At last, it’s official: we are early retirees who have health insurance.
“At last” because it was not as easy to get that Affordable Care Act (ACA)/Obamacare insurance as we’d believed it would be, despite all my familiarity with the health care exchanges, and despite how many times I have gone through the estimation process on our state exchange site.
But I’ll get to that. And to the big surprise that we wish we’d known about — and that you should know about if you’re planning to retire early and buy an exchange plan.
Here’s how it all went down.
Estimating Coverage and Costs for Health Insurance Plans
California has its own exchange, Covered California, which we used instead of Healthcare.gov, but the process is otherwise pretty similar. Whether it’s on the federal exchange or a state exchange, you can go in anytime and estimate what your health insurance would cost at certain income levels.
The Healthcare.gov form is spread out over multiple pages, so I can’t show it here. But the California form is all on one page, and asks for the same basic information:
this article on Our Next Life.