It’s easy to get drawn into clickbait that promises “free money” for health costs, but often those links lead to ads or sketchy websites. The good news? There’s a real, government-backed subsidy through the Affordable Care Act (ACA) that can help lower your monthly health insurance costs—while the average subsidy amount cited in some ads was $6,400 annually, the actual amount varies depending on household size and income. It may be more or less than $6,400 based on your specific circumstances. Here’s a breakdown of how it works and how to apply without the hassle.

1. What’s a Subsidy?

Think of it as a big discount on your health insurance! The government offers this discount to make health insurance more affordable, so you pay less each month.

2. What’s the $6,400 About?

Some people can get significant savings on their insurance costs, with $6,400 often cited as an average figure. However, $6,400 is not a real limit set by the government; the exact amount depends on factors like your income and family size, and it can vary widely based on individual circumstances.

3. Do I Qualify for This Discount?

Here’s the quick checklist:

• Income: Your income needs to be within a certain range—not too much, not too little.
• U.S. Resident: You must be legally in the U.S.
• No Job Insurance: You can’t already have affordable insurance through your job.
• Buy Insurance on Healthcare.gov: You only get this discount if you sign up through the government’s website or your state’s insurance site.

4. How to Apply

• Visit HealthBird’s Enrollment Page: Begin your application directly on our site, where we guide you through the process.
• Create an Account or Log In if you already have one.
• Enter Your Info: Add your income and family details (basically, who needs insurance and what you make).
• See Your Discount: The site shows how much money you’ll save each month.
• Pick Your Plan: Choose a health insurance plan that suits you, and your discount will automatically make it cheaper.

5. A Few Extra Things to Remember

• Be Accurate with Income: Make sure to enter your pre-tax income, as this affects the discount amount you’ll receive.
• Look for Extra Benefits: Some plans have added perks, like dental care or eye care.

6. When to Sign Up?

Open Enrollment is the only time of year to apply, usually between November 1 and December 15.

With this real government subsidy, you’ll get a big savings boost for health insurance costs. And if it feels confusing, HealthBird can guide you through finding a plan that works for your needs and budget!

Take Action

If you’re looking to reduce your healthcare costs, the ACA subsidy can help make health insurance more affordable for you and your family. Get started today with HealthBird, where we help you compare plans and maximize your subsidy savings.