You can purchase a new plan through the Marketplace and, if eligible, apply for financial assistance in the form of a premium tax credit and/or cost-sharing reductions. Another option is to purchase a plan outside of the Marketplace. However, if you do, you won’t be eligible to receive financial assistance and the plan may not provide the consumer protections of the Affordable Care Act. (45 C.F.R. § 155.305; 45 C.F.R. § 147.104).
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On Private Health Insurance Coverage & The Health Insurance Marketplace
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