Low Cost Health Insurance | Act Fast

by

 ACT FAST before it is too late. Obama Care is on its way out.

Do you feel wore down, not sure where to turn. Have you lost your medical insurance? Do you wonder how you’re going to pay for your prescriptions, let alone what would happen if you or someone in your family gets sick. Where do you turn? What do you do?

Medical insurance is a must in today’s society. We use it on a regular basis, and no one wants to go without it. Now, you don’t have to! The Health Insurance Marketplace (Obama Care) is a one stop shop for your low cost health insurance needs.

 

What is Obama Care?

low cost health insuranceObama Care is the common term used for low cost health insurance, but the actual name is the Affordable Care Act. Due to the regulations passed with the Affordable Care Act, all individuals are now required to have basic health insurance that meets the minimum essential coverage. If you don’t you must file for an exemption or pay a shared responsibility fee at the end of the year when you file your taxes. The requirement to have insurance is known as the individual mandate.

Healthcare.gov is the official marketplace for low cost health insurance and is the only place you can get cost assistance. By using the marketplace you will find out if you qualify for cost assistance and out of pocket expenses. The cost assistance is based on your income. If you have an income between 100%-400% of the Federal Poverty Level you may qualify for cost assistance. In states where Medicaid has been extended individuals who make less than 138% of the FPL may qualify for Medicaid.

Individuals who have insurance available through their employer can still purchase low cost health insurance at healthcare.gov but are not eligible for the cost assistance. Six out of 10 Americans can purchase health care at around $100 a month and Nine out of 10 individuals who apply receive some sort of cost assistance.

 

Obtaining low cost health insurance through healthcare.gov can only be done during the open enrollment period.

Click Here to Learn More About Your Low Cost Health Insurance Options Now!

 

Open Enrollment for Low Cost Health Insurance

Most insurance companies offer an open enrollment for low cost health insurance once a year. The marketplace exchange does the same thing. During open enrollment an individual can make changes to ether insurance, apply for cost assistance, and enroll in a new low cost health insurance plan.

Open enrollment for 2017 is going on NOW. It began November 1st and will end January 31, 2017. If you do not enroll during this time and you get pregnant, get in a car accident, or become ill you will not be able to get insurance through the exchange until the next open enrollment period. In addition, you’ll be liable for the penalty which in 2014 was $325 per person in the household.

 

How do I Enroll in a Health Insurance Marketplace Plan?

Interested in enrolling in a marketplace plan? Enroll now during open enrollment! Here are the steps you will need to take.

Set up an account at Healthcare.gov or Visit A Low Cost Health Insurance Provider.

Fill out an online application. This will include information about your family size, current health care coverage and income.

Compare your options. This may include private insurance plans, free and low cost coverage through programs like Medicaid or Children’s Health Insurance Program (CHIP). You will also see wither or not you qualify for low cost assistance. Details will be shown that will help you enroll in the right plan for your family.

Enroll. Once you have chosen a plan it is time to enroll. There will be online help if needed.

Click Here to Learn More About Your Health Insurance Options Now!

 

 

Policy Selection Process for Low Cost Health Insurance

Choosing a health care plan can be difficult ant it is important to know a few basic facts that can help make choosing a plan easier.

Categories
There are 4 “metal” categories. These categories are:
Bronze
Silver
Gold
Platinum
These categories will show you what your plan costs will be, and what coverage is offered. Coverage and price will vary from state to state.

Total Cost of Health Care
You will pay a monthly premium for insurance, even if you don’t use it. You will also have out of pocket expenses that will include your deductible and copayments. Keep this in mind when selecting a plan. If you choose a high deductible plan the monthly expense may be lower, but be prepared to pay a larger expense if a medical emergency does arise.

Plan and Network Types
There are different plans and networks to choose from. Some plans allow you to use almost and doctor or hospital. Others may limit your choices and charge you if you go out of network.

Examples are:
PPO-Preferred Provider Organization
PPO-Preferred Provider Organization
HMO-Health Maintenance Organization
POS-Point of Service
EPO-Exclusive Provider Organization

Look into what these are and keep in mind what you need from your health insurance plan. You want to choose a plan that meets all your needs. For example PPOs tend to have wider networks than HMO’s. You can learn more about comparing plans here.

All Plans Cover Basic Needs
Regardless of what plan you choose ALL plans provided from the marketplace will cover these essential health benefits.
Ambulance Services if you are admitted into a hospital
Emergency Care
Hospitalization for surgery and overnight care
Pregnancy, Maternity and Newborn care
Mental Health Services
Prescription Drugs
Laboratory Services
Rehabilitation Services
Preventive and wellness care
Pediatric services
Birth Control
Breastfeeding Assistance
These services are all minimum requirements for marketplace plans. Specific plans may cover more broad benefits and additional services including dental, vision and medical management services.

When comparing plans at healthcare.gov you will see exactly what each plan offers. And will be able to compare and decide what plan will work for your family’s needs.

If you and your family need low cost health insurance, NOW is the time to enroll at healthcare.gov. Open enrollment period ends soon, and when it’s over, it’s OVER for another year.

