Connecticut’s Health Insurance Marketplace
Residents of Connecticut have access to a state-run exchange offering cost-effective choices for major medical coverage. Established by the healthcare law, the health insurance exchange provides individual insurance at a lower cost through subsidies.
What is the Exchange?
Connecticut’s health insurance exchange connects uninsured residents with well-priced coverage. Reputable insurers have agreed to offer plans that cover certain benefits, lower premiums with tax credits, and provide enough coverage to adhere to the Affordable Care Act’s guidelines.
You can determine your eligibility for financial assistance in Connecticut by using the tax credit calculator below.
Why do I need coverage?
Keeping your health in tact has more of an impact than you may realize, if you’re healthy and rarely visit the doctor, that is. Even if you’re in good health, it’s pertinent that you invest a small, manageable fraction of your income and time into maintaining it.
Additionally, coverage is now a requirement. Federal law requires uninsured people to get covered or otherwise pay a penalty in most instances.
How do I know if the exchange is right for me?
Those who aren’t insured and haven’t been able to afford coverage in the past will generally be candidates for the exchange. Although subsidies don’t cover very low-income individuals, they do provide a substantial buffer for those who earn poverty-level income or higher.
If you have a medical condition and you need treatment, the marketplace is also a great option. While insurers are free to cover (or not cover) any service, there are many required benefits that ensure you have access to care.
Essential health benefits are covered by each plan on the marketplace, such as flu shots, maternity care and hospital stays. Emergency care is also included, and so is free prevention.
Our agents can help you find a great policy that suits your budget. One goal is to get you cared for, and another is to make sure you don’t have any unnecessary fines to pay for being uninsured.
Connecticut Subsidy Calculator
Use this tool to find out if you qualify for subsidized coverage on the Connecticut health insurance marketplace. You can view the carriers serving your area and your potential tax credit to help reduce your monthly premium.
*The above disclaimer pertains to the creator of this comparison tool, not East Coast Health Insurance, a licensed broker of insurance products.