When you’re searching for affordable health insurance online, the New York Obamacare health insurance plans offered through the Empire State’s marketplace cover everything you and your family need. Overall, the sign-up process is easy and relatively straightforward because the only catch is that the savings you receive will depend on how much income you make.
Still, it’s perfectly understandable if you have questions about Obamacare in New York, especially since it’s so hard to find reliable, trustworthy information about the Affordable Care Act (i.e., ACA or “Obamacare”).
Finding affordable health insurance doesn’t have to be a hassle or require a lengthy search. However, there are much more efficient and helpful ways to find New York health insurance if you have a tool to compare quotes side-by-side. Besides, learning the essentials of Obamacare is vital to choosing the right plan for your health needs, so here’s a quick breakdown of what to expect before you pick a health plan in New York.
Are New York Obamacare health insurance plans different from standard Obamacare?
Honestly, there’s been so much arguing over whether or not the ACA is legal that not many people understand what’s actually in the law. Strong opinions may be entertaining on television, but in the real world, when people get sick, they don’t want to hear over-the-top rhetoric and pettiness. They simply want to feel better and live a healthy life – without declaring bankruptcy when medical bills pile up.
First of all, Obamacare isn’t health care reform; it’s health insurance reform and contains many financial protections and safeguards to make health coverage more affordable for low-income individuals. Your insurance carrier can’t deny you for having a pre-existing condition like asthma or diabetes, and they’re no longer allowed to charge you hundreds of thousands of dollars or more if you get severely sick.
Before the ACA, health insurance companies could essentially do whatever they wanted with their policies, canceling them when patients racked up too many charges or got too sick. But since 2010, Obamacare’s provisions changed all of that, and you now have more options and more rights as a consumer.
That said, New York Obamacare health insurance plans aren’t very different from comparable plans available through the federal government’s marketplace. They come with the same essential benefits and identical cost-sharing reductions and subsidies to offset the cost of premiums. The main difference lies in how you actually apply for the insurance.
How to find affordable health insurance in New York
The good news for New York residents is that the state opened up its own health insurance exchange after the ACA became law in 2010: New York State of Health. Another common name for the marketplace of the Empire State is the New York State Health Benefit Exchange.
Essentially, Obamacare requires each state to create an online marketplace, but the states have the option to opt-out of making their own markets and go with the federal government’s exchange instead. New York was one of the states that opted to create and manage its own exchange rather than strictly rely on the federal government’s marketplace. In the end, the result is that it’s far easier to find health plans in New York than it is in other states.
The long way to find the right health coverage is to directly visit the state’s exchange, but that takes a lot more manual work than consumers assume. The information you’ll need to get started includes:
- Proof of residence
- A valid state-issued ID or driver’s license
- Your most recent tax return to prove your income
Depending on your unique financial situation, you may qualify for significant cost reductions if you choose to pay for a premium plan.
Shop for New York Obamacare health insurance plans at ObamacarePlans.com
Typically, finding affordable health insurance takes a long time, and there’s no guarantee that you’ll find a plan that suits your health needs. But at ObamacarePlans.com, our platform streamlines the process and allows you to compare quotes, benefits, and rates side-by-side in the same place.
The alternative is to visit private insurers’ websites one at a time and apply that way. Still, with our website, all you need to do to get started is complete a short questionnaire and add your basic contact information.
Click to find Obamacare health insurance in New York today!