Plans Available: The Marketplace offers a variety of health insurance plans, categorized by metal tiers (Bronze, Silver, Gold, Platinum) based on the amount of coverage and costs, such as premiums, deductibles, and out-of-pocket expenses

Financial Assistance: Based on income, individuals and families may qualify for subsidies to help lower the costs of insurance, such as:

• Premium tax credits to reduce monthly premiums

• Cost-sharing reductions to lower out-of-pocket costs (e.g., copays, deductibles) for eligible individuals

Eligibility: Marketplace insurance is available to U.S. citizens and legal residents who don’t have access to affordable employer-based insurance, Medicare, Medicaid, or other public insurance programs. Income limits apply to qualify for financial assistance

Open Enrollment Period: People can sign up for or change their Marketplace insurance plans during specific periods (usually once a year during the Open Enrollment Period). Outside of this period, you can only apply if you qualify for a Special Enrollment Period due to life events such as marriage, childbirth, or loss of job

State or Federal Marketplace: Depending on where you live, the Marketplace may be run by the federal government (Healthcare.gov) or by individual states through their own state-based exchanges