The Indiana Department of Insurance wants Hoosiers to know about a helpful tool they may use when taking advantage of the special enrollment period for health insurance on the Federal Affordable Care Act Exchanges on healthcare.gov.

The Health Insurance Marketplace Calculator, developed by the Kaiser Family Foundation, will estimate premiums and subsidies for people purchasing marketplace coverage.

You can find the calculator on the Indiana Department of Insurance open enrollment fact sheet webpage along with information you should know to get coverage for 2021.

With the calculator, you can enter your income, age and family size to estimate your eligibility for subsidies and how much you could spend on health insurance. You also can use the calculator to estimate your eligibility for Medicaid.

The 2021 special enrollment period was extended until Aug. 15, giving consumers additional time to take advantage of new savings through the American Rescue Plan. New and current enrollees now have additional time to enroll or re-evaluate their coverage needs with increased tax credits available to reduce premiums

Hoosiers seeking to take advantage of this special enrollment period can find out if they are eligible by visiting healthcare.gov.

The Indiana Department of Insurance protects consumers by monitoring and regulating the financial strengths and market conduct activities of insurance companies and agents.