Dates and Deadlines For the 2022 Open Enrollment Season Under the Affordable Care Act (ObamaCare) ObamaCare’s Open Enrollment period for 2022 health plans started November 1, 2021, and ends January 15, 2022, in most states. Plans sold during Open Enrollment start as early as January 1, 2022. Open enrollment is the only time of year…
A List of States With a Health Insurance Requirement and Fee for 2021 Although the fee for not having health insurance has been reduced to $0 on a federal level since 2019, some states still have an individual mandate. Here is a list of states where you have to buy health insurance for 2021. States…
Some states have extended deadlines different from the federal deadline for ObamaCare. Below are the state-based deadlines for 2021 for marketplace coverage. Please double-check the official state-based websites and the federal marketplace HealthCare.Gov to confirm extensions each year, as some extensions are subject to change. Open enrollment ran from November 1, 2020 – December 15, 2020, unless otherwise noted.…
This page features a 2021 ObamaCare eligibility chart, the 2020 federal poverty level used for 2021 subsidies, and a subsidy calculator. TIP: The information on this page is for plans held in 2021. If you are shopping for 2022 plans, see our 2022 ObamaCare Eligibility Chart and Subsidy Calculator. ObamaCare Cost Assistance To get assistance…
Get the Facts on BidenCare. BidenCare is Joe Biden’s plan to ‘protect and build’ ObamaCare. It includes expanded cost assistance, a Medicare-like public option, and other healthcare reform measures. You can see Biden’s ‘Protect and Build” ObamaCare (AKA Bidencare) plan on his website. Or, keep reading to get the facts on BidenCare and a summary…
Everything You Need to Know About Obamacare Cost Assistance For 2021 We cover everything you need to know about cost assistance for 2021 health plans under the Affordable Care Act (ObamaCare). In other words, here is everything you need to know about Premium Tax Credits, Cost Sharing Reduction Subsidies, Medicaid and CHIP, HSAs, and Medical…
Cost Sharing Reduction (CSR) subsidies reduce your out-of-pocket expenses on silver plans purchased through the health insurance marketplace for those with incomes between 100% – 250% of the poverty level. CSR subsidies lower your coinsurance, and lower copays, deductibles, and maximum out-of-pocket costs you will pay in a policy period. CSR subsidies are based on…
The Premium Tax Credit Subsidy Caps By Percentage of Household Income for SLCSP 2021 Premium tax credit caps on 2021 marketplace coverage range from 2.07% – 9.83% of income based on the 2020 federal poverty level.[cite]Premium tax credit caps for 2021 are published in Rev. Proc. 2020-36.[/cite] Premium tax credits are tax credits that can…
Each year the ACA sets new limits for out-of-pocket maximums and deductibles. Here are the limits for 2021 plans for individuals and families.[cite]out-of-pocket maximum limit. HealthCare.Gov.[/cite][cite]See Notice of Benefit and Payment Parameters for 2020 for final levels.[/cite][cite]See Revenue Procedure 2020-32 for final HSA levels.[/cite] For 2021, your out-of-pocket maximum can be no more than $8,550 for…
Health Saving Accounts and ObamaCare for 2021 We cover everything you need to know about Health Savings Accounts (HSAs) for 2021, including how HSAs work with health plans under the Affordable Care Act. TIP: The Affordable Care Act is sometimes called “ObamaCare” or the “ACA” for short. Thus, this page is about HSAs and how…
How to Sign Up For Health Insurance Under the Affordable Care Act During the 2020 – 2021 Open Enrollment Season Sign up for ObamaCare between November 1 and December 15, 2020 to get health coverage and cost assistance for 2021. Get covered at Healthcare.Gov.[cite]Dates and deadlines for 2018 & 2019 health insurance. HealthCare.Gov.[/cite] Key Dates For…
Dates and Deadlines For the 2021 Open Enrollment Season Under the Affordable Care Act (ObamaCare) ObamaCare’s Open Enrollment period for 2021 health plans runs from November 1, 2020 to December 15, 2020 in most states. Plans sold during Open Enrollment start as early as January 1, 2021.[cite]Dates and deadlines for 2020 health insurance. HealthCare.Gov.[/cite] Open…
The 2020 Federal Poverty Guidelines (for 2021 Cost assistance and 2020 Medicaid/CHIP) Below are the 2020 Federal Poverty Guidelines that went into effect in early 2020 (the ones you use for 2020 Medicaid/CHIP and for 2021 marketplace cost assistance).[cite]notice 2020-00858. Federalregister.gov.[/cite] These guidelines are the key to all cost assistance under the Affordable Care Act. Specifically,…
Below are the Federal Poverty Level Guidelines (FPL) used to determine cost assistance for 2020 and 2021 health coverage under ObamaCare.[cite]notice 2019-00621. Federalregister.gov.[/cite][cite]notice 2020-00858. Federalregister.gov.[/cite] Please note that cost assistance for plans is based on the federal poverty levels from the previous year, so for example 2020 coverage is based on the 2019 poverty levels…
The Affordable Care is still in effect for 2020 and beyond, although there are some changes. In short, Americans no longer have to pay a fee for not having coverage, but they can still get cost assistance.
Our ObamaCare 2020 – 2021 Guide: Everything You Need to Know About ObamaCare Subsidies, Rates, Dates, Enrollment, and More We cover everything you need to know about ObamaCare in 2020 including information on enrollment, assistance, benefits, plan types, and more. Below we’ll cover what you need to know for 2020, and for 2021 coverage purchased in 2020. TIP:…
The Individual Mandate‘s fee has been reduced to $0 at a federal level starting in 2019. However, some states have their own individual mandate and fee. Sometimes you will hear that “the fee has been repealed,” or that “the mandate has been repealed,” or even that “ObamaCare has been repealed.” None of that is technically…
Here is a quick guide for enrolling in Healthcare.Gov coverage at the last moment.