Member-only story
Can you save on premiums with a Marketplace plan? Here’s what to expect when you enroll.
By Deb Hipp for Debt.com
Each year, the Federal Health Insurance Exchange — also known as the Marketplace — allows American consumers to enroll or re-enroll in a health insurance plan through the marketplace during a specific “open enrollment” period.
This year, open enrollment for health insurance plans that start Jan. 1, 2021, is from Nov. 1 to Dec. 15. To check out plans and enroll, visit HealthCare.gov.
But first, click or swipe to learn what to expect when you enroll in a Marketplace plan.
Valeri Potapova / shutterstock.com
1. You must provide information before shopping
Since where you live and other factors matter when it comes to health insurance on the Marketplace, you can’t just go in and preview general rates for your age and household members. You must narrow your personal information down before you can see available plans and their monthly premiums.