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.

 

Social Security Benefits & Retirement
Though all Americans look forward to the day when they can kick back in a lawn chair and spend time working in their flower gardens, retirement comes with many burdens. A fixed income or access to a 401(k) may not be enough to supplement the lifestyle many seniors are...
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...
Should You Consolidate Student Loans?
Should You Consolidate Student Loans? In order to make it through the years of school, students take on a lot of debt from various loans. Sometimes, these loans come from private lenders with higher interest rates and fewer protection. Most loans, however, are funded...
Job Hunting at Career Fairs
Are you looking to find a new job or a new career? If you are, you may want to try career day job hunting, as it is a great way to not only find available jobs, but also apply and interview the same day. Looking for new and exciting careers? Click the link below!...
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...
HARP Eligibility and Assistance
 If your mortgage is making your financial life more difficult than you expected, you can get assistance through a program called HARP (Home Affordable Refinance Program). HARP eligibility is easy to determine as there are several factors that can affect...
You Can Save Money on Your Monthly Bills By Reading These Tips
When you add up the total cost of your monthly utility bills, you may be astounded by how expensive utilities can be. This may be particularly true during peak usage months in the height of summer and in the dead of winter. You and your family...
Are Discount Stores Really A Bargain?
It seems like dollar stores and other various discount stores are becoming a common retailer in most areas. Can these discount stores really offer you a bargain or do they just sell poor quality items? In my opinion, there are plenty of great bargains to be found in...
Social Security Disability Assistance
 Social Security Disability Insurance pays benefits to you and certain members of your family if worked long enough and paid Social Security taxes. Supplemental Security Income pays benefits based on financial need. If you need help and personal guidance...
Inexpensive Public School Alternatives
Sending kids to the public school a few blocks away is a simple task for some families. However, not all parents wish to follow this route. They may have concerns about the safety of the public school in the neighborhood, or they may want a different type of education...
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...
Public Assistance Study
 According to a new public assistance study conducted by the University of Illinois and the University of California-Berkeley, a overwhelming majority of fast food worker's families are enrolled in one or more public assistance programs. These programs...
The Greatness of Good Friday
 What a supreme paradox. We now call the day Jesus was crucified, Good.Many believe this name simply evolved—as language does. They point to the earlier designation, "God's Friday," as its root. (This seems a reasonable conjecture, given that "goodbye"...
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...
Natural Antibiotics and Antivirals
The issues of antibiotics and antibiotic-resistant bacteria have gotten a lot of attention lately. The concern is that bacteria, having been exposed to antibiotics for so long, have developed a resistance to the antibiotics, creating "superbugs." The grim reality is...
How to Save Money on Your Kids Dental Bills
Your family budget might not extend as far as it used to. Still, you want your children to have healthy teeth and inexpensive kids dental bills. Learn how to save money on your kids dental.  Like Clean Teeth? Try the Dollar Brush!   Courtesy of Fox News Health...
The World of Federal Grants
Welcome To The Wonderful World Of Federal Grants Federal Grants - If you are planning to go to college or university but know that you would never be able to afford it on your own, or with the help of your family for that matter, one of the first places...
Tips for Insurance Discounts
Home insurance and automobile insurance might be must-haves, but it doesn’t have to cost you an arm and a leg to have the appropriate coverages. There are things you can do to get discounts on your homeowners insurance and automobile insurance. Here are...
Run A Background Check When Applying for Jobs!
 Social media is everywhere in the air around us today. Hence it is natural for you to assume you can handpick and choose what you want your employees to see. Most people therefore imagine that once they clean up their Facebook wall and delete those...
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

RSS ED News

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