Your monthly ACA premiums are determined by factors like age, location, plan type, and whether you qualify for subsidies based on your income. To explore premium estimates and subsidy options, schedule an appointment with a Tsunami Advisor here: Schedule an Appointment.

To reduce your ACA health insurance premiums, you may qualify for premium tax credits if your household income is between 100% and 400% of the federal poverty level (FPL). You may also be eligible for cost-sharing reductions if your income is between 100% and 250% of the FPL and you choose a Silver plan. To explore your options, schedule an appointment with a Tsunami Advisor here: Schedule an Appointment.

Your ACA plan deductible is the amount you pay out-of-pocket before your insurance starts covering most healthcare services. Deductibles vary by plan type, with Bronze plans having the highest deductibles and Platinum plans having the lowest. Once you meet your deductible, you’ll pay a percentage of costs through coinsurance. To explore plan options, schedule an appointment with a Tsunami Advisor here: Schedule an Appointment.

Premium tax credits reduce your monthly health insurance premiums by applying financial assistance based on your income and household size. To qualify, your income must fall between 100% and 400% of the federal poverty level (FPL), with expanded subsidies for higher incomes. To learn more about how premium tax credits can lower your costs, schedule an appointment with a Tsunami Advisor here: Schedule an Appointment.

The out-of-pocket maximum limits the amount you’ll have to pay for covered healthcare services in a year. Once you reach this limit, your ACA insurance will cover 100% of your medical expenses. For help choosing a plan with the right out-of-pocket maximum for your needs, schedule an appointment with a Tsunami Advisor here: Schedule an Appointment.

After enrolling in an ACA plan, your monthly premium is usually locked in for the year, but changes in income, household size, or employment can affect your premium mid-year. To avoid surprises, report changes to the Marketplace as soon as possible. For personalized help, schedule an appointment with a Tsunami Advisor here: Schedule an Appointment.