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.

 

Best and Worst Student Loan Services
Best and Worst Student Loan Services This is the time of year when hundreds of thousands of Americans begin to prepare for their first semester in college. They begin to seek out the items that will sustain them during dorm life. Parents spend money on new sheets, hot...
History of St Patrick’s Day
 St. Patrick’s Day is celebrated annually on March 17, the anniversary of his death in the fifth century. The Irish have observed this day as a religious holiday for over 1,000 years. On St. Patrick’s Day, which falls during the Christian season of Lent,...
Best Advice for Seeking Employment
Your career and life depend on you taking the time to learn all that you can about earning gainful employment. You cannot get a job without finding the right approach that will open up opportunities. Keep reading if you wish to learn more. Speak with...
Helping Homelessness with Government Grants
 Poverty and homelessness in the United States and around the world is increasing on a daily basis. Here in the United States, rising housing costs and lower livable wages have been among the 2 biggest contributing factors. Lack of mental health facilities...
Section 8 Housing | Where Do I Start?
Ok, what exactly is section 8 housing? Section 8 housing is also known as the Housing Choice Voucher Program. It is very fortunate here in the USA that housing assistance exists for low-income families, elderly, disabled and mentally challenged. The...
Which Protection Is Best?
Keep Your Information Safe! Makes A Great Christmas Present! Credit card numbers are sacred these days. We’d never give them out to a stranger because credit card fraud and stolen identities are never more than one mistake away. But what if I told you that somebody...
Low Income Families and Educational Help
Low Income Families and Educational Help It is a common perception that only the most gifted students are eligible for grants and scholarships to get them through the final phases of their education, and this then gives rise to the popular thought that those residing...
Who Qualifies for VA Home Loans
For many veterans and their families, buying a home can be a difficult experience. Many veterans have little patience for the drawn out process of finding a loan, and others have not always had the best luck with credit. Fortunately, Veterans Affairs (VA) can help....
Section 8 Vouchers Less Likely to be Accepted
 About 300 less, that is the number in Nashville, TN. Since 2010 there has been 300 fewer Section 8 vouchers accepted throughout the Greater Nashville Area. Families are being kicked out of their apartments and housing because the owners have just decided...
Solid Advice for Credit Repair
It may be difficult to find information on the best ways to improve your credit. There is a wealth of different tips in this article to help you rebuild your journey to credit repair. Using these tips can save you from stressing and prevent headaches....
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...
Affordable Housing Problems
On 1st Street in Santa Ana — not far from where authorities recently cleared a tent encampment along the Santa Ana River near Angel Stadium — developer Caleb Roope wants to build nearly 1,000 apartments that will be affordable for low-income seniors and...
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...
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...
Receiving $4000 in Home Rebates
 Are there any home improvements that you have been contemplating lately? Are you struggling to make ends meet already? Learn more about three Programs a that could help you and millions of homeowners qualify for a $4,000 rebate. These Are Very Tough...
Women Grants in The United States
A lot is being granted to the citizens of America in the name of grant scheme. Various categories of financial needs are being accomplished through these grants. Some of the most popular grants schemes ever are the grants for men, grants for women, grants...
Things You Need to Know About Section 8 Assistance
Things You Need to Know About Section 8 Housing Some families might find a safe, decent and affordable housing as a big challenge to tackle. Majority of regions in the United States do not have rent control laws in place. Therefore some renters find affording a...
Rent Assistance and Low Cost Housing
With todays economy fluctuating , many individuals and families are struggling to pay bills in a timely fashion, including their rent. The good news is that there are a variety of options available to anyone who is facing late fees, court dates or even...
Free Cell Phones: Avoid The Trap
Cell phones are becoming very sophisticated with the advancement in the technology. Today the cell phones come with lot of mind-boggling kinds of features on them. Due to the increasing competition between the handset manufacturers and the service providers, lots of...
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...

The Premier Forex League

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

You Are On Your Way!

Pin It on Pinterest

Share This