Can't afford health insurance because you're self-employed or lost your job? You have many options to get insurance at a reasonable price
Mila Araujo is a certified personal lines insurance broker with more than 20 years of experience in the insurance industry. She currently serves as the director of personal insurance for Ogilvy Insurance where she works with some of the world's largest insurers and manages the needs of thousands of clients with the help of her broker team. As an insurance expert, has written about homeowners, auto, health, and life insurance for The Balance. Mila received the Bernard J. Finestone Award in General Insurance from McGill University in 2001.
Samantha Silberstein is a Certified Financial Planner, FINRA Series 7 and 63 licensed holder, State of California Life, Accident, and Health Insurance Licensed Agent, and CFA. She spends her days working with hundreds of employees from non-profit and higher education organizations on their personal financial plans.
David J. Rubin is a fact checker for The Balance with more than 30 years in editing and publishing. The majority of his experience lies within the legal and financial spaces. At legal publisher Matthew Bender & Co./LexisNexis, he was a manager of R&D, programmer analyst, and senior copy editor.
The healthcare system in the U.S. has long been a source of reform efforts, due to high costs of care and the fact that many Americans have gone without insurance. In 2010, the Affordable Care Act (also called the ACA, or "Obamacare") was passed to address some of the main issues. The major goal of the ACA was to improve access and affordability of health insurance for many Americans.
The ACA is still in effect today, and there's a good chance that there's a health plan option out there for you, even if you have little money or have lost your job. Learn about the many options out there and which is best for you.