The Affordable Care Act (ACA) has made health insurance more accessible and affordable for millions of Americans. One of the ways it does this is through the Health Insurance Marketplace, where individuals and families can shop for and compare health insurance plans.

If you have Medicaid, you may be wondering if you can also have a Marketplace plan. The answer is yes, you can have both Medicaid and a Marketplace plan. However, there are some things you need to know about how they work together.

Medicaid and Marketplace Plans

Medicaid is a government health insurance program for low-income individuals and families. Marketplace plans are private health insurance plans that are available through the Health Insurance Marketplace.

If you have Medicaid, you may not be eligible for a subsidy to help you pay for a Marketplace plan. This is because Medicaid is considered minimum essential coverage (MEC), which means it meets the ACA’s requirement that all Americans have health insurance.

If you are not eligible for a subsidy, you will have to pay the full cost of a Marketplace plan. However, there are still some benefits to having a Marketplace plan even if you have Medicaid.

For example, a Marketplace plan may cover some things that Medicaid does not, such as dental and vision care. Marketplace plans may also have lower out-of-pocket costs than Medicaid, such as deductibles and copays.

How to Enroll in a Marketplace Plan

If you are interested in enrolling in a Marketplace plan, you can do so through the Health Insurance Marketplace website (Healthcare.gov) or by calling the Marketplace call center.

When you enroll in a Marketplace plan, you will need to provide information about your income, family size, and health status. You will also need to choose a plan and pay your first month’s premium.

Getting Help

If you need help understanding how Medicaid and Marketplace plans work together, you can contact a licensed insurance agent or broker. An agent can help you compare plans and find the one that is right for you.

Conclusion

If you have Medicaid, you may be eligible to enroll in a Marketplace plan to get additional health coverage. Marketplace plans may cover some things that Medicaid does not, such as dental and vision care. Marketplace plans may also have lower out-of-pocket costs than Medicaid. If you are interested in enrolling in a Marketplace plan, you can contact a licensed insurance agent or broker for help.