Before the Affordable Care Act (ACA), also known as Obamacare, came into effect in March 2010, The CDC estimated that 44 million uninsured people were living in America.
Obamacare aims to make health insurance affordable to all Americans. It reduces costs that affect consumers and the federal government.
However, not every state is subject to all aspects of Obamacare. This makes applying for Obamacare a daunting and confusing process.
So, if you want to learn how to sign up for Obamacare in North Carolina, we’ve got you covered. Let’s look at Obamacare in North Carolina.
Does North Carolina Have Obamacare?
North Carolina does have Obamacare. Residents in North Carolina can apply for Obamacare insurance plans as long as they meet the state-specific requirements.
The most common conditions for Obamacare in North Carolina are the following:
- Residency: You should be a legal resident living in North Carolina
- Income: Individuals and families should have a household income between 100% and 400% of the federal poverty level.
North Carolina’s annual Open Enrollment Period is typically between 1 November and 15 December.
How To Sign Up For Obamacare In North Carolina
Signing up for Obamacare in North Carolina isn’t easy. Today, many complaints have been about the slow, unresponsive federal website, HealthCare.Gov. Alternatively, you could also try enrolling for Obamacare in North Carolina by phoning 1-800-318-2596.
However, a far easier method is to work with a qualified Obamacare broker, such as Enhance Health. You can find the best-priced health plans in North Carolina with an intuitive and easy-to-use website.
If you’re unsure how to navigate the process of signing up for Obamacare in North Carolina, give us a call. Our agents are experienced and knowledgeable and are here to guide you through the process of signing up for health insurance.
We’ll chat with you about your current income and lay out your options in a way that’s easy to understand. This way, you can make a smarter, more informed decision about your healthcare coverage.
You won’t have to spend hours or days trying to secure vital health insurance. Let our experts help you apply for Obamacare in North Carolina.
What Do You Need To Sign Up For Obamacare?
You need to have a lot of documentation ready when you sign up for Obamacare. The following documents are necessary:
- Tax returns: You should have your and your family’s tax information on hand.
- Projected income: Any documentation indicating your projected income for the next year.
- Medical history: Obamacare forces insurance companies to accept everyone, regardless of their medical history. However, medical information such as your weight, age, and tobacco use still affects the cost of your Obamacare plan.
- Social security number: You need a social security number unless you’re a legal immigrant. If you’re a legal immigrant, you need to supply any documentation that proves your status.
- Employer and income information: The more documentation you provide, the better. Documentation should include every member of your household. You must submit information such as your W-2 forms, pay stubs, or Wage and Tax Statements.
- Current health insurance policy numbers: If you or your family are on any current health insurance plans, you must include the policy numbers.
- Other: Any other documentation that may affect your medical insurance premium or coverage options.
Obamacare Rates In North Carolina
Like with most states, Obamacare rates in North Carolina are subject to the following:
Your Obamacare Plan
Residents living in North Carolina can choose between four different Obamacare plans.
Each plan offers a different coverage level. The Obamacare plan covers only a percentage of your healthcare costs. Residents are expected to pay the balance out-of-pocket.
The four Obamacare plans in North Carolina are:
- Bronze (covers up to 60% of your healthcare costs)
- Silver (covers up to 70% of your healthcare costs)
- Gold (covers up to 80%)
- Platinum (covers up to 90% of your medical expenses)
Bronze and Silver plans are best suited to young, relatively healthy people. If you don’t make frequent doctors, these Obamacare plans are perfect for you. With these plans, you pay a lower monthly premium. However, your out-of-pocket costs are typically the highest.
Gold and Platinum plans are perfect for individuals or families that require regular medical care. While these plans have the highest monthly premiums, they offer the lowest out-of-pocket costs.
Subsidized Costs
Residents in North Carolina can apply for various subsidies to help cover the cost of their Obamacare plan. For instance, residents can use their tax credits to cover the cost of their monthly premiums.
Age
Obamacare is available to all residents, regardless of their age. However, age still affects your monthly premium. Generally, the older you are, the more you can expect to pay for Obamacare in North Carolina.
Tobacco Use
Obamacare allows insurance companies to adjust your monthly premium based on tobacco use. If you smoke, you can expect to pay up to 50% more for your Obamacare plan in North Carolina.
Area
Obamacare split North Carolina into 16 areas. Each area has a slightly different rate, which influences your monthly premium.
Sign Up For Obamacare In North Carolina Today
In October 2022, over 670,223 people enrolled in Obamacare in North Carolina. Obamacare has made a significant improvement in the lives of Americans, providing vital healthcare across the country.
Give Enhance Health a call today and find an Obamacare plan fit for your lifestyle.
