apply that assistance to your health insurance plan.
Who Shops on the Health Insurance Marketplace
If you and your family do not have health insurance coverage through your job, you can select an affordable health insurance plan from the Marketplace and pay for it yourself. If you are self-employed or unemployed, the Marketplace is a place to go for a health plan. If your employer provides health insurance coverage, you can still shop the Marketplace, but you will pay the full price for your plan. Every person who shops the health insurance Marketplace must be a United States citizen and live in the United States. If you are eligible for Medicare, you are not qualified to shop the Marketplace. Individuals who are incarcerated are also not eligible.
When Can I Purchase a Plan on the Marketplace?
You can shop for a health plan during Open Enrollment or a Special Enrollment Period. The 2021 Open Enrollment period begins November 1, 2020, and ends December 15, 2020. A Special Enrollment Period is open to people 60 days after certain life changes like moving, getting married, or having a baby.
Types of Health Insurance Plans That are Available on the Marketplace
There are four levels of health plans that you can purchase on the health insurance marketplace Florida: Bronze, Silver, Gold, and Platinum. (“Catastrophic” plans may be available to some individuals.) Every level pays a different portion of your health care bills.
You will also pay a percentage of your healthcare costs through your monthly premium, copays, deductibles, and coinsurance. The amount you pay is based on your plan.
The right plan to select will depend on many factors, which differ from one person to another.
Can I Get Federal Financial Help?
Depending on your annual household income and the number of persons in your household, you may qualify for federal financial assistance to help you pay for health insurance. Financial support can lower the cost of your monthly premium, the amount you pay when you get care or both.
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