Under the Affordable Care Act (Obamacare), you may be able to reduce your health insurance costs through:
- immediately available subsidies in the form of tax credits that lower your monthly premiums, including assistance available under the American Rescue Plan Act, signed by President Biden on March 11, 2021, extended to 2025 by the Inflation Reduction Act
- cost-sharing subsidies to reduce your out-of-pocket costs, or
- if your income is very low, by qualifying for Medicaid.
Many people who apply for coverage using their state's health care exchange will be eligible for financial assistance. Choose your state from the list on this page to learn more about your options.