Open enrollment to purchase insurance through the federal marketplace has begun

The start of November means more than the holiday season is upon us. It also marks the beginning of open enrollment for health insurance through the

Open enrollment insurance plans are commonly known as Obamacare. This is different than insurance through work or Medicare.
This year, enrollment in the Affordable Care Act Marketplace hit a record high.
it reached over 21 million people who enrolled. The KFF said there’s a reason for that growth.
The American Rescue Plan Act of 2021 expanded who is eligible for subsidies from the government to help pay insurance premiums. The Inflation Reduction Act of 2022 keeps those expanded eligibility criteria in place through 2025.
“For some people, they can sign up for coverage at no cost because of the subsidies and the cost-sharing help that’s available on the marketplace,” said Christopher Garmon, University of Missouri-Kansas City assistant professor of health administration. “It’s a time where knowing what you qualify for can save a lot of money.”
Martin Rucker is insured through his wife’s employer. He said health insurance is crucial for them and their kids.
“You know, honestly the first thing is affordability,” he said. “We’ve got three little kids. They’re 7, 5, and 3, and you just never know when something’s gonna go wrong. Something’s going around school. And then before you know it, the whole family’s got it.”
If you want to see how much you save through subsidies,
You select your zip code, age, household size, and income. It will estimate your monthly subsidy from there.
The deadline is Dec. 15, if you want coverage that begins Jan. 1, 2025.