1. **Coverage Options:** Individuals can purchase health insurance coverage through the Health Insurance Marketplace established by the Affordable Care Act (ACA). In New Jersey, the federal Marketplace operates, and individuals can explore and purchase plans through the healthcare.gov website.

 

2. **Essential Health Benefits:** Individual health insurance plans in New Jersey, like those offered through the Marketplace, are required to cover essential health benefits. These benefits include services such as hospitalization, prescription drugs, preventive care, maternity care, and mental health services.

 

3. **Open Enrollment Period:** There is an annual open enrollment period during which individuals can enroll in or make changes to their health insurance plans. Outside of this period, individuals may be eligible to enroll or make changes if they qualify for a Special Enrollment Period (SEP) due to certain life events, such as marriage, the birth of a child, or loss of other health coverage.

 

4. **Premium Subsidies:** Depending on income, individuals may be eligible for premium subsidies or other cost-sharing reductions through the Marketplace. These subsidies can help make health insurance more affordable.

 

5. **Individual Mandate:** As of my last knowledge update in January 2022, the individual mandate at the federal level has been effectively eliminated. However, states may have their own individual mandates. It's essential to check the current status of any state-level mandates in New Jersey.

 

6. **Medicaid Expansion:** New Jersey expanded Medicaid under the ACA, making more low-income individuals and families eligible for Medicaid coverage. If you meet income requirements, you may qualify for Medicaid rather than purchasing a private insurance plan.