Gary Bush, Insurance Agent

All of the plans in the Marketplace cover a set of essential health benefits, including hospital visits, medications, and doctors. Price, benefits, quality, and other features you care about should be compared when you consider which plan to get. Private companies can and do offer all of these types of plans. The Marketplace will share what each plan covers when you order. You will see all costs upfront, so you know what coverage you are getting and how much it will cost you. The insurance company cannot refuse coverage or make you pay more if you have a pre-existing or chronic condition. They can charge women less than they do men. Monthly premiums might be lowered When applying to the Health Insurance Marketplace, you will find out if you qualify for a premium tax credit. This is the amount you pay every month to your insurance plan. The size of the premium tax credit depends on your estimated household income for 2019. Four-level coverage Choosing one plan over another can affect how much you pay in premiums each month. This choice also impacts how much you pay for prescriptions or hospital visits. Your out-of-pocket costs, which are the total cost of healthcare that you will need to cover for the year, are also influenced by your decision. The four metals are: Bronze Silver Gold Platinum Marketplace offers some “catastrophic policies” to people under the age of 30 and those who have low incomes.