FACT: 9.5% (adjusted) of household income, for self-only coverage, is affordable in the workplace. 8% (adjusted) of household income, for self-only coverage, is Affordable in the Health Insurance Marketplace. This does mean that coverage can be affordable by one standard and unaffordable by another., However, individuals who have access to affordable employer-based health insurance, are eligible for Medicare, or are incarcerated cannot receive subsidies. Other restrictions may apply . During open enrollment , Americans making under 400% of the federal poverty level (FPL) can receive advanced premium tax credits to lower premium costs., The goal of the Affordable Care Act is to give more Americans access to affordable, quality health insurance and to reduce the growth in U.S. health care spending. To accomplish this, the ACA expands the affordability, quality, and availability of private and public health insurance through consumer protections , regulations , subsidies , taxes , Find your state’s official Health Insurance Marketplace or use the Federal Marketplace HealthCare.Gov. Open enrollment for 2025 health plans started November 1, 2024 (in most states). During open enrollment, you can apply for cost assistance , change plans , and enroll in a plan ., Health insurance is made available through the ObamaCare Health Insurance Exchange Pool, commonly known as the Health Insurance Marketplace (healthcare.gov). The exchange is a group of health insurance providers that offer coverage. Insurance can be purchased using tax credits that work on a sliding scale depending on your taxable income., The health insurance marketplace (also known as an exchange) is an online price comparison website where Americans can shop for affordable quality insurance and receive cost assistance for lower premiums, reduced out-of-pocket costs, or even qualify for Medicaid and CHIP..