Health Insurance Marketplace
Sometimes referred to as “the exchange”, Connect for Health Colorado is the state’s health insurance Marketplace. Individuals, families and small employers can shop for and buy health insurance through the Connect for Health Colorado website. Boulder County is a Certified Connect for Health Colorado Assistance Site and has trained Health Coverage Guides to help residents enroll in health insurance. Call 303-441-1000 or email firstname.lastname@example.org for more information or to make an appointment with a Health Coverage Guide.
Marketplace Helps People Who Are Not Eligible for Medicaid or Employer Based Coverage
With one application individuals and families can be evaluated for their eligibility for Medicaid/CHP+ and tax credits to help pay for private insurance in the Marketplace. The Marketplace is for U.S. citizens, legal permanent residents and all other lawfully present immigrants who currently buy insurance on their own, who are uninsured, or don’t have access to affordable coverage through their employer. Note: Deferred Action for Childhood Arrivals (DACA) permit holders are not eligible.
Tax Credit Lowers Your Monthly Premium
If you are eligible for tax credits they can be applied directly to your monthly premiums in order to reduce your monthly payment. Tax credits are calculated by the Marketplace using your estimated 2019 household income. Use Connect for Health’s Quick Cost and Plan Finder Tool to estimate your tax credit amount. To find out what counts as gross income, visit Health Reform: Beyond the Basics to see the formula for calculating Modified Adjusted Gross Income (MAGI).
Financial Assistance Reduces the Cost of Insurance
Financial assistance in the form of tax credits and cost share reductions is available for plans purchased through Connect for Health Colorado. Many households assume they earn too much to qualify. A household of four earning up to $100,400 may still qualify for financial assistance to reduce the costs of premiums. Not sure about your household’s eligibility? Meet with a Health Coverage Guide to see if your family qualifies for tax credits.
- Connect for Health Colorado: www.ConnectforHealthCO.com
- Connect for Health Colorado: 1-855-752-6749 (1-855-PLANS-4-YOU)
- Boulder County Health Coverage Guide: 303-441-1000