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Federal

Non-marketplace Health Insurance

If you want to enroll in a non-marketplace health insurance, you have two common options ahead. You can either buy a Medicare Part D added on your Original Medicare, or you can enroll in a Medicare Advantage Plan provided by private health insurance companies.Non-marketplace health insurance policies are now so common after the great change (Obamacare) in the government's healthcare landspace. If you do not want to deal with lots of extra costs and high amount of out-of-pocket costs, you can choose a good Medicare Advantage Plan.Medicare Advantage Plans are also called Medicare Part C and have Medicare Part D drug coverage included. The Original Medicare does not have Medicare Part D premium so it requires you to enroll in a seperate prescription drug plan.Medicare Advantage P...

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Federal

Individual Health Insurance Marketplace

The Affordable Care Act means that you are allowed to build and buy your own individualized health insurance policy via health insurance marketplace. You can simply visit your state's website for individual health insurance marketplace.The Affordable Care Act (ACA) is sometimes called Obamacare. This completely changed the health insurance and health care policy idea in the country. Multiple individual options mean that everyone can build their own individualized health care plans based on their health care needs.The best thing about this thing is that no health insurer can reject you, this is restricted by the law. You need to take some things into consideration when you build your own individualized health insurance plan:How often do you need to visit your doctor?What kind o...

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Federal

Is Aetna a Marketplace Health Insurance?

If you live in the U.S., you may lose yourself inside the complicated healthcare system in the country. However, the more you learn about health care providers and healthcare plans, the easier it gets for you to understand the system. There are a couple of big managed health care companies that sells health insurance plans.For example, Aetna is considered one of the biggest among these health care companies that provide individualized health insurance to both their employees and customers. But, is Aetna a marketplace health insurance? What kind of health insurance does Aetna offer to its customers? Let's take a look.Aetna is really a big private health insurer that sells health insurance policies to its customers. Aetna is mostly associated with Medicare Advantage Plans it offers ...

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Federal

Form 1095 A – Premium Tax Credit

Form 1096-A, Health Insurance Marketplace Statement is issued to those who had Marketplace coverage during the tax year. Once furnished to an individual, Form 1095-A can be used for filing a tax return, to claim the premium tax credit, or to reconcile the credit on a tax return with advance payments of the premium tax credit.Although not everyone will need this tax form, families and individuals with low income will use it to claim the premium tax credit.What is premium tax credit?The premium tax credit is a refundable tax credit to help those with low income to afford health insurance through the Health Insurance Marketplace. To qualify for this tax credit, the household income must be no more than 400% of the federal poverty line for the size of the household but it also m...

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Federal

Medicare vs. Health Insurance Marketplace

Medicare and health insurance through the Marketplace are two different things. While you technically can have both, if you have Medicare, you don't really need the Health Insurance Marketplace at all. Even if you have Original Medicare only (Part A and Part B), we suggest not looking for health coverage through the Marketplace. Medicare—in general—significantly costs less than any Marketplace plan. Besides the coverage you get will be a lot greater.One thing that can benefit you in the short run is getting coverage from the health insurance marketplace until your Medicare starts. For example, if you're 64 this year and your Medicare will begin at some point in 2021, enroll in health coverage on Marketplace and cancel it when your Medicare starts. After canceled though, you must get ...

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State

States With Their Own Marketplace

Most states run their own Marketplace for health insurance. Out of 50 states, only 12 have a designated Marketplace. This is due to the state deciding on running its own Marketplace. It has nothing to do with the size or the number of people that live within the state.For example, while Texas is a part of the federal Marketplace, Maryland isn't. With that said, the size of the state doesn't matter. Below, you can see if you need to use healthcare.gov or your state's Marketplace if you're going to get subsidized health insurance.CaliforniaColoradoConnecticutDistrict of ColumbiaIdahoMarylandMassachusettsMinnesotaNevadaNew YorkRhode IslandVermontWashingtonThe above states, including the District of Columbia operate its own Marketplace. Residents of these states must use their s...

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State

NJ Health Insurance Marketplace

New Jersey is a part of the federal health insurance marketplace. NJ residents who want to get subsidized health insurance must use healthcare.gov to enroll during the open enrollment period. The open enrollment—not only for NJ residents but for everyone is between November 1 and December 15. During the open enrollment, you can select a plan and your plan will start on January 1st, 2021.To get coverage, all NJ residents must get on healthcare.gov and create an account. After an account is created, you can provide basic information such as income, number of people in the household, and their information. What you'll need to provide is the same answers to when purchasing health insurance. This includes tobacco usage, age, pre-existing conditions, etc.Based on the information you pr...

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State

California Health Insurance Marketplace

California is one of the few states that run its own Health Insurance Marketplace. When looking to get subsidized health coverage, you will need to use Covered California, not healthcare.gov. This is because some states want to run their own Marketplace so that it is more efficient.However, this doesn't mean that the coverage you get on Covered California is going to be better than someone who's living in Texas and enrolling in health coverage on healthcare.gov. It all comes down to the state decision. For example, another state that runs its own Marketplace is Maryland but it is a very small state compared to California or Texas.California residents who want to get subsidized health coverage need to qualify for insurance through the Marketplace. What determines one's eligibility...

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Federal

Health Insurance Marketplace Phone Number

When navigating through the Health Insurance Marketplace, if you need assistance, you can call or ask any questions you like to Marketplace Call Center. It is available 24/7, so you can call at any time you want. Call the Marketplace Call Center at 1-800-318-2596 or 1-855-889-4325 for TTY (Telecommunications Device for the Deaf).You can also call the Marketplace Call Center to find someone to help you purchase coverage on healthcare.gov. If your state runs its own Marketplace, call the state's phone number instead. For the states that operate their own Marketplace, phone numbers are listed below.StatePhone NumberCalifornia1-800-300-1506Colorado1-855-752-6749TTY: 855-346-34328:00 AM to 6:00 PM Monday - FridayConnecticut1-855-805-4325 TTY: 1-855-789-24288:00 AM to 4:00 PM - Monday ...

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State

Texas Government Subsidized Health Coverage

Texas, unlike most other larger states, doesn't run its own Health Insurance Marketplace. Those who are a resident of Texas can get subsidized health insurance through healthcare.gov. Just like purchasing private health insurance, you will be able to view and compare plans to find the one that suits you and your family the best.Texas residents that want to get health coverage through Marketplace must enroll during the open enrollment. It runs from November 1st to December 15th. If you miss this deadline, you can only get coverage for 2021 through Texas Health Insurance Marketplace if you qualify for the Special Enrollment Period or Medicaid/CHIP (Children's Health Insurance Program).Learn more about Special Enrollment Period, Medicaid, and CHIP from our homepage.How to get co...

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