If you switch to a plan with fewer benefits, a smaller provider network, or more restrictive managed care rules (an HMO with no out-of-network benefits, for example), you'll generally pay lower premiums. This is true for employer-sponsored plans as well as plans that people purchase on their own in the marketplace.   But it's also important to make sure that you're getting any benefits for which you're eligible. If you're enrolled in an off-exchange plan, check to see if you'd qualify for premium subsidies in the marketplace. (You can switch your coverage during open enrollment or a special enrollment period, and there's also a one-time COVID-related enrollment window that continues through May 15, 2021. The additional premium subsidies under the American Rescue Plan will be available on HealthCare.gov as of April 1, 2021; people who are enrolled in coverage prior to April will be able to claim their extra subsidies on their 2021 tax return.)   And learn about how contributions to a retirement account of health savings account can reduce your ACA-specific MAGI and possibly make you eligible for premium subsidies – or eligible for larger subsidies, if you're already in the subsidy-eligible income range.