The Health Insurance Marketplace is designed to help people find quality, affordable insurance more easily. Millions have already gained coverage since it went live. It can be used by citizens from any state and is available throughout each year’s open enrollment period. Below are the several vital functions of the Marketplace.
Compare Coverage Options
Users can compare different aspects of insurance options, which allows them to have a better basis for decisions. They can see the exact out-of-pocket costs, deductibles, and premiums on each option.
See Eligibility for Lower Premiums
After filling out a Marketplace application, users will learn if they’re eligible for lower costs on their respective monthly premiums. This allows additional savings for those who apply for health coverage through the Marketplace.
Apply for Medicaid or CHIP
Any time of the year, the Marketplace is open for Medicaid or Children’s Health Insurance Program (CHIP) applications. Through these programs, Americans who have limited incomes or disabilities can get low-cost (or even free) coverage.
Get Dental Coverage
Citizens can get dental coverage through the Marketplace, whether as part of a health plan or a stand-alone dental plan.
Through the continuously expanding options, healthcare providers and other concerned entities can help patients find suitable coverage, which will help ensure that any care would be compensated.