If you’ve lost your job during the pandemic, and with it your health insurance, you may think that Obamacare plans are too expensive and therefore not worth seeking. Or maybe you’re worried about whether the coverage will withstand legal challenges.
Think again, health care analysts say.
Most people seeking insurance through Obamacare marketplaces qualify, based on their income, for tax credits that significantly lower their cost of coverage. Two-thirds of customers on HealthCare.gov, the federal insurance exchange, can find a plan for $10 a month or less, according to Get America Covered, a nonprofit that advocates health coverage under the Affordable Care Act, also known as Obamacare. In some cases, tax credits can lower the monthly premium to zero. Many people are also eligible for extra financial help that reduces their out-of-pocket costs when they seek care.
To read more visit: https://www.nytimes.com/2020/11/13/your-money/obamacare-open-enrollment-deadline.html