Things to Consider

Tax Credits?

  • The ACA (Affordable Care Act) created Advanced Premium Tax Credits to make health insurance premiums more affordable for middle class families.
  • Connect for Health Colorado is the only place for Coloradans to apply & receive tax credit.

Tax Credits

Open Enrollment?

  • Everyone, regardless of health, is guaranteed access to health insurance.
  • Open Enrollment is a specific time to enroll in health insurance: November 1st – January 12th.

Note: Open Enrollment is shorter than in years past

  • A Special Enrollment is available if you have a Qualifying Event

    that causes you to lose health insurance.

open enrollment

Tax Penalty?

  • The Government requires everyone to have ACA approved health insurance or pay a penalty (some exceptions apply).)
  • The Individual Penalty is $695 or 2.5% of adjusted gross income – whichever is higher!

Tax Penalties

Do You Qualify for Financial Assistance?

Family Size
Less Than 138% FPL* Qualifies for Medicaid
Less Than 250% FPL* Qualifies for CHP+
Less Than 400% FPL* Qualifies for a Tax Credit
1
$17,237
$31,226
$49,960
2
$23,335
$42,276
$67,640
3
$29,435
$53,326
$85,320
4
$35,535
$64,376
$103,000
5
$41,634
$75,426
$120,680
6
$47,734
$86,476
$138,360
Each Additional Person
$6,100
$11,050
$17,680

* FPL stands for Federal Poverty Level

Financial Options

Don’t Qualify for Financial Assistance?  Shop Direct with a Free Confidential Quote.

Medical plans only available in Denver Metro area

Looking for an Alternative to the Affordable Care Act?

ENROLL NOW   |   LEARN MORE 

  • Altrua HealthShare is a faith based cost sharing alternative to ACA approved health insurance. Because it is faith based, it is exempt from the ACA mandates and tax penalty. You must file IRS Tax Form 8965 to receive the exemption.
  • This product is “underwritten” – meaning, like pre-ACA traditional health insurance, you must meet the stringent health guidelines to be accepted.
  • Altrua functions similar to insurance, but it is important to note Altrua is NOT insurance. It is important to read all details and limitations of coverage in making this decision.
  • Altrua HealthShare – Disclaimer & Legal Notices – Please Read.

As of April 1, 2019, the Colorado Department of Insurance removed Short Term Policies

SUPPLEMENTAL INSURANCE OPTIONS