When you buy health insurance coverage in the Marketplace, you may be able to get a premium tax credit that lowers what you pay in monthly premiums. This will depend on your household size and income.

How To Save On Out-of-Pocket Costs

When you enroll in health insurance through the Marketplace, you may be able to save money on out-of-pocket costs (co-pays, deductibles, co-insurance). These are the costs you have to pay when you get care. The extra savings you might qualify for is sometimes called “cost-sharing reductions.” Whether you qualify for “cost-sharing reductions” will depend on your income and household size.

*If your income qualifies you for out-of-pocket savings (cost sharing), you must choose a Silver plan to get the savings.

Is There a Penalty for Not Having Health Insurance?

No. Starting in 2019, fees no longer apply.