Make sure you know your options while shopping for a plan on the health insurance marketplace in Hawaii.
Almost 17,000 Hawaiians enrolled in a health plan from the Hawaiian healthcare exchange in 2018. Of that number, 84 percent were eligible for a tax credit that reduces costs, making affordable healthcare possible.
Find out if you qualify before purchasing a health insurance plan.
Exploring the Health Insurance Marketplace in Hawaii
While shopping for a plan on Hawaii’s health insurance marketplace, there are a couple of things to keep in mind:
- You can enroll in a plan during the Open Enrollment Period. If you are interested in a plan, you must sign up during this period. However, there are some circumstances, such as losing health insurance or moving, where you can enroll in a plan at other times throughout the year.
- Subsidies can help with premium costs. If you are concerned about the cost of a health plan, you may qualify for a premium-reducing subsidy. These help make affordable healthcare insurance a reality.
HealthMarkets can help find the answers to your questions about the health insurance marketplace in Hawaii.
Call us today at (800) 360-1402.
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References:
https://www.kff.org/other/state-indicator/effectuated-marketplace-enrollment-and-financial-assistance/