Obamacare, also known as the Affordable Care Act, was passed by President Obama in 2010. Its main aim is to provide affordable health insurance to Americans. To access the benefits of Obamacare, however, you need to sign up during a specific time known as the ‘open enrollment period’.
There are various plans to suit the different needs of a family versus an individual. As a result, the sign-up process can be overwhelming if you are doing it for the first time.
So, be sure to take some time to familiarize yourself with all aspects relating to Obamacare. Below we take a look at what it is, the rates, and how to sign up for Obamacare in Ohio.
About Obamacare In Ohio
Obamacare is Federal law with its main aim being to provide affordable healthcare – regardless of your household income.
In fact, if your household income is between 100% and 400% of the Federal Poverty Level, you may also qualify for premium tax credits or other subsidies which significantly lower your premium.
Another great initiative of Obamacare is that it mandates certain coverage. In other words, regardless of the plan, the Act obliges health insurance providers to provide cover for the following 10 categories:
- Emergency services.
- Preventative and wellness services and chronic disease management.
- Pediatric services include oral and vision care (this is not included for adults).
- Laboratory services.
- Prescription drugs.
- Pregnancy, maternity, and newborn care.
- Mental health and substance use disorder services.
- Rehabilitative and habilitative services and devices.
- Ambulatory patient services.
When Did Obamacare Come To Ohio?
Obamacare landed in Ohio soon after then-President Barack Obama signed it into law in 2010. Since then, it has helped thousands of Americans gain access to affordable healthcare.
It has also provided platforms called marketplaces that allow Americans to compare different plans and their prices.
Who Is Eligible For Obamacare?
Before signing up for Obamacare in Ohio, it’s important to ascertain whether you are eligible to do so. This should be your first port of call.
Most Americans qualify for Obamacare as long as they meet the following criteria:
- You live in the United States.
- You are a US citizen, or national, or you are lawfully present in the US.
You will unfortunately not qualify for Obamacare if you are incarcerated or you already have Medicare coverage. An important note is that there is no minimum income threshold.
Ohio Obamacare Rates
The rates of Obamacare in Ohio vary depending on the type of plan you take and your age when signing up for the plan. Let’s take a look at some cost estimations below to get an idea of the plan that suits you!
If you are aged 20 years and below, you can expect to pay around $194.78 for the bronze plan. On the silver plan, you will pay an estimate of $251.36. If you require more comprehensive coverage and choose the gold plan you will pay about $316.54. For the highest cover for a 20-year-old and below, you can expect to pay $380.60 on the platinum plan.
If you enroll at the age of 30, you can expect to pay slightly increased rates like around $242.14 for the bronze, $312.47 for the silver plan, $393.51 for the gold plan, and $473.15 for the platinum plan.
You can expect to pay the highest rates if you enroll at the age of 60. The bronze plan costs around $579.01 and about $1131.38 for the platinum plan.
How To Sign Up For Obamacare In Ohio
Signing up for Obamacare for the first time or even changing plans can be an extremely overwhelming task. There are several different factors to consider when it comes to choosing the right plan for you and your budget.
Enhance Health has a team of experts that are happy to assist with any and all aspects relating to Obamacare. Our brokers have intricate knowledge of all the different plans and prices. We are also happy to answer all questions and take you through every aspect of the plan so you know exactly what you’re covered for.
Our brokers will also help you switch plans and give you a full list of plan comparisons to suit your needs. So, if you are thinking of signing up for Obamacare, be sure to contact Enhance Health!
To sign up for Obamacare, you need to have certain documents ready (including your social security numbers, income information, medical history, employment details, and more). If you are unsure about any documents, our brokers at Enhance Health are more than happy to take you through all the necessary documentation.
It’s also important that you sign up during the open enrollment period for your state. In Ohio, the open enrollment period is between 1 November and 15 January. Should you miss this, you can only sign up if you qualify for special enrollment.
When it comes to signing up for Obamacare in Ohio, be sure you have the best team on your side to assist. Get in contact with Enhance Health to make the whole process easier. We’ll help you compare your options and activate the right policy so that you can get the healthcare coverage you need.