Recent law changes have made it easier to get more affordable health insurance plans. These changes are to help provide consumers with more health insurance options at a lower price. Where you live can determine which affordable health insurance plans are available to you.
Are You Healthy? Get a Lower Price
If you are healthy, you might be able to qualify for a more affordable health insurance plan. In some states, there are health insurance plans available that will use your health status to get you a lower price. These more affordable health insurance alternatives are “underwritten” and are designed specifically for those who are mostly healthy. If you rarely go to the doctor and don’t have any major pre-existing conditions, these lower priced health insurance options might be a good fit for you. There are some differences in coverages between these plans and others. Always talk with an expert to compare your available options so you aren’t paying more than you need to be.
Supplemental Coverage Can Decrease Costs
The thought of adding supplemental coverage to your health insurance sounds like it might cost more money. However, depending on the coverage structure; it can actually provide you with better coverage at a lower price. Because it costs less to choose a higher deductible plan, an option would be to add supplemental coverage plans to your insurance package for “deductible protection”. It’s usually cheaper to have multiple policies for all your benefits and it often provides you with better coverage.
There are a lot of different types of supplemental health insurance coverages to choose from. The most common plans will focus on accidental injuries and critical illnesses, since those situations cause the largest medical bills. There are also other plans that will be more generalized to help out with deductibles, max-out-of-pocket, copays, and other out of pocket costs you might incur. Some of these supplemental coverages can also pay directly to you to help with other expenses that health insurance doesn’t normally cover. Talk with
Income Based Affordable Health Insurance
If your household income is within certain percentages of the federal poverty level, you might be eligible for a reduced price Affordable Care Act insurance policy. To be able to utilize your income for the lower price, there are several other factors involved. We recommend talking with one of our experts to see if this is available to you.