Get Help Paying for Health Insurance Coverage

[MUSIC STARTS] NARRATOR: Depending on your income, family
size, and the health plan you choose, you may qualify for financial assistance to help
pay for your health insurance coverage. If you purchase insurance from a health insurance
marketplace and you're eligible, tax credits will help you pay your monthly premiums. You can take the tax credit in advance which
would lower your monthly payments. Or, take the tax credit at the end of the
year, either lowering the amount of taxes owed or increasing your refund.

Changes to your income or family size could
affect your tax credit amount. In addition to tax credits, you may also qualify
for cost-sharing which helps lower out-of-pocket costs like deductibles and co-payments. Coinsurance,
or copayments, are generally your share of the costs when you go to the doctor. A "deductible" is the amount you pay out of
your own pocket before your insurance begins paying for your health care.

Make sure you understand what type of financial
assistance you qualify for before purchasing a plan. For more information, and to determine whether
or not you qualify for financial assistance, explore our website. [MUSIC ENDS].