Through the new law:
- More people than ever are eligible for help paying for health coverage, even those who weren’t eligible in the past.
- Most people currently enrolled in a Marketplace plan are eligible for additional tax credits.
- S first health insurance after these new savings will be reduced.
The Inflation Cut Act maintains these savings and reduces costs through 2025. Your current Marketplace plan and premium won’t change for the remainder of 2022. If you qualify for savings on 2023 coverage, you’ll see lower costs when you buy plans, starting November 1.
For New York families, open enrollment is available through December 15. To enroll, New Yorkers can visit the State of Health website to compare health plan options and see if they’re eligible for Medicaid or Child Health Plus through the Marketplace. anyone can apply here.
The Marketplace gives you an easy way to compare health insurance plans so you can choose the one that best fits your health care needs and budget. Health insurance offered through the Marketplace will include a full set of benefits and coverage.
To shop on the Marketplace, you must:
- Must live in New York
- Must be a US citizen, national, or legally present immigrant (different immigration rules may apply if you are eligible for Child Health Plus or NYS Medicaid or Essential Plan based on your income)
- You cannot be currently incarcerated. (Different rules may apply if you qualify for Medicaid based on your income)
- You cannot claim coverage for care in a nursing home or care provided in a children’s and youth residential treatment facility, developmental facility, or intermediate care facility for people with developmental disabilities
In New Jersey, open enrollment for 2023 coverage will be in effect through January 31, 2023. Open enrollment is the only time of year to enroll for coverage for the following year, unless you have of an eligible life event.
Due to federal and state changes, New Jersey residents are now eligible for record levels of financial aid. If you didn’t qualify for financial aid in the past because your income was too high, you may qualify under state and federal changes. These changes make coverage more accessible to most income levels.
To get started, you can find the Spanish website here.