When you’re ready to become more independent, one of the biggest changes you’ll need to make is finding your own health insurance. If you’re used to having your employer pay for your coverage, this can be a daunting task. But don’t worry, we’re here to help.

Types of Health Insurance Coverage

There are two main types of health insurance coverage: employer-sponsored and Marketplace coverage. Employer-sponsored coverage is offered by your employer and typically covers you and your dependents. Marketplace coverage is purchased through the Health Insurance Marketplace and is available to individuals and families who don’t have access to employer-sponsored coverage.

How to Find Marketplace Coverage

If you’re not eligible for employer-sponsored coverage, you can purchase Marketplace coverage through the Health Insurance Marketplace. The Marketplace is a government-run website where you can compare plans and prices from different insurance companies.

To enroll in Marketplace coverage, you’ll need to create an account and provide information about your income, family size, and health status. Once you’ve created an account, you can browse plans and compare prices.

When to Enroll in Marketplace Coverage

The Open Enrollment Period for Marketplace coverage runs from November 1 to January 15. During this time, you can enroll in a plan or change your existing plan. If you miss the Open Enrollment Period, you can still enroll in a plan during a Special Enrollment Period. Special Enrollment Periods are available for people who have lost their health insurance, moved to a new area, or had a change in income.

How to Choose a Marketplace Plan

When choosing a Marketplace plan, you’ll need to consider your budget, your health needs, and the coverage that’s available in your area.

Budget: Marketplace plans are available in a range of prices, so it’s important to find a plan that fits your budget.

Health needs: If you have any specific health needs, you’ll need to make sure that the plan you choose covers those needs.

Coverage: Marketplace plans offer different levels of coverage, so it’s important to compare plans and choose one that provides the coverage you need.

How to Get Help

If you need help finding a Marketplace plan, you can contact a licensed insurance agent or broker. Insurance agents and brokers can help you compare plans, explain your options, and enroll in a plan.

Making the Transition

Transitioning from employer-sponsored health insurance to Marketplace coverage can be a big change, but it doesn’t have to be difficult. By following these tips, you can find a plan that meets your needs and fits your budget.