Cost Sharing Reduction Subsidies (CSR)


How Do Cost Sharing Reduction Subsidies Work? ObamaCare’s Cost Sharing Reduction Subsidies (CSR) lower out-of-pocket costs, based on income, for Silver plans bought on the Health Insurance Marketplace. Along with Premium Tax Credits, ObamaCare’s Cost Sharing Reduction subsidies lower what you pay for out-of-pocket costs like deductibles, copays, and coinsurance, making health insurance coverage more affordable and… Read More

Health Savings Account (HSA)

What is a Health Savings Account? A Health Savings Account (HSA) is a tax-advantaged medical savings account you can contribute to and draw money from for certain medical expenses tax-free. HSAs can be used for out-of-pocket medical, dental, and vision. HSAs can’t be used to pay health insurance premiums. HSA’s can only be used with… Read More

File Taxes For ObamaCare

There are several reasons you may have to file taxes under ObamaCare (the Affordable Care Act). Learn how to file your ObamaCare taxes in 2019 and beyond. This section includes tips on: how to make a Shared Responsibility Payment for not having coverage, how to report health coverage known as Minimum Essential Coverage, how to… Read More

How Does Health Insurance Work?

How does health insurance work? You pay a monthly premium and your share of annual out-of-pocket costs, and your insurer pays it’s share of covered costs.  The concept is simple, but getting that perfect health plan takes some brain power and elbow grease.  By taking the time to master and internalize the content of this page,… Read More

Actuarial Value

What is Actuarial Value? Actuarial value is average total of costs for covered benefits covered by a health plan. Let’s look at how ObamaCare’s metal plan actuarial values work and how actuarial value applies to all plans in general. FACT: Actuarial Value (AV) in regards to health insurance was created by the Affordable Care Act to rank ObamaCare’s… Read More

What is Affordable Employer Coverage Under ObamaCare?

Understanding Affordability Exemptions for Individual and Employer-Sponsored Health Coverage Under ObamaCare employer-sponsored coverage must cost no more than 8% (adjusted each year), after the employer’s contribution, to be considered affordable. If the amount exceeds 9.5% (adjusted each year), then the person can get an exemption to use the marketplace. This applies to employee-only coverage, family-member-only coverage, and… Read More

ObamaCare Enrollment Numbers

Get the Facts on ACA Sign-Ups (Updated for 2022) The information on ObamaCare sign-ups and enrollments is here. Let’s look at the ObamaCare enrollment numbers and figure out who signed up, who enrolled, who paid, who lost coverage, who got subsidies, what type of coverage people got, and where they got it. A Summary of… Read More

Washington Health Insurance Exchange

How “Washington Healthplanfinder”, The Official Washington Website for Health Insurance, Works The Washington Health Insurance Exchange, Washington Healthplanfinder, is the official Washington State marketplace for health insurance under Obamacare. You can use Washington Healthplanfinder to apply for cost-assistance, compare prices of plans, change plans and enroll in a plan that best suits you, your family… Read More

Washington, D.C. Health Insurance Exchange

How “DC Health Link”, The Official Washington, D.C. Website for Health Insurance, Works The Washington, D.C. Health Insurance Exchange, DC Health Link, is the official Washington, D.C. State marketplace for health insurance under Obamacare. You can use DC Health Link to apply for cost-assistance, compare prices of plans, change plans, and enroll in a plan… Read More

Vermont Health Insurance Exchange

How “Vermont Health Connect”, The Official Vermont Website for Health Insurance, Works The Vermont Health Insurance Exchange, Vermont Health Connect, is the official Vermont State marketplace for health insurance under Obamacare. You can use Vermont Health Connect to apply for cost-assistance, compare prices of plans, change plans, and enroll in a plan that best suits… Read More

Texas Health Insurance Exchange

How the Texas Health Benefits Exchange Marketplace Works The Texas health insurance exchange will be federally run by HHS after Rick Perry decided not to run a state-based Marketplace in Texas. Although the State will not run it’s own exchange Texans can use HealthCare.gov to shop for affordable health insurance. Texas has the highest percentage of… Read More

Rhode Island Health Insurance Exchange

How “HealthSource RI”, The Official Rhode Island Website for Health Insurance, Works The Rhode Island Health Insurance Exchange, HealthSource RI, is the official Rhode Island State marketplace for health insurance under Obamacare. You can use HealthSource RI to apply for cost-assistance, compare prices of plans, change plans, and enroll in a plan that best suits… Read More

Oregon Health Insurance Exchange

How the Official Oregon Website for Health Insurance Works The Oregon Health Insurance Exchange, Cover Oregon, was replaced by Healthcare.Oregon.gov and HealthCare.gov. See those sites for coverage and cost assistance. Today you can use HealthCare.gov to apply for cost-assistance, compare prices of plans, change plans, and enroll in a plan that best suits you, your family or your… Read More

