Unaffordable Plans Will Qualify Some for Financial Assistance

Thanks to recent federal changes, more Louisianians are now eligible to shop for individual health plans and use financial credits they qualify for to pay their premiums for plans on Healthcare.gov.

If an individual is employed and has insurance available through an employer, financial assistance is available if the employer’s insurance is considered unaffordable. 

The annual Open Enrollment Period for Healthcare.gov (for people who don’t get coverage through a job, don’t qualify for Medicare/Medicaid and buy individual health plans) begins Nov. 1 and runs until Jan. 15, 2025.

How to calculate whether your employer-based family plan is unaffordable:
Before you start shopping for individual family plans, you may want to determine whether your employer-based family plan is affordable or not. Go to Healthcare.gov to calculate. You will need to create an account first.