Have Health Insurance for 2023? Don’t Overpay for It

Double-checking your credits could save hundreds per month on your premium
December 21, 2022

If you already have health insurance for 2023, Catch can help make sure you’re not overpaying for it. For those who don’t get benefits through an employer, it’s important to find your own health insurance. That means shopping for a plan that fits your circumstances and, of course, your budget.

But not all plans are created equal. 

Some aren’t eligible for tax credits that can save you hundreds of dollars a month on your premium. For example, catastrophic plans, some short-term plans, and any plans that aren’t sold on the marketplace and may not cover the Essential Health Benefits aren’t eligible for credits. 

(Note: every plan Catch shows you is ACA-compliant marketplace plan, meaning it’ll offer quality coverage). 

Even if your plan is eligible for tax credits, you might not be getting them yet, because you have to send forms to the IRS or else wait for the credits until after you’ve filed your taxes at the end of next year.

That could mean you’re missing out on a lot of money each month. The average savings thanks to tax credits is $524 per month, and nine out of 10 people who bought their own insurance qualify.

Catch takes care of all the busywork for you, so you save every month on the full amount of credits you qualify for without having to wait on hold, squint at government websites, or put anything in the mail. Catch makes it easy to make sure you’re getting the best price, entirely online or within the Catch app. Enter some basic information about yourself, and Catch can help you tackle the rest in no time.

It’s easier than you might think, even though health insurance is notoriously complicated. Milton, a gig worker who found Catch through Hyer, wasn’t convinced at first.

“I was skeptical, but using Catch was straightforward. They didn't give me the run around.” He ended up saving hundreds on his health insurance. “I can’t thank you enough,” he said afterwards. “You saved me a lot of money.”

If you’re a freelancer, contractor, gig worker, or you’re self-employed, it can pay to double-check your credits. 

Don’t have insurance for 2023 yet? Get covered now, or else you might get caught without coverage at all next year, which could be much more costly.

(Note: the Open Enrollment extension period ends January 15 in most states for plans that start February 1. After that, you won’t be able to get insurance unless you have a qualifying life event).