Need to Apply for a Private Health Insurance Plan Because You Don’t Qualify for Tax Credits? We Got You Covered.
You have 3 options to choose from. Choose what best fits your needs.
If your looking for a Private Health plan or an off-exchange plan. This is a health insurance policy that is purchased directly from the carrier through the help of an agent/agency such as ours. In most cases you will need to buy a private health plan if your income as a single person is more than $46,680 or a couple that makes more than, $62,920 or a family of 4 that makes more than $95,400. Choose option 3 if you would like us to send or create the quote for you. Otherwise if you just want a quote and know what you want click here and you will be redirect to Select Health. When asked for income please make sure you put household income is $0. Application time about 20 minutes.
If you think you qualify for subsidy or cost assistance with Obamacare through the marketplace. See this chart below. Please choose this option. You will be redirected to Select Health’s subsidy calculator to verify what you qualify for. Once you find your subsidy level you then can create your account and be all finished in less than 1 hour. Tip- finish the application all at once do not log out and go back in a week later.
I want help from a licensed agent that can help me shop and compare quotes for me. Let us do the work for you. We will compare Select Health, Blue Cross or any other plan that fits your needs. Fill this forum out and we will call and send you your quotes the very same day. Keep in mind insurance rates are regulated by the state insurance department so no one can offer you a lower rate. We are a locally licensed agency and no one you work with will have less than 10 years experience. You can enroll in a 2017 plan inside or outside the Marketplace any time from November 1, 2016 and January 31, 2017. Enroll by December 15, 2016 and your coverage starts January 1, 2017.
What are the biggest advantages of buying a private health insurance plan or Off Exchange Plan?
- 1.You make the decision about whether to pay more for a richer plan or pay less for a less-rich plan with a group plan in most cases you have no control and are told you only have one plan and one deductible to choose from.
- 2. You actually get to choose your doctor, with a companies group health plan in almost all cases they offer you one plan that cannot possibly fit everyone’s needs.
- 3. You can choose to have your wife on a low $500 deductible and yourself on a high deductible. Why pay for a low deductible for the entire family when you don’t need. Save your money. Split the family up and apply online for each family member.
- 4. You have a surgery coming coming up in the future and your holding $5000 deductible at work, with a private plan you would have the ability to choose a $500 deductible. The cost comparison on this would have to be compared because if your employer is paying the full cost of insurance for you then it may not be worth it. But worth the option to check it out.
- 5. With a Private insurance plan you can change your deductible and carrier every year if you wish. Can’t do that with a group plan.
What is the difference between a Private health plan “Off exchange plan” and a Government subsidized health care Plan aka “On exchange plan”?
The Affordable Care Act requires most Americans to enroll in a health insurance plan or face steep penalties. Many Americans buy their plans through the government-run online health care exchanges, but health insurance exchanges aren’t the only game in town. You are free to buy health insurance through a private health insurance plan or otherwise know as an “off exchange plan”. People who qualify for subsidies may be enticed into buying from the exchanges But if your plan isn’t from the exchange, you won’t get your tax credits as a subsidy. Health insurance companies such as Aetna, Humana and United Healtcare have opted not to participate in exchanges in some marketplaces. Companies such as Select health and blue cross in certain states are still selling on and off exchange.
How does a insurance deductible work?
The deductible is the amount you pay each year before your health plan starts paying for covered services. For example, if your plan has a $1,000 deductible, you will need to pay the first $1,000 of the costs for the health care services you receive. Once you have paid this amount, your insurance will begin to pay a portion or all of your health care costs, depending on the health plan you choose.
What is a Copay?
The most popular question what is A copay is the flat fee you pay when you see a doctor or receive other covered services. For example, $30 to see a doctor.
What is Coinsurance?
Coinsurance is the percentage you pay for some covered services. If your coinsurance is 20 percent, your health insurance company will pay 80 percent of the cost of covered services; you will pay the remaining 20 percent (your costs are usually based on a discounted amount negotiated by your insurance company). This applies to private health insurance plans or on exchange plans otherwise known as obamacare.
Out-of-pocket maximum An out-of-pocket maximum is the most you will have to pay for your health care expenses during a plan period (usually a year) for covered services received from providers that participate in the plan’s network. No matter what, you will not pay more than this amount each year. Any care for covered services you get after you meet your out-of-pocket maximum will be covered 100 percent by the insurance carrier.