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      • Through Healthcare.gov, most Illinois residents will qualify for financial help to lower monthly premium costs or reduce cost-sharing. Only Silver plans are eligible for financial help with cost-sharing, and sometimes this financial help makes the cost-sharing on the Silver plans lower than Gold or Platinum plans.
      getcovered.illinois.gov/shop-enroll/choosing-a-healthplan.html
  1. getcovered.illinois.gov › resources › financial-helpFinancial Help - Illinois

    Cost sharing reductions, also known as healthcare discounts, is financial help applied automatically when you go to the doctor or fill a prescription. They will also lower your: Out-of-pocket maximum; Deductible; Copays for seeing a doctor; Copays for drugs; Coinsurance for hospitalization

    • Applying For Extra Help
    • Extra Help Benefits For People Who Have to Apply
    • Eligibility For Extra Help

    If you are not automatically eligible, you must apply. You may apply: 1. Through a Social Security Administration office 2. Through an Illinois Department of Human Services (DHS) office, or 3. Online. There is an advantage to applying through DHS. You can ask DHS to review your eligibility for Medicaid or other programs that help you pay other Medi...

    There are different levels of Extra Help available. They depend on your income and assets. People with a lower income and fewer assets get more help with their Medicare drug plan costs. Learn more about the benefits of both Full Extra Help and Partial Extra Help. Nobody receiving Extra Help has to worry about the donut hole. Income and asset limits...

    By law, SSA is required to review a beneficiary's eligibility for Extra Help periodically. When it is time for your review, the SSA will send you a form called "Social Security Review of Your Eligibility for Extra Help" or the SSA-2016 form. You have 30 days to complete and return this form. Any changes to your Extra Help will start in January of t...

  2. You may qualify for Premium Tax Credits and Cost Sharing Reductions to help lower your monthly health insurance premiums for ACA Marketplace plans. Premium Tax Credits. You can qualify based on: Your family/household size; Where you live; Your family/household estimated annual income; You can:

  3. First, check out HealthCare.gov and see if you qualify for cost assistance or Medicaid based on your projected Modified Adjusted Gross Income (MAGI). You can use the Kaiser Family Foundation’s coverage calculator to figure out if you qualify for assistance and how much your monthly premium will cost before and after assistance.

  4. For those who are uninsured and do not qualify for Medicaid, the Illinois Health Insurance Marketplace (The Marketplace) is an online shopping website where you can compare health insurance plans side-by-side, and receive financial help from the government to help pay insurance costs.

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  6. Apr 20, 2022 · Under the Medicare Part D Low-Income Subsidy (LIS), the federal government subsidizes premiums, deductibles, and cost sharing for the Part D prescription drug benefit, providing varying levels...