Academy · Marketplace
ACA & Marketplace basics.
The Health Insurance Marketplace is where individuals and families who don't get coverage through an employer or government program can compare and enroll in private health plans.
Who it's for
Self-employed people, small business owners, early retirees, and anyone between jobs or without employer coverage can typically shop the Marketplace.
Metal tiers
Marketplace plans are grouped into Bronze, Silver, Gold, and Platinum tiers. The tier doesn't describe quality of care — it describes how costs are split between your monthly premium and what you pay when you use care. Bronze plans generally have lower premiums and higher out-of-pocket costs; Platinum is the reverse.
Premium tax credits
Depending on household income and size, you may qualify for a subsidy that lowers your monthly premium. Whether you qualify, and by how much, depends on your specific numbers each year.
Open enrollment vs. special enrollment
Marketplace plans generally have an annual open enrollment window. Outside that window, you may still be able to enroll if you have a qualifying life event, such as losing other coverage, moving, or a change in household.
This is general educational information, not personalized advice, and not an offer, quote, or enrollment in any plan. A licensed agent can walk through your specific situation.
Talk it through
Start with your actual situation.
Tell us about your household and we'll help you compare real Marketplace options.