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    related to: Does Covered California offer financial help?
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  1. What is 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. You can choose to get the Premium Tax Credit each month ...

  2. Mar 3, 2024 · Covered California may offer financial help through tax credits to help pay your premium and assistance with other out-of-pocket costs. But you must be a legal resident to sign up for Covered ...

  3. s, you may have to return some of the tax credit money. You should report any changes in your income to Covered California as they happen, so your tax credit will be adjusted in real-time and you can a. help, please contact:CoveredCA.com. | (800) 300-1506How do I get my financial assistance?In advance: Your tax credit can be sent directly to the.

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  4. Anyone who qualifies for cost-sharing subsidies will pay less for health care expenses, including costs incurred when they receive medical care. Covered California can help people find out whether they qualify for assistance or free coverage in person, by phone and online. For more information, visit www.CoveredCA.com or call (800) 300-1506.

  5. Covered California is the state’s health insurance marketplace where Californians can shop for health plans and access financial assistance if they qualify for it. Health plans available through Medi-Cal and Covered California both offer a similar set of important benefits, called essential health benefits.

  6. After financial help from: You may qualify for: You may qualify for: Covered California both Covered California and no-cost or low-cost coverage through Medi-Cal. no-cost or low-cost coverage check_circle Financial Help: $ per month

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  8. Covered California. urance Is a National PriorityIn 2010, the federal government approved a law — the Patient Protection and Afordable Care Act (Afordable Care Act) — to increase the number of Americans with health insurance and. cut the cost of health care.The law is important to Californians because it provides financial assistance to ...

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