Indiana Health Insurance Plans 

Finding the right health insurance in Indiana is essential for protecting your health and financial stability. Whether you’re looking for individual coverage, a family plan, or government-assisted programs, understanding your options ensures you select the best plan for your needs. 

Types of Health Insurance Plans 

Indiana residents have multiple health insurance options, including: 

Marketplace (ACA) Plans 

The Affordable Care Act (ACA) Marketplace offers Indiana residents access to comprehensive health insurance with essential benefits such as preventive care, hospital visits, and prescription drug coverage.  

If your income falls between 100% and 400% of the Federal Poverty Level (FPL), you may qualify for premium tax credits to lower your monthly premiums. 

Private Health Insurance 

Private insurance offers flexibility in choosing providers and coverage levels. These plans can be purchased year-round and are ideal for: 

• Self-employed individuals. 
• Those who do not qualify for ACA subsidies. 
• People seeking specialized coverage options beyond marketplace offerings. 

Short-Term Health Insurance 

Short-term health plans in Indiana provide temporary coverage for individuals between jobs, awaiting employer benefits, or outside of Open Enrollment. While these plans have lower premiums, they offer limited coverage and do not cover pre-existing conditions. 

Medicaid & CHIP 

Indiana’s Medicaid program provides free or low-cost health insurance to qualifying individuals and families. The Healthy Indiana Plan (HIP) is the state’s Medicaid expansion program, offering coverage to low-income adults. The Children’s Health Insurance Program (CHIP) provides coverage for uninsured children in low-income households. 

Enrollment and Eligibility 

Understanding when and how to enroll is crucial to securing the right coverage. 

Open Enrollment Period 

• Runs from November 1 to January 15 each year. 
• This is the only time most Indiana residents can enroll in Marketplace health plans unless they qualify for a Special Enrollment Period. 

Special Enrollment Period 

If you experience a qualifying life event, you may be eligible for Special Enrollment outside of the Open Enrollment window. Common qualifying events include: 

• Losing employer-sponsored health insurance. 
• Marriage, divorce, or legal separation. 
• Having a baby or adopting a child. 
• Moving to a new residence where different plans are available. 

Year-Round Medicaid & CHIP Enrollment 

• Indiana’s Medicaid and CHIP programs accept applications year-round. 
• Eligibility is income-based and determined by household size and federal poverty guidelines. 

Costs and Financial Assistance 

Health insurance costs in Indiana vary depending on plan type, household income, and eligibility for subsidies. 

Estimated Monthly Premiums before Subsidies 

Plan Type	Estimated Cost
Marketplace ACA Plans	$350 – $600 per month
Family ACA Plans	$900 – $1,500 per month
Short-Term Insurance	$100 – $300 per month
Private Health Insurance	$400 – $750 per month
Medicaid / HIP	Free or low-cost, based on eligibility

Financial Assistance Options 

• Premium Tax Credits: Reduce the cost of ACA plans for individuals and families with qualifying incomes. 
• Cost-Sharing Reductions (CSRs): Available for those who enroll in Silver-tier Marketplace plans. 
• Medicaid & CHIP: Offer free or reduced-cost coverage for eligible individuals. 

Why Choose First Family Insurance 

Choosing the right plan is easier with First Family Insurance because: 

• We compare top-rated health insurance providers to help you find the best coverage. 
• Our licensed agents guide you through eligibility and enrollment. 
• We help you access financial assistance programs to reduce premium costs. 
• We simplify the application and enrollment process. 

Frequently Asked Questions 

How do I choose the best health insurance plan in Indiana? 

The right plan depends on your income, coverage needs, and provider preferences. Our licensed agents can help you compare options to find the best fit. 

Can I get health insurance if I missed Open Enrollment? 

Yes, but only if you qualify for a Special Enrollment Period or are eligible for Medicaid or CHIP, which accept applications year-round. 

How much can I save with premium tax credits? 

Premium tax credits are based on household income and can significantly lower your monthly health insurance costs. Many Indiana residents pay less than $50 per month for ACA plans after subsidies. 

What is the Healthy Indiana Plan (HIP)? 

The Healthy Indiana Plan (HIP) is Indiana’s Medicaid expansion program that provides low-cost health insurance for adults aged 19-64 who meet income requirements. It covers hospital visits, prescriptions, preventive care, and more.