Financial Assistance - Individuals
Did you know you may be able to get financial assistance for your health insurance?
The Affordable Care Act allows for people to get financial assistance, also known as subsidies or tax credits, to help pay for their health insurance.
What financial assistance is available?
You may qualify for two types of subsidies.
- Premium Subsidies, also referred to as advanced premium tax credits, may lower the amount of the premium you pay each month.
- Cost Sharing Reduction Subsidies limit the maximum out-of-pocket costs. This may lower how much you pay when you go to the doctor, hospital, pharmacy or other healthcare professional.
Which health plans are eligible for financial assistance?
BCBSAL has six eligible health plans for those that qualify:
- Blue Value Gold
- Blue Cross Select Gold
- Blue Value Silver
- Blue Cross Select Silver
- Blue Saver Bronze
- Blue HSA Bronze
How do I enroll in a plan with financial assistance?
- If you need assistance enrolling in a plan, please call us at 1-855-890-7416 or visit Healthcare.gov