Obamacare Rates and Providers for Other Years

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You may also be interested in:

• Do I Qualify For a Tax Credit to Pay My Premiums?

• How do I sign up in Hawaii?

• Using a Broker to Help You Sign Up

There are three primary ways to reduce the cost of health plans under the Affordable Care Act in Hawaii.

• You may be able to lower the cost of monthly premiums when you sign up for a private health insurance plan. Your subsidies will come in the form of a federal tax credit. This article is updated to cover the new tax credits available as of March 11, 2021, under the American Rescue Plan Act.
• You may be able to reduce your out-of-pocket costs -- including copayments, deductibles, and coinsurance -- with cost-sharing subsidies paid for by insurers.
• You may qualify for free or low-cost coverage through Medicaid in Hawaii, or your children may be able to obtain coverage through the Children’s Health Insurance Program (CHIP).

Each of these forms of assistance depends on your income and family size.

Many people who apply for coverage at the Hawaii exchange will be eligible for some form of financial assistance. Read on to learn more about each option.

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