Can I get financial help to lower the cost of health insurance through the Exchange?
Asked a year ago
Yes, you may be eligible to receive financial assistance to reduce the cost of health insurance through the Washington Health Benefit Exchange. The Exchange offers premium subsidies and cost-sharing reduction plans to individuals and families with limited income. The amount of financial help provided is based on your income and household size. You can use the Exchange's online calculator to determine your eligibility for financial assistance. If eligible, you may qualify for premium tax credits that lower the monthly premium costs or cost-sharing reductions that decrease out-of-pocket expenses such as deductibles and copayments. The Exchange aims to make quality healthcare more affordable and accessible for residents of Washington state.
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