What is NJ marketplace?
What is NJ marketplace?
Welcome to Get Covered New Jersey, the state’s official health insurance marketplace where you can shop for and enroll in quality, affordable health coverage, and the only place to receive financial help to lower premium and out-of-pocket costs.
Does NJ have its own marketplace?
From 2014 through 2020, New Jersey used the federally run exchange, which means residents enrolled in exchange plans through HealthCare.gov. But New Jersey transitioned away from HealthCare.gov in the fall of 2020, and is now operating its own exchange platform, using the GetCoveredNJ website.
What income qualifies for ObamaCare?
Most people are eligible for subsidies when they earn 100% – 400% of the FPL….Obamacare Subsidy Eligibility.
| Household size | 100% of Federal Poverty level (2021) | 400% of Federal Poverty Level (2021) |
|---|---|---|
| 1 | $12,880 | $51,520 |
| 2 | $17,420 | $69,680 |
| 3 | $21,960 | $87,840 |
| 4 | $26,500 | $106,000 |
How do I shop for health insurance in New Jersey?
New Jersey will stop using HealthCare.gov and start using the new State-based Marketplace, GetCoveredNJ, starting November 1, 2020. You can shop here for health insurance and apply for financial help to lower costs. To help make the move, HealthCare.gov provided Get Covered New Jersey with your current application and enrollment information.
What financial help is available for health insurance in New Jersey?
When you apply for health coverage in the Marketplace, you might qualify for three types of financial help: premium tax credits, cost-sharing reductions and new financial help offered by the state of New Jersey. Premium tax credits help lower your monthly health insurance premium payments.
How do I find my health plan for 2021 in New Jersey?
Get Covered New Jersey will take steps to enroll you in a similar plan for 2021. To see your health plan for 2021 or to pick a new plan, you will need to use the GetCovered.NJ.gov website instead of HealthCare.gov. New Jersey will stop using HealthCare.gov and start using the new State-based Marketplace, GetCoveredNJ, starting November 1, 2020.
How can I lower my health insurance costs in New Jersey?
Apply for financial help to lower your health insurance costs. Work with certified experts who can answer questions and guide you through enrollment at no cost to you. Due to new federal and state changes, more New Jerseyans now qualify for financial help.