 

How To Find Good Insurance Companies
 Insurance is a part of life whether you’re looking to protect your life, home, or automobile. All insurance companies are not equal. Working with a good insurance company is just as, if not more, important as having coverage. Here are four things to keep...
The Facts You Need to Know About Payday Cash Advances
If you need money, it can feel as if there is no one to help you. It may feel like you're up a creek without a paddle. Luckily, you can get payday cash advances to help you out. Research all companies that you are considering. Find a lender that fits you...
How To Get The Best Insurance Deals
In most cases finding the best insurance deals is difficult. Since having insurance is a requirement rather than being optional it is a good idea to shop around for the best insurance deals. It’s difficult to shell out the cash for insurance premiums and...
Searching for Online and Freelance Employment
Searching for Online & Freelance Employment Many career fields and skills do not fall under traditional frameworks for employment. Writers, photographers, marketers, teachers and artists may be able to find work as online freelancers to continue improving their...
How AHCA Changes Health Insurance Coverage
How ACHA Changes Health Insurance Coverage Healthcare reform tends to be tricky and complex as it attempts to find a common ground that is beneficial for all people. Burdened by the political firestorms that surround it, the new healthcare bill approved by the House...
The AHCA Impact on Medicare & Medicaid
The Impact on Medicare & Medicaid The repeal and replace legislation concerning the Affordable Care Act (ACA), or Obamacare, seems complicated for many consumers. Though it will likely see changes as it is debated in the Senate, the American Healthcare Act (AHCA)...
5 Strategies to Save Money on a Shoestring Budget
 If you are one of the many people who live on a tight budget, you may feel the stress of your situation on a daily basis. Even a seemingly small issue that arises and has reasonable expenses can throw your budget off track. Reducing your costs is a great...
Modern Millionaires Mindset
Here’s A Modern Millionaire Rhetorical Question:   If you have a spare million dollars in your bank account today… How will you spend it? Pay off all your bills and loans? Buy your dream car? Dream house? Give your family a better life? Travel all over...
Find The Best Section 8 Homes & Rentals
Find The Best Section 8 Homes & Rentals Are you feeling a little frustrated searching for Section 8 homes and rental property? Below is a list of multiple Section 8 housing resources. These are not in any particular order. These are just eight very good resources to...
Morning Habits for Success
Are you a morning person? Many people enjoy getting up at the sunrise and having a cup of coffee while they browse the web and others prefer to sleep in as long as possible but the most successful people in the world embrace the mornings and in fact there...
Which Student Loan Repayment Options Work for You?
Which Student Loan Repayment Options Work for You? The student loan process can be tricky and difficult to understand. Students often overlook the process from the beginning of college until graduation, never realizing the impact of the loans until payment become due...
How Do I Get FHA Refunds?
Although FHA refunds are for people who have FHA-insured mortgage loans, not everyone is entitled to a refund. Various factors are considered to determine who can receive a refund. FHA refunds are available for those who finance their homes within three...
Is Rent to Own Housing An Option?
Rent to own housing is a popular term that should be carefully considered. It can be an agreement between owner and seller to rent or lease a property until it is paid in full. The plan can work several different ways, some have zero deposits and no...
Natural Healing Options for Arthritis
Arthritis comes in various forms, but it's always painful. The typical medical approach is to take some sort of pain medication (usually non-steroidal anti-inflammatory drugs, or NASDs) that might result in various side effects, such as stomach pain....
Understanding Federal Grants (Part 2)
 In the last issue we talked about how the federal grant system works and how you can make it work for you. In this issue we are going talk about exactly who's eligible to apply for federal grant money. The simple fact is that almost everyone is eligible...
Relief Resources and Benefits Gov
 Let's begin with this. No One Is Guaranteed Government Assistance Just For Existing. That being said, Government aid can be very helpful to those enduring a financial struggle or hardship. It can also be beneficial for those looking to attain a higher...
How to Manage Credit Card Payments
Do you have issues paying off credit cards? Sometimes the interest itself can be an overwhelming monthly payment. We have gathered some information below from credit experts that can hopefully help you manage your payments and find a way out from under...
Save Money When Grocery Shopping
 It is a good idea to be aware of the amount of money that we spend on items when we go grocery shopping on a regular basis. When times are tough, it is this knowledge that can help us to survive on less income than usual, which can help in a big way if we...
Government Assistance for Unemployment
Government Assistance for Unemployment Sometimes, life does not go as smoothly as planned. Fluctuations in the economy lead to periodic lay-offs. Sometimes, a company fails and workers find themselves out of work. Often, an employee and employer simply part ways after...
Easy Formula for Grant Applications
When you look forward to apply for a government grant, you will need to do a lot of research and make elaborate preparations. To give a kick start to your grant seeking process, fist you must understand the different types of grants available. You will...

Subscribe

Family Picnic

Enter Your Email for Best Results

Due to the overwhelming response, please enter your name and email to ensure the proper search results.

You Are On Your Way!

Family Picnic

Enter Your Email for Best Results

Due to the overwhelming response, enter your email for best results. Look for your free ebook from New Flex Career about finding unclaimed money!

You Are On Your Way!

Family Picnic

Enter Your Email for Best Results

Due to the overwhelming response, please enter your name and email to ensure the proper search results.

You Are On Your Way!

Family Picnic

Enter Your Email for Best Results

Due to the overwhelming response, please enter your name and email to ensure the proper search results.

You Are On Your Way!

Pin It on Pinterest