Insurance premium subsidies are available for plans purchased through the federally run Health Insurance Marketplace to help those struggling with the rising cost of NC health insurance premiums. If your total individual or family income is between 100% and 400% of the federal poverty level, you may qualify to receive insurance premium subsidies, in the form of an advanced premium tax credit, to help pay for the cost of health insurance purchased through the federal Marketplace.
The State of North Carolina chose not to establish its own state-run health insurance marketplace and instead the federal government is responsible for handling applications for coverage through NC health insurance plans offered under The Affordable Care Act. Plans offered to NC state residents are made available through the Healthcare.gov website. All health care plans offered under The Affordable Care Act must cover the same set of minimum essential benefits.
Residents can apply for NC health insurance and get help determining if they qualify for insurance subsidies through the assistance of licensed insurance agents, like those at the WNC Health Insurance / The Asheville Blue Cross and Blue Shield of North Carolina® Store. Our health care reform advisors are specifically trained to guide customers through the process of selecting a plan on the federally-run Marketplace, and determine eligibility for a health subsidy.
Confusion has arisen concerning the North Carolina health insurance plans which are purchased through the federal Marketplace. Some people have the impression that the benefits offered in these subsidized plans are not as strong as benefits from a traditional plan – one without a health subsidy. Nothing could be farther from the truth! In many cases, the plans available through the Marketplace offer more benefits than the traditional plans that were previously available prior to Health Care Reform!
Come see us at WNC Health Insurance / The Asheville Blue Cross and Blue Shield of North Carolina® Store to get your health insurance coverage questions answered, and to learn more about the insurance premium subsidies you may be eligible for.