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Your Health Is Important: What This Means for Insurance

It is easy to get life insurance if you are healthy and young because most insurance companies will consider you to be an asset. However, finding affordable life insurance for somebody suffering from a terminal health condition and a bit advanced in age is not easy, though it is still possible.

Sadly, most health issues, such as having a family history of heart disease or certain cancers, are beyond your control, and these will affect the type and price of a policy you can get. Such illnesses take a huge toll on a patient, and they are also expensive for the insurance company. 

Therefore, being in good health is an advantage to insurance providers, and they would do anything to encourage their clients to live healthily. Since your health is important to you and your insurance provider, here are things you can do for everyone’s benefit: 

Keep the Illness in Check

If you have an illness or condition, then you must control it the best you can. 

If you have heart disease, diabetes, ADD, or kidney disease, finding an affordable cover will be hard. Also, conditions such as cancer, arthritis, depression, high blood pressure, high cholesterol, and others will complicate your insurance coverage. 

If you work with your doctor to control these conditions, then getting the right policy will be easier.

Check Your Risky Habits

Do you smoke, use products with nicotine, or have a risky hobby like hiking dangerous trails or racing cars? Such pastimes are considered high-risk, and any time you participate in them increases the chances that you will meet your end early. This is a concern for life insurance companies.

Therefore, your policy will come at a higher cost. Bear in mind that you cannot quit using nicotine today to become eligible for the more inexpensive packages. Most companies want candidates to have a clean bill of health for no less than a year. On that note, if you have a record for drunk driving, you may wait up to five years to meet the requirements for the best prices.

Additionally, if your profession is somewhat risky, for instance, transportation, fishing, or mining, your insurer will charge more.

Practice Healthy Exercise and Diets

Your fitness and nutrition count can also determine how much your life insurance coverage will cost, even though not directly. Your overall diet and fitness affect wellness measures such as cholesterol levels, weight, and blood pressure. Your insurer will consider these metrics when calculating your cost.

Even if you are otherwise hale and hearty, you will pay extra if your blood pressure and cholesterol levels are high. Similarly, you will spend more if you are healthy but overweight.

Find More Affordable Rates Between Different Insurers

Granted, being unhealthy makes it hard to find life insurance policies. If your condition is high-risk, you may need to consider several insurance quotes from various insurers to find the best coverage.

Insurance companies have their own underwriting rules, and some insurers offer reasonable prices for certain illnesses. One insurer could be better at covering cancer survivors while another may be better at covering diabetics.

Ask to Be Rated Again

Your health may have been poor when you initially purchased your life insurance policy, but you can have it re-considered if your health has significantly improved. Once you are a client, you can ask to re-rate your coverage if your health improves from the time you obtained the life cover.

Remember, any rising health problems as well as the fact that you have gotten a year older will be taken into consideration when determining the new cost. Still, a re-rating can help you save some money on your policy.

Are You Looking for Health Insurance?

The team at HealthPlanOptionsToday prides themself in helping people get the best insurance prices for their unique needs and situation. We can’t wait to help you as well! Click the button below and we’ll contact you, or call our hotline at 888-375-8879 for instant help.

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HPOT Gives Back: Our Staff Helps Foster Pups

Some of our staff members took some time out of their weekend to help volunteer as transport partners for Big Hearts Big Dogs, which is a South Florida-based organization that helps to rescue and advocate for large dog breeds.

Thank you to our staff for taking the time to do this, and thank you to Big Hearts Big Dogs for allowing us to participate. Just take a look at these cuties!

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“How Much Does Health Insurance Usually Cost?”

We help settle the age old question here.

“Is this what the price of health insurance is supposed to be?” That’s usually what’s wandered out loud after people get a health insurance quote or while they’re searching for the best price for health insurance.

The truth is, the answer to that question is quite complex and depends on several factors that have a direct impact on how high or low your premiums will be. 

