What You Need to Know about Health Insurance

There may be things about health insurance that may not familiar to you and could cost you extra money, if you’re not careful. Most people know that they must pay a monthly premium to keep their health insurance coverage. Many people don’t know that there are often costs to use the insurance. Learn about the cost of using your health insurance.

This short video also explains insurance terms, like deductibles and provider networks. It also explains how individuals pay for coverage and get medical care and prescription drugs using their health insurance.

Individuals and families living in households with incomes between 100% and 400% of the Federal Poverty Level (FPL) are eligible for financial help to lower the cost of health insurance they get on the Marketplace. People with household incomes between 100% and 250% FPL are eligible for financial help with co-pays and other out-of-pocket costs related to using health insurance.

Still have questions about health insurance or the Marketplace? Check out this resource by the Kaiser Family Foundation about Health Insurance and the Marketplace:  Find Answers to 300 FAQs about Health Coverage.