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- If the lowest-cost health plan offered by your employer to cover only you costs more than 8.39 percent of your household income, you can apply for a Covered California plan with financial help.
www.coveredca.com/learning-center/employer-sponsored-coverage/employer-coverage-and-financial-help/
Financial help comes in two forms: the Premium Tax Credit, and reductions in what you pay for your health care (known as cost-sharing reductions). The Premium Tax Credit lowers the cost of your premium: the monthly bill you pay for your Covered California plan.
About 90 percent of people who have enroll with Covered California get financial help, and you could be one of them. You could even qualify for low-cost or free health coverage through Medi-Cal. Even if you’ve checked before, check again.
You may qualify for financial help to pay for your medical coverage. The amount of premium help you can qualify for is determined by a sliding scale that depends on age, household income and size, and the cost of affordable healthcare coverage in your geographic region.
• Premium assistance is only available through Covered California. Californians must purchase their health insurance plan from Covered California if they want to get premium assistance. • Premium assistance is paid to the health plans. The assistance is paid by the federal government directly
Getting Financial Assistance through Covered California TM How do I get my financial assistance? In advance: Your tax credit can be sent directly to the health plan you select, lowering your monthly payments. If you choose an advance credit, the government will pay 1/12 of your annual credit directly to your insurance company each month and you ...
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What do I do if I have questions about medications, accessing doctors, or specialists? Can I decline Medi-Cal and enroll in a Covered California health plan and receive the federal premium assistance? Is there a deadline to enroll in Medi-Cal?
People also ask
Can I still buy a Covered California Health Plan?
Can I get financial help to pay for my Covered California plan?
Do I qualify for financial help through Covered California?
Does Covered California offer financial help?
Are health insurance plans available on Covered California?
Can I still sign up for a health plan through Covered California?
Nov 2, 2022 · An estimated 1 million Californians are uninsured and eligible for low-cost or no-cost coverage through Covered California or Medi-Cal. Nine out of 10 Californians who sign up receive financial assistance.
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related to: Can I get a Covered California health plan with financial help?Finding The Right Coverage Is Easy with Anthem®. Sign Up For Coverage Now. 9 out of 10 People Qualify for Financial Help. See if You Qualify Today.
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