This answer to this question even varies state-to-state. People across the country pay massively different health insurance premiums every month. Fortunately, thanks to the Affordable Care Act, your pre-existing health condition or gender will not determine the amount of premium you pay. Nevertheless, it is important to know what factors the insurance companies look for, and to understand how these factors can affect the cost of your health insurance. 

Some of the factors are beyond your immediate control, and these include your age, the federal and state laws that apply to you, what county you reside in, and whether you live in an urban or rural area. 

Other factors that affect the cost include: 

  • Whether you are in an employer’s group plan
  • The size of the company you work for
  • Your income
  • The type of health insurance plan you choose
  • Whether or not you use tobacco products

Therefore, the “best” price for health insurance for a person or family depends on these factors. 

According to an Employer Health Benefits Survey conducted in 2019, individual coverage for employee-sponsored Americans costs an average of $7,188 each year, and family coverage averages $20,576 for per year. Don’t forget, though, that these costs are typically at least partially covered by employers. In addition, generally speaking, people who buy health insurance through the national and state marketplaces end up paying more than employees who pay health insurance premiums using pretax income. 

Choosing the Right Health Insurance Policy

There are health insurance plans for single individuals, married couples, people with kids, seniors, minors, and people in unique situations. The policy you qualify for will affect the quality of healthcare you receive, the amount you will pay, and the benefits you will have access to. Therefore, you need to review and analyze all options to make an informed decision that will meet your specific needs. 

When it comes to the cost of health insurance, it’s important to understand the difference between POS, PPO, and HMO plans, in addition to indemnity plans.

Types Of Insurance Plans – Decode The Acronyms:
  • Point of Service Plans (POS)
  • Preferred Provider Organizations, also known as PPOs
  • Health Maintenance Organizations, or HMOs
  • Indemnity or Fee-for-Service Plans.

Each of these plans comes with its own pros and cons and pricing structure. That’s why it’s important to conduct adequate research before selecting a plan (see our article that compares HMOs vs PPOs).

How Do Subsidies Affect The Cost of Health Insurance? 

A health insurance subsidy is where the government helps credit health insurance premiums, making them more affordable to applicants. In essence, the government makes payments to insurance companies directly or may reduce the amount of tax an insured person may have to pay; this helps cover a portion of the price that subscribers need to pay. This year, the government increased the subsidies to Americans with low income and extended the bracket to those with slightly higher incomes. 

Health Insurance Deductibles

In addition to the premiums that health insurance subscribers pay, they also pay deductibles up until a certain point. At the predetermined point, insurance coverage starts to pay a portion of the bills, which is obviously an advantage for the insured.

Finding the Best Price for Health Insurance

Our team of experts at HealthPlanOptionsToday are trained and experienced in helping people get the best insurance prices for their unique needs and situation. They specialize in exploring every available option, and have helped thousands of Americans get the best health insurance plans for their families and themselves. We can’t wait to help you as well! Click the button below and we’ll get in touch with you, or call our hotline at 888-375-8879 for instant help.

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Pennsylvania Secedes From ACA (And Why Other States Are Doing It Too)

How and why Pennsylvania is leaving the Obamacare marketplace is part of a much larger trend. But don’t worry- that trend is geared toward helping people save money.

Affordable healthcare has been a primary talking point in politics since the launch of the Affordable Care Act in 2013, and since then, most states have used HealthCare.gov to serve individuals that purchase coverage. The marketplace is experiencing a new life after the regular enrollment period, thanks to President Biden’s extension on Obamacare enrollment.

Even with this new life that’s been given to public health insurance, Pennsylvania is breaking away from the Affordable Care Act marketplace. Pennsylvania is planning to save millions of dollars in health plan premiums through “Pennie,” its state-run healthcare insurance exchange that will roll out soon. This is the new trend among a group of states that are choosing to move away from the federal marketplace and opting to introduce state-run insurance exchanges.

Other states taking over their healthcare exchanges soon include New Jersey and Pennsylvania, which will begin enrollment on November 1 this year. This fall, New Mexico and Kentucky will launch and revive their exchanges, respectively. Maine is planning to debut its healthcare exchange this year while Virginia is planning to begin the process next year or in 2023.

