No one plans to get sick or hurt, but most people need medical care at some point. Health insurance covers these costs and protects you from very high expenses. Health insurance coverage can also help you get and stay healthy by covering some preventive and wellness services.
If you do not have health care coverage, you should know that most Americans must have health insurance or pay a penalty.
Colorado’s health care laws can help more people access the insurance they need. As of 2014, more Coloradans are now able to qualify for health insurance coverage through Medicaid. Also, residents who qualify have access to financial assistance to help them buy private insurance through the Connect for Health Colorado marketplace. These changes make it easier for many Coloradans to meet the federal requirement to have health insurance coverage.
More Coloradans can now get Medicaid
Now, more adults without kids and parents may qualify for free or low cost coverage through Medicaid. Medicaid covers doctor visits, hospital stays, emergency room and urgent care, prescription drugs, dental services, behavioral and mental health services, x-rays and blood work, well-child visits, maternity care, newborn care and many others. Learn more about what Medicaid covers.
Connect for Health Colorado Marketplace
Connect for Health Colorado may also help you meet the insurance requirement. Having health insurance can help protect your health and your financial future. The open enrollment period for 2016 is November 1, 2015 to January 31, 2016.
- If you don’t have health insurance but make too much money for Medicaid, Connect for Health Colorado can help you learn if you qualify for federal financial assistance to help lower the costs of your insurance.
- If you do have health insurance, you still have the option to shop for a new plan at Connect for Health Colorado.
You may also be able to qualify for financial assistance through Connect for Health Colorado outside of open enrollment if you have experienced a qualifying life event such as losing your job-based coverage, getting married, or having a baby. Visit ConnnectforHealthCO.com for more information.
Do I qualify for Medicaid or Connect for Health Colorado?
|APPROXIMATE MONTHLY INCOME to qualify for|
|Medicaid||Financial Assistance to Help Buy Private Insurance Through Connect for Health Colorado|
|Individual||up to $1,300 *||$950 to $3,900 *|
|Family of 2||up to $1,750 *||$1,300 to $5,300 *|
|Family of 3||up to $2,200 *||$1,650 to $6,650 *|
|Family of 4||up to $2,650 *||$2,000 to $8,050 *|
|* You may still qualify if you make more.|
What’s the next step?
If you are uninsured or looking for health coverage, you have some options to apply:
You’re always free to buy health insurance from a private company or broker. All plans have been reviewed by the Colorado Division of Insurance to make sure they meet the requirements for health care reform.