How to apply for Obamacare: All the best 2024 subsidies

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Obamacare, also known as the Affordable Care Act, has opened enrollment till January 15, 2024.

If you want coverage to start at the beginning of the year, sign up by December 15.

Financial support is given to those who have low monthly premiums.

The 32 states in the federal exchange have a 4% rise in monthly premium for the plan in 2024.

You can enroll through HealthCare.gov or the state Marketplace by calling the federal or state helpline.

There are two types of Obamacare subsidies that will beome available for you.

1. A premium tax credit reduces the amount you pay for your health insurance plan every month.

2. Cost sharing reduction lowers what you pay out of pocket, like deductibles, copayments, and coinsurance.

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