Lawmakers in these states argue that the federal marketplace has become too costly, and they believe they can provide better service for much less. The self-contained healthcare exchanges aim to pass on the anticipated savings to the policyholders, which is great news.

Studies show that state marketplaces are attracting more consumers than the federal-run exchange, especially young adults, thanks to the promise of better savings. The policymakers claim that they can run the state exchanges more efficiently and are in a better position to respond to the needs of both residents and insurers. At the end of the day, it all boils down to getting the best deal.

Difficult Economic Times

“Over 11 million people receive coverage through federal and state exchanges, and more than 80% of these people get federal subsidies aimed at lowering their cost of insurance.”

-Healthcare.gov statistics

The COVID-19 pandemic has caused economic turmoil around the country, with millions of people losing their jobs and businesses, leaving them with no source of income. The fear of getting the virus and not being able to access the necessary healthcare is real and justified. As a result, most people are looking to sign up with the state-run exchanges to take care of their current and future health needs. By operationalizing the state-run exchanges, the policyholders will ease their residents’ burdens.

States that have their healthcare exchanges have achieved a much higher rate of enrollment compared to those that use the federal exchange. The lower premiums, as well as better consumer protection and education, have contributed to this high enrollment. This trend will likely continue, and it is an important selling point for the state-run exchange.

States Taking Control

Policyholders argue that their healthcare exchanges will allow them to control their destinies since they currently rely on the federal government. The states are hoping to continue to attract younger consumers who are more likely to be healthy, and this is a significant move towards helping the marketplaces to spread the risk. According to experts, spreading the insurance risk is a sure way to keep the premiums down.

The effort to hold down insurance premiums has continued to increase since the pandemic has increased the demand for accessible healthcare. States hope to enroll more residents in their marketplace health plans, and they have the data necessary to embark on targeted enrollment. Thanks to Penny, Pennsylvania will save $50 million every year, which they can use to support the reinsurance program that is required for individuals with very expensive healthcare needs. Furthermore, the state will have between $1.2 million to $1.6 million for navigators to aid with enrollment, an amount that is close to four times what the federal government allocates.

How Can I Sign Up For My Insurance?

No matter what state you live in, the path to health insurance can be a tough road to travel down alone. That’s why it’s worth it to get in touch with the experts at Health Plan Options Today to understand all the health insurance options that are available to you. Call the hotline at 888-375-8879 or click below to get more information from our team.

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COBRA Premium Reimbursements and How to Qualify

President Biden’s America Rescue Plan has already affected millions of Americans through tax subsidies and stimulus checks. Here’s how it may affect your health insurance this year, especially if you’ve lost your job due to COVID-19.

On March 11th, 2021, President Biden signed the America Rescue Plan into law. A major part of the rescue plan is that it will help qualified people receive assistance with health insurance costs through government subsidies and reimbursement.

Those who are laid off, retired, have experienced reduced hours, or have experienced any other qualifying reason for job loss are eligible for COBRA (the Consolidated Omnibus Budget Reconciliation Act), which is a law that helps people keep their insurance after losing their job. Biden’s plan subsidizes COBRA for those who have lost their job through pandemic-related issues.

Although an employee can qualify for COBRA for a variety of reasons, not all will qualify for an insurance reimbursement.  The federal government is willing to reimburse people for the cost of COBRA if they’ve lost their job due to COVID-19 However, if someone voluntarily left their workplace during the pandemic, they will not qualify for this government assistance.

What President Biden’s New COBRA Program Means

In regular times, COBRA mandates that continuing insurance options for individuals and their families are generally available for up to 18 months (depending on state requirements). Now, the federal government will be subsidizing premium expenses for those who qualify between April 1st to September 30th. This subsidy will cover the insurance premiums, but copays and deductibles would still be left for the former workers to cover. Those that would like retroactive coverage for previous months of coverage will be responsible for the premiums for those months. If retroactive coverage is not desired, the applicant would only be responsible for the premiums moving forward. Because most COBRA options are available from 18 to 36 months, when an employee’s eligibility finishes, the assistance from the federal government also no longer applies.

