Also known as the Affordable Care Act, you must know that health insurance is essential. In this article, you will learn everything about the enrollment side of the ACA. But there’s much more to this so, for everything else, we suggest our detailed Obamacare guide.
Obamacare plans start at $0/mo, and you can bet that here at Cuspide we will find you the best possible coverage at the most affordable price. All our quotes are at no cost.
It’s important to know how these plans work and the requirements. From the enrollment process to the income limits and more, let’s take a deep dive into Obamacare Open Enrollment 2024.
When is the ACA open enrollment for 2024-2025?
Obamacare open enrollment begins on November 1st,2024 and will go through February 15th, 2025. This is when individuals and families sign up and make any changes to their health plans. You can update your income, change your address, add, or remove people from your policy, etc. Everyone who applies for ACA health insurance before December 15 will be effective on January 1st, 2025. You can apply by contacting us!
But what if you missed the Open Enrollment period? In that case, you can still qualify for coverage through something called the “Special Enrollment Period.” To qualify, you must experience a certain life event like:
- Getting married
- Having a child
- Losing health coverage
- Moving
- Changed migratory status
Also, it’s important to note that you typically have a limited time window (60 days) after the qualifying life event to enroll in Obamacare plans. If you missed the open enrollment dates or have more questions about the Special Enrollment Period, give us a call at (305) 970-8583 and we will be able to help you!
Obamacare income limits for 2024-2025
Below is the ACA subsidy chart for 2024/2025. Find out your household size, then see if you meet the Obamacare income requirements. In this Cuspide chart, you can see the minimum and maximum income levels needed to qualify for a plan. Whether you are a family of 2 or a family of 4, check your ACA eligibility here:
Affordable Care Act income limits chart
It’s important when speaking to an insurance agent that you give them the right information. Wrong information can lead to an error in the application, which can make you pay more for your plan. Also, make sure that you contact an insurance agency that can sell ALL health insurance companies like us. Because some agents will only sell you what they can sell, and that sometimes means a more expensive plan! (Yes, your friend that is an agent might actually be costing you more money!)
For video lovers, we recommend watching this video by us that explains how the chart works. Find out if you qualify and how to enroll and prepare.
What are the Obamacare requirements for 2024/2025?
So, who is eligible for ACA coverage in 2024? If you want to know how to enroll in marketplace plans, here are some important things you need to know. Here are the requirements:
• Must be legal resident or citizen of the U.S. (temporary work Visa, residency card, etc)
• Cannot have Medicaid, Medicare, or health insurance through your job
• Can’t be incarcerated
• Must declare taxes and meet the minimum income requirement
• Have a social security number
Also, it’s important to know that you can’t be claimed as a dependent on someone else’s tax return if you want to qualify for a plan through the ACA. This means that if someone else, like a parent, claims you on their taxes, you might not be eligible. Instead, you would have to be a part of their policy and go under them as a dependent.
And, as stated before, your income also matters. Marketplace plans provide individuals and families with financial assistance, called subsidies, to people with lower incomes to help them afford their plan. If you want to know how much you will receive, it is best to contact an insurance agent.
You can give us a call or shoot us a message anytime at (305) 970-8583
What is the minimum income for Obamacare?
The minimum income to qualify for ACA in 2024 is $14,580. That is for a single person. For two people, it is $19,720, and for a family of three, it is $24,860. Use our Affordable Care Act income limits chart to find out if you or your family qualify. Also, if you have no income but are planning to start working soon, you can still qualify!
How to enroll in ACA insurance for 2024
We understand that it could be confusing to get a health plan, but with Cuspide, we make it easy. You can sign up for marketplace coverage through contacting an agent or broker. Don’t go through the Obamacare open enrollment without a plan! Cuspide can help you sign up. Here is the simple enrollment process for getting an ACA plan with us:
1. We show you all the different plans in the marketplace that are based on many factors.
2. Once you choose a plan, we start the application through the healthcare.gov marketplace.
3. We will send you confirmation of the plan and make payments if needed.
It’s as easy as 123, literally. Unlike some other agencies, Cuspide is with you even after helping you get a plan. We are available 24/7 to help you with services like finding a doctor, making payments, downloading your 1095-A, and more.
FUN FACT: If you/your household are making less than $50,000 a year then you qualify for a FREE health plan through the marketplace!
ACA enrollment phone number
If you want to speak to a representative or insurance agent/broker, then contact us at Cuspide.
When you call this health insurance phone number you can compare health plans and choose the right one for you. Do not wait! Get access to all the benefits and call now!
About Cuspide
Now that you know a bit more about Obamacare open enrollment 2024-2025, we invite you to learn more about us. We are an insurance agency based in Miami, FL. We offer affordable plans to individuals and families all over the United States. So, when you look for Obamacare agents near you, then you can count on us.
Using the (healthcare.gov) insurance marketplace, we let you compare and choose the right health plan. Cuspide will be with you even after the sale, answering any questions you may have and offering you quality customer service. Your 24/7 insurance agents.
We hope you learned a bit more about Obamacare and the Affordable Care Act (ACA) from this guide. Choosing the right plan is easy. For everything health insurance, you have Cuspide.
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