### Human:\nwe are in open enrollment for our health insurance benefits. . can you please tell me if we can qualify for the exchange if the cost is less? or do we have to participate in the employer sponsored plan?\n\n### Assistant: if your employer's plan is considered affordable under the law you won't be eligible for a tax break if you decide to instead buy coverage through your state's marketplace. affordable employer health insurance costs no more than 9. 5% of your income and covers at least 60% of covered medical costs. you should have received a letter from your employer explaining whether the plan it offers meets the law's requirements. if you haven't ask your human resources department for information.