What Should I Consider Before Using Biden’s Plan?

One factor that will likely disqualify a large group of people from President Biden’s plan is outside enrollment. If someone who lost their job enrolls in insurance outside of COBRA, they would no longer be eligible to transition back into their former workplace’s insurance. Those who become new employees at a workplace that provide health insurance by September 30th are also no longer eligible. There are other restrictions that may hamper applicants in the long run as well- they can all be found here (or you can simply get in touch with one of our experts to discuss your options).

For those who qualify for COBRA, there are some other things to consider. If your insurance coverage comes to term shortly after April, you will want to make sure you have insurance coverage moving forward. Although you will have assistance for those eligible months, you might have a lapse in coverage if your next step is not planned ahead of time. (As a reminder, open enrollment for Affordable Care Act options is now available until May 15th). For those who are enrolled in family plans, any dependents who have turned 26 years old will be responsible for finding their own insurance policy. Another factor to consider is that former spouses of the primary insurance holder are still eligible for the COBRA plan but are responsible for the cost.

What If I Want Other Healthcare Options or Miss the Healthcare Enrollment Period?

For more information about COBRA and how President Biden’s plan affects you, or if you have any other questions or would like to enroll in health insurance, just fill out the short form below or give us a call at 888-375-8879 and we’ll help you get insurance at a rate you can afford.

Need Health Insurance?

Fill out this form and our experts will contact you to help you get the right insurance for your needs.

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The FREE Guide to Medicare Supplements That You Deserve

Purchasing the best Medigap coverage for your needs may seem out of reach unless you understand the 7 concepts in this guide.

Medicare is one of the United States’ largest, most successful, and oldest public health programs (it has been around since the 1960s), but it not perfect. While Medicare covers a lot, it doesn’t cover everything, nor is it always affordable, and that’s where Medicare supplements step in. Medicare supplemental programs (also known as Medicare gap coverage or medigap plans; for the record, there is no difference between medigap and medicare supplements) help address some of the holes that Medicare coverage does not cover, and helps fill in the gap when Medicare costs are too high.

How Our Guide Will Help You As You Shop For Medigap

Overall, this guide will help you gain the knowledge you need to be an intelligent medigap shopper- which is important, because without this basic knowledge, comparing Medicare supplement plans may seem like an overwhelming exercise. To create this guide, we surveyed our team of experts and asked them what they feel is most imperative that people know about Medicare gap insurance before they begin shopping. These were the 7 answers that came up the most often, and they go beyond the basic question “what does medigap insurance do?

To download the guide, click the link below.

For further information about health insurance, including medicare supplements, medicare advantage programs, general health insurance, and the many other programs we offer, call our hotline at 1-888-375-8879 or click the link below and we’ll contact you!

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Health Insurance After Divorce: What Are My Options?

What Happens To Health Insurance After A Divorce?

Divorce is not an easy topic to talk about. While the questions of “who gets the house”, and “what will happen with the kids?” are obviously the most pressing questions in this situation, divorce is so complex that there are likely hundreds of procedural questions that must be confronted before, during and after a split.

“I’m on my spouse’s health insurance, what will happen to me after we split?”

-The Most Important Divorce Question That No One Thinks About

After a divorce, your former spouse is supposed to cover your health insurance premiums but this only happens for a time. Many people forget that if paying the premiums is not part of the divorce settlements, you will be dropped from the other party’s health insurance plan once the divorce is settled. This is the reason why it is recommended that you know your options before taking up a health insurance plan. Here are a few options that you should consider for health insurance after a divorce.

COBRA and Divorce

A divorce will mean that you are left without your partner’s company health insurance plan. However, COBRA guarantees that you are still entitled to up to 30 months of insurance coverage (the length of the duration of cover is dependent on the circumstances of the divorce.) To qualify for COBRA extended coverage, your ex must be working in a firm with more than 20 employees. 

