Federally Facilitated Marketplace

The Federally Facilitated Marketplace (FFM), operated by the Centers for Medicare & Medicaid Services (CMS) in accordance with federal standards, is an online marketplace where individuals are able to purchase health insurance. Insurance premiums are on a sliding scale based on income.

The Federally Facilitated Marketplace (FFM), operated by the Centers for Medicare & Medicaid Services (CMS) in accordance with federal standards, is an online marketplace where individuals are able to purchase health insurance. Using the FFM, low and moderate-income people are able to obtain payment assistance to help them buy health insurance:

• Some people may also be eligible for other health insurance subsidies, such as cost-sharing reductions (CSR) and premium tax credits. Substantial subsidies are available through the FFM for those at 100% - 400% of the FPL. Insurance premiums are on a sliding scale based on income.

• Unless the employer coverage is unaffordable or insufficient, people with access to employer coverage cannot receive a subsidy through the FFM.

• People can also use the FFM to apply for Medicaid.

Open enrollment for 2023 health plans begins November 1, 2022 in Indiana, and will end January 15, 2023. Coverage will take effect January 1, 2023, as long as you enroll by December 15, 2022. If you apply between December 16 and January 15, your new plan will take effect February 1, 2023.

The open enrollment period this fall gives you a chance to take advantage of the larger and more widely available premium subsidies created by the American Rescue Plan. If you have questions about open enrollment, you can read more in our comprehensive guide to open enrollment.

You may still be able to enroll in coverage for 2023 if you experience a qualifying life event or if you’ve received unemployment compensation at any point in 2023.

You can quickly compare health plan options and apply during Open Enrollment or a Special Enrollment Period. Find plans that fit your needs and budget. Explore On and Off Exchange plans, which do not provide Advanced Premium Tax Credits.

At Emerald Group Indy, Inc. we are able to provide 1:1 consultation and enrollment in the FFM plan of your choice. Call today to set up an appointment.