health insurance subsidies

Health insurance subsidies are financial assistance programs designed to help individuals and families afford health insurance premiums. They reduce the amount you pay out-of-pocket based on your income and household size. Available mainly through government programs like the Affordable Care Act (ACA) marketplace, subsidies ensure that those with lower or moderate incomes can access necessary medical care without excessive financial strain. This support helps make healthcare coverage more affordable, encouraging more people to obtain insurance and stay healthy.