However, there are some states with mini-COBRA that cover businesses with less than 20 employees. once the COBRA health insurance coverage is terminated, you are required to re-apply for the same within 60 days, only this time you will be the one paying premiums and not your former spouse’s employer. COBRA is appealing to divorced individuals who have already accrued a significant amount of medical expenses as they do not have to start over once their COBRA insurance policy is terminated.

Employer Health Insurance Coverage After Divorce

After a divorce, you are eligible for health insurance from the employer provided that you are under active employment. This option is considered to be more cost-effective compared to COBRA and does not drag your ex-partner into paying your premiums. However, one thing you need to understand is that this option can only be accessed during specific periods during the year. There are unique situations that can give you special enrollment to the Employer Health Insurance Plan as it is the case with a divorce.

How Divorce Affects Obamacare Health Plan

The good thing why you should consider Obamacare health insurance is because even with your employer’s health insurance plan, you are still eligible for the latter. This is because Obamacare is either run by the state or the federal governments. Obamacare is almost similar to the employer health insurance plan since you have 60 days after a divorce to apply for coverage during a period referred to as a special enrollment period. If the 60 days lapse without you having applied for Obamacare health insurance, then you would have to wait for the regular enrollment period that takes place towards the end of the year.

Short Term Health Insurance for Divorcees

Short-term health insurance is a good option for people who cannot afford Obamacare or feel that they are likely to get formal employment in the near future. Of course not every health insurance plan matches your budget for the same. There are a number of things that you should know about short term health insurance one of them being that this option is not for people with pre-existing medical conditions. This blanket exclusion sometimes makes this option unattractive to people since Obamacare and the employer plan allow people with pre-existing conditions to enroll.

In the event of a divorce, finding the right health insurance option should not be problematic as long as you know what to look for in the right plan. Divorce is a difficult event and if your judgment is clouded, chances are that you will rush to choose a health insurance plan that is not ideal for you and your family. For this reason, be sure to use Health Plan Options Today to help find a plan that will usher in the next chapter of your life while guaranteeing good health and wellness. Click the button below or call our hotline at 888-375-8879 to get started on your journey.

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COVID Relief Bill Changes COBRA

What does President Biden’s new bill mean for COBRA insurance?

What Pres. Biden’s New Relief Bill Means for COBRA Insurance?

Just days before he was elected president, Joe Biden outlined his agenda for post-COVID-19 recovery efforts- which include provision of subsidized COBRA coverage. The then president-elect laid out an elaborate plan to address the healthcare challenges by increasing Affordable Care Act subsidies, while paid leave obligations for employers are also set to increase.

COBRA continuing coverage is one of the key highlights of Biden’s administration, with continuing coverage being extended until September 2021. COBRA continuing coverage will address healthcare needs for people who have lost jobs but do not specify the amounts to be allocated to each individual.

Government Will fully cover Laid-off Workers’ COBRA Premiums Through September

Last year, the Democrat-controlled house approved the first Heroes Act thus giving workers who had been laid off, had their hours cut or furloughed by offering them a 100% subsidy.

According to a report by the Kaiser Family Foundation, it is estimated that approximately three million people were laid off and subsequently lost their employer-sponsored health insurance between March and September 2020.

The American Rescue Plan is therefore address healthcare coverage through COBRA. While some COBRA policies during the COVID-19 era was confusing especially to employers, some organizations such as the America’s Health Insurance Plans (AHIP) have been agitating that the government continues with COBRA for several months.

A brief by the Kaiser Family Foundation found that by extending COBRA, the issue of non-insurance would reduce. If COBRA was to be extended up to two years, that period would cost the government an estimated $106 billion. However, extending COBRA could eventually address some of the main concerns that cause high premiums.

How Capping Health Insurance Premiums Will Affect Workers

The plan to cap premiums of the Affordable Care Act by Biden’s administration also seeks to address the issue of high health insurance premiums. The Trump administration was opposed to the Affordable Care Act and even went ahead and reduced premiums when Donald Trump was in office. This led to a decrease in Affordable Care Act marketplace premiums as they were only accessible to people eligible for premium tax credits.

