Financial help

See if you can receive financial assistance for your health coverage with Sharp Health Plan, thanks to the Inflation Reduction Act and Covered California.

Financial assistance graphic illustration

Tell us who you purchase your health insurance from:

If you are enrolled through Covered California

Covered California will update your premium assistance if you qualify, and it will automatically be reflected in your bill from Sharp Health Plan. For details, see our frequently asked questions about the Inflation Reduction Act for Covered California enrollees.

If you are enrolled through Sharp Health Plan

Our certified enrollment specialists can help check if you qualify for financial assistance. Fill out a quick form and we'll get in touch within one business day.

SEE IF I QUALIFY

If you are shopping for coverage

Find out if you're eligible for financial help by getting in touch with our certified enrollment specialists. Complete a quick form and we'll contact you within one business day.

SEE IF I QUALIFY

What is the Inflation Reduction Act?

The Inflation Reduction Act expands subsidies (premium assistance), helps lower premium costs and makes health care coverage more affordable. The new legislation extends financial help from the American Rescue Plan Act of 2021 through the end of 2025 in three important ways:

  1. Eligible individuals will pay no more than 8.5% of their income on their health care premiums (monthly cost).
  2. Silver plans are available for those who earned less than 150% of the federal poverty level ($21,870 for an individual and $45,000 for a family of four).
  3. Financial help is now available to those who earn more than $58,320 as an individual or $120,000 for a family of four.

Find out if you can receive financial help

There are two ways to qualify for assistance: through federal tax credits and/or CA state subsidy.

  • If you are enrolled in benefits with Sharp Health Plan through Covered California: Covered California™ will notify you and update your premium assistance.
  • If you are enrolled in benefits directly with Sharp Health Plan: Fill out a quick form and a certified enrollment specialist will reach out within one business day. Or, contact the enrollment team directly to find out if you qualify.