New York Health Insurance Exchange

How “New York State of Health”, The Official New York Website for Health Insurance, Works The New York Health Insurance Exchange, New York State of Health, is the official New York State marketplace for health insurance under Obamacare. You can use New York State of Health to apply for cost-assistance, compare prices of plans, change… Read More

New Mexico Health Insurance Exchange

How “BeWellNM”, The Official New Mexico Website for Health Insurance, Works The New Mexico Health Insurance Exchange, BeWellNM, is the official New Mexico State marketplace for health insurance under Obamacare. You can use BeWellNM to apply for cost-assistance, compare prices of plans, change plans, and enroll in a plan that best suits you, your family,… Read More

Nevada Health Insurance Exchange

How “the Nevada Health Link”, The Official Nevada Website for Health Insurance, Works The Nevada Health Insurance Exchange, the Nevada Health Link, is the official Nevada State marketplace for health insurance under Obamacare. You can use the Nevada Health Link to apply for cost-assistance, compare prices of plans, change plans, and enroll in a plan… Read More

Minnesota Health Insurance Exchange

How “MNsure”, The Official Minnesota Website for Health Insurance, Works The Minnesota Health Insurance Exchange, MNsure, is the official Minnesota State marketplace for health insurance under Obamacare. You can use MNsure to apply for cost-assistance, compare prices of plans, change plans, and enroll in a plan that best suits you, your family, or your small… Read More

Massachusetts Health Insurance Exchange

How “the Health Connector”, The Official Massachusetts Website for Health Insurance, Works The Massachusetts Health Insurance Exchange, the Health Connector, is the official Massachusetts State marketplace for health insurance under Obamacare. You can use the Health Connector to apply for cost-assistance, compare prices of plans, change plans, and enroll in a plan that best suits… Read More

Maryland Health Insurance Exchange

How “the Maryland Health Connection”, The Official Maryland Website for Health Insurance, Works The Maryland Health Insurance Exchange, the Maryland Health Connection, is the official Maryland State marketplace for health insurance under Obamacare. You can use the Maryland Health Connection to apply for cost-assistance, compare prices of plans, change plans, and enroll in a plan… Read More

Kentucky Health Insurance Exchange

How “Kynect: Kentucky’s Healthcare Connection”, The Official Kentucky Website for Health Insurance, Works The Kentucky Health Insurance Exchange, Kynect: Kentucky’s Healthcare Connection, is the official Kentucky State marketplace for health insurance under Obamacare. You can use Kynect: Kentucky’s Healthcare Connection to apply for cost-assistance, compare prices of plans, change plans, and enroll in a plan… Read More

Idaho Health Insurance Exchange

How “Your Health Idaho”, The Official Idaho Website for Health Insurance, Works The Idaho Health Insurance Exchange, Your Health Idaho, is the official Idaho State marketplace for health insurance under Obamacare. You can use Your Health Idaho to apply for cost-assistance, compare prices of plans, change plans, and enroll in a plan that best suits… Read More

How to Buy Health Insurance

Guide to Buying Health Insurance: How Health Insurance Works Our guide to buying health insurance walks you through how health insurance works and how to buy health insurance plans under the Affordable Care Act (ACA or Obamacare). Below we take a look at how ObamaCare affects buying health care plans, different ways to buy health insurance under… Read More

What is the Health Insurance Marketplace?

How to Use Your State’s Health Insurance Marketplace to Buy “Affordable” Health Insurance ObamaCare’s Health Insurance Marketplace, or ObamaCare Marketplace, is your State’s price comparison website for subsidized health insurance under the ACA. The following guide will explain the marketplace and how you, your family, and your business can compare health plans and qualify for… Read More

Health Insurance Exchange Guide

The Health Insurance Exchanges Explained: A Complete Unbiased Guide to the ObamaCare Health Insurance Marketplace. Our Health Insurance Exchange Guide makes using ObamaCare’s Health Insurance Marketplace easy. Get how-to’s, tips and tricks on using the marketplace. Our guide covers everything from applying for premium tax credits and out-of-pocket cost assistance, to comparing qualifying health plans,… Read More

Hawaii Health Insurance Exchange

How “Hawaii Health Connector”, The Official Hawaii Website for Health Insurance, Works The Hawaii Health Insurance Exchange, Hawaii Health Connector, is the official Hawaii State marketplace for health insurance under Obamacare. You can use Hawaii Health Connector to apply for cost-assistance, compare prices of plans, change plans, and enroll in a plan that best suits… Read More

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