How to Get Free or Low-Cost Health Insurance

You might be surprised by how expensive the cost of health insurance is in the United States is. However, the cost isn’t the only challenge for people navigating health insurance—it's also a complex system.

This article will explain what you need to know about obtaining affordable health insurance, even if your income is low.

Where to Get Health Insurance

In the U.S., you can potentially get health insurance through several different sources. Insurance can be provided by the government or by your job or university. You can also buy it from a private health insurance company, either through the exchange/marketplace or directly from the insurer.

If your health insurance is free or low-cost, it means that either:

• The plan's monthly premiums are being partly or totally paid for by someone else. This is called subsidization. Usually, subsidies come from your job or the government. Having a subsidy means that you won't have to pay the full cost of the insurance yourself. If you qualify for subsidies, it's a great way to get health coverage that fits your budget. And most people do qualify for subsidies, either from the government (via the exchange, Medicare, Medicaid, etc.) or from an employer.

• The plan's benefits have been reduced. In this case, the coverage that you’re buying does not cover very much. In other words, it's not comprehensive health insurance. Less comprehensive coverage can look appealing at first glance, but it might not be enough to help you if you have a significant medical claim. If you pay the full cost of your health plan yourself (meaning there are no government or employer-provided subsidies) and the premium is low, chances are the coverage isn't comprehensive.

Here is an overview of several options for free or low-cost health insurance. You'll learn who is eligible, how to apply, and what to expect from each option.