I’m 63 and enrolled in a retiree health plan from my former employer. Can I get better coverage and subsidies in the Marketplace instead of staying on retiree coverage?

Yes, as long as you do so during the Open Enrollment period. However, because you are enrolled in retiree coverage, you will not be eligible for premium tax credits or cost-sharing subsidies for Marketplace coverage. This is true even if the coverage you’re enrolled in is a health reimbursement arrangement (HRA). If you drop your retiree coverage, you may be eligible for financial assistance on the Marketplace depending on your income. However, voluntarily dropping your retiree coverage won’t qualify you for a special enrollment period on the Marketplace.