Obamacare Open Enrollment is right around the corner. This is your chance to get a jump start on comparing health insurance plans and premiums to make sure you're getting the best healthcare you can afford, and the lowest price possible. You may have heard, 2015 premiums are on the rise and plan options are getting narrower. Don't get stuck in a plan that costs too much, compare health plans and pricing before it's too late.
If you purchased a health plan on the healthcare.gov insurance exchange last year the "convenience" of letting your health plan auto-renew could cost you hundreds of dollars. The reason? If your income changed at all in 2014, or your projections were not accurate when you calculated your subsidy, you could be obligated to pay that money back at tax time! It's time to take 5 min. recalculate your subsidy and perform a low-rate check.
Open Enrollment Begins November 15, 2014 and ends February 15, 2015. Open Enrollment is the perfect time to look at your income, recalculate your subsidy, and shop available health plans to make sure there are no surprises headed your way April 15, 2015. Health plans change every year, networks grow and shrink, new discounts are offered and you have the opportunity to lower your total costs on health premiums on 2015. Don't wait.
You can shop, compare, apply, and enroll for health insurance online. You will be able to see rates and plans before you apply and you don't need to create an account to get started.
We have operators standing by to help you fill out the forms, answer questions. You can also get rates, compare plans and complete your enrollment by phone with a licensed agent.
You can quickly compare rates for inexpensive ACA-approved Alabama Health Insurance plans & apply online. You can also compare government subsidized plans quickly and easily.
You will find out if, based on your income and household size, you are eligible for a subsidy (government financial assistance) and if that's your best option, apply the subsidy to your health premiums.
Individual health care plans are designed for single people and can usually be tailor made to your specific insurance needs. For the best rate, you should compare private individual health insurance plans to plans from the Affordable Alabama Health Insurance Marketplace.
Family health care plans are great for the self-employed or when you work for a smaller company that does not provide health coverage, family health insurance offers affordable protection for you, your family. Compare our rates to the healthcare marketplace.
If you run a business and want to help your employees find health coverage, a group health insurance plan will allow you to provide health coverage for employees.
Emergency health care plans are typically well suited for young people who only require very basic health coverage and coverage in emergencies. They are usually less expensive than standard health insurance plans.
HMOs, or Health Maintenance Organizations, offer health care from a network of health care providers. HMOs tend to have respectable premiums and deductibles, but offer limited flexibility for choosing doctors and hospitals. Under an HMO plan, you need a referral from your primary care physician to see a specialist and you may have to pay 100% of cost if you see a doctor out-of-network.
PPOs, or Preferred Provider Organizations, also have affordable premiums and deductibles – however, they offer more flexibility to see any doctor you want and don’t require a referral from your primary care physician to see a specialist (as is required from an HMO). Under a PPO, out-of-network costs are covered, but at a lower rate than in-network costs.
High Deductible Health Plans, tend to have lower premiums than both HMOs and PPOs, but much higher deductibles. Deductibles are the out-of-pocket expenses you have to pay before insurance starts to cover you. You can use an HSA to lessen the financial burden of covering the high deductibles. These plans generally have similar flexibility to PPO plans.
HSAs, or Health Savings Accounts, are growing in popularity for a variety of reasons. Though they may not be for everyone, if you can afford to put up the money up front, you can benefit from tax savings, and people typically save a decent chunk of money when all is said and done because they don't have to pay the expensive premiums.