Is marketplace the same as Covered California?
Asked by: Maritza Cormier Jr. | Last update: October 7, 2025Score: 4.4/5 (3 votes)
What is the health insurance marketplace in California called?
Covered California™ | The Official Site of California's Health Insurance Marketplace. error. Los Angeles area fires: Visit ca.gov/LAfires for wildfire tips and the latest information.
Does Medi-Cal count as a marketplace plan?
While you can apply for Medi-Cal through the Covered California website, it is not the same as the health insurance plans offered in the marketplace. Covered California is the state's health insurance marketplace where you can shop for private health plans and apply for financial help.
What is another name for marketplace insurance?
The Health Insurance Marketplace ® (also known as the “Marketplace” or “exchange”) provides health plan shopping and enrollment services through websites, call centers, and in-person help.
What is the difference between Covered California and Medi-Cal?
Medi-Cal is health coverage, just like the coverage offered through Covered California. Medi-Cal provides benefits similar to the coverage options available through Covered California, but often at lower or no cost to you or your family.
Two Common Covered California Mistakes: Current Coverage and Income
Can you have both Medi-Cal and Covered California?
You can also call your local county office. Did you know? It is possible for members of the same family to qualify for both Medi-Cal and Covered California.
Is Obama Care and Marketplace the same thing?
The federal Health Insurance Marketplace, which is also called the "Marketplace" or "Exchange," is the website where individuals can browse various health care plans available under the Affordable Care Act, commonly known as "Obamacare," as well as compare them, and purchase health insurance.
How will Covered California affect my tax return?
If you receive a tax credit through Covered California, you must file taxes for that benefit year. You will receive a 1095-A form, which shows how much Covered California paid to your insurance company to help with the cost of your health coverage. You will use the information on your 1095-A to fill out IRS Form 8962.
What is called marketplace?
A marketplace, market place, or just market, is a location where people regularly gather for the purchase and sale of provisions, livestock, and other goods.
Is Covered California a marketplace plan?
Covered California is your state's Marketplace. Visit California's website.
What disqualifies you from Medi-Cal?
To qualify, you must: Meet the medical requirements of Social Security's definition of disability. Be working and earning income (this can be part-time work). Have countable income less than 250% of the federal poverty level (in 2024, this equates to $3,158/mo.
What income should I use for marketplace?
Marketplace savings are based on your expected household income for the year you want coverage, not last year's income. You'll be asked about your current monthly income and then about your yearly income.
What is the cheapest health insurance in California?
Affordable health insurance in California for 2025
L.A. Care has the cheapest rates in California, and it's the cheapest health insurance company for about a quarter of the people in California. But you can only get L.A. Care if you live in Los Angeles County.
Can I refuse health insurance from my employer and get Obamacare?
Obamacare is available to everyone, whether or not their employers offer insurance. From a practical standpoint, though, there are financial consequences to doing this. Often, an employer subsidizes part or all of their employees' coverage.
How much does Covered California cost per month?
“Nearly 90 percent of Covered California's enrollees are receiving financial help, and many are paying $10 or less per month for their health insurance. In 2025, many people who receive financial help will see no change to their monthly premiums, and many more will have their deductibles eliminated entirely.”
How can I avoid paying back my premium tax credit?
Report any changes in your income during the year to the Marketplace, so your credit can be adjusted and you can avoid any significant repayments at the end of the year.
Do I have to get insurance through the marketplace?
Can I buy health insurance outside of the Marketplace that meets all ACA consumer protection standards? Yes. Many insurers that offer policies through the Marketplace also offer identical policies outside of the Marketplace, in the individual health insurance market.
Who is not eligible for Covered California?
Who is Not Eligible for Covered California? If you are not lawfully present in California, you are not eligible for a Covered California plan. However, you can still apply through Covered California to find out if you are eligible for Medi-Cal or to find coverage for family members who are lawfully present.
Does Covered California check your income?
This is called “income verification.” Covered California does this by electronically asking the Internal Revenue Service (IRS) database and other databases if what you reported is the same as what they have on file. The IRS will not share your personal tax data with Covered California.
Does social security count as income for Obamacare?
Yes, Social Security benefits are counted as income in determining eligibility for premium tax credits in the Marketplace.