Both types of Affordable Care Act financial help – including cost-sharing reductions – are still in place for 2018 health insurance! But you must enroll by Dec. 15 to receive it. Please share with your congregation, family and friends these important facts.

The ACA provides financial assistance to eligible people on a sliding scale.

Medicaid expansion: Most Ohioans covered under the ACA qualify for free coverage (including prescriptions, dental, and vision care) under Ohio Medicaid. You can easily apply for Medicaid by creating an account on benefits.ohio.gov and answering the questions with a red asterix.

Those whose income is above Medicaid limits can buy insurance on Healthcare.gov.

Premium savings: Citizens and legal immigrants earning up to 400% of the federal poverty level can get federal tax credits to reduce their monthly premiums.

Cost-sharing reductions (CSRs): Insurance companies must still provide these savings to consumers earning below below 250% of the federal poverty level even though the federal government has stopped reimbursing the companies.  To get these subsidies, you must choose a Silver plan.

The CSRs can dramatically reduce deductibles and co-payments, as in the case of the young adult daughter of a Cincinnati Episcopalian who qualified last week for a plan with zero deductible and a $1,000 annual-out-of-pocket maximum.  Her premium is $41 per month.

The chart below shows what aid you qualify for in Ohio, based on your household size and monthly gross income.

Download chart: 2018 Medicaid and Marketplace charts

To see what aid you qualify for, and compare plans in your county, use the Healthcare.gov Window Shopping Tool:

1. Go to Healthcare.gov

2. Click on “Get Coverage” on the upper left.

3. Then click on “See plans and prices” on the lower right and follow the prompts.

To enroll, create an account on Healthcare.gov, complete your application, and compare plans with the discounts reflected in the prices.  Healthcare.gov lets you put your doctors, hospital, and prescriptions into the search to see which plans include them.

If you need help applying, go to Healthcare.gov and click on “Find Local Help” (link on the bottom right) to find free, trained assisters near you.

 

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