Who are the Major Beneficiaries?

The current administration is hoping that by increasing premium tax credits, more than ten million Americans who rely on premium-related healthcare will spend much less. The new plan by Biden administration is to first address the veterans who took the greatest hit after the COVID-19 pandemic.

Prior to the crisis caused by COVID, the Veteran Health Administration had registered some success with very low non-adherence rate. After the COVID-19 crisis, the Veteran Health Administration was pivotal toward addressing the health crisis, especially toward the communities that were most affected.

The Veteran Health Administration also maintained coverage to veterans after most of them lost their employer-sponsored health insurance. Such efforts are what put the organization under the current financial strain.

What the new Relief Bill Means for COBRA insurance

Thanks to the $1.9 trillion stimulus package, Biden administration will maintain laid-off workers employer-sponsored health insurance up to September. However, what is unclear is how many Americans will benefit from the relief bill.

Some experts agree that the statistics seem to show that while the COBRA extensions have been good on paper, people haven’t been signing up at the rate that policymakers likely hoped for. While lack of knowledge of the ins and outs of this program is probably partially to blame, there are likely other reasons as well.

For one, COBRA can be expensive if you don’t know what your options are. After all, COBRA at its most basic definition means that you’ll have to pay your portion of the premium as well as the employer’s portion. Another issue is that people may not understand the signup process for COBRA and just don’t bother.

In order to find out what your options are or get a walkthrough of COBRA, click the button below or call our hotline at 888-375-8879 to speak directly to an agent..

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PPO vs HMO Plans

What’s The Difference Between HMO and PPO Plans?

Let’s suppose you’re looking into the best health insurance plans for you and your family. Of course, you want to ensure that the plan you choose meets your needs and is budget friendly, while allowing you to see your preferred doctors or specialists. Early in the search, you realize there are several types of plan options available, but you notice that HMO (health maintenance organization) and PPO (preferred provider organization) plans are the most common. However, it’s hard to understand the difference between the two and almost seems like an impossible choice.

You’re not alone. HMOs and PPOs are distinct healthcare plans and networks, and each provides members with quality care and benefits; they also have their own pros and cons. The main differences between them usually pertain to cost, network size, ability to see specialists, and out-of-network coverage. How can each plan benefit you and your family? What’s the best choice for your situation?

Understanding The Choice Between HMO and PPO PLans

An HMO, or a Health Maintenance Organization, is based on a network of specific doctors, hospitals and other healthcare providers within a certain geographical area. Generally it only covers care that is offered by the carrier’s contracted in-network providers. Typically you have to choose a PCP, which is known as a Primary Care Physician, and get a referral before you can see a specialist or have special tests done. Because they work with a limited number of providers, they are able to negotiate pricing, which leaves you with lower cost premiums and out-of-pocket costs. However, there is almost always a deductible – which is the amount you must pay up-front before insurance benefits kick in to cover costs. Also remember, you are restricted to who you can utilize for your healthcare needs, unless it is a medical emergency. So if your current doctor is not within the network, you will have to choose a new primary physician or forgo that coverage, opting to pay for out-of-network services yourself.

A PPO, or Preferred Provider Organization, is designed to offer flexibility when choosing doctors, hospitals and other providers. They have a larger and wider network to access, and unlike HMOs, they offer you the freedom to choose to continue to utilize specific out-of-network services you may prefer. You don’t need to choose a PCP, referrals to see a specialist are not required, and you are able to utilize your coverage in a broader region, even nationally. However, while costs are more affordable to use the in-network providers, you can run into higher premiums or out-of-pocket costs in exchange for more flexibility. If you use an out-of-network doctor, you will typically have to pay your copay in full as well as cover the cost of the medical bill, and then submit a claim to your PPO for reimbursement. Overall, you will be a bit more responsible for managing or coordinating your care and needs.

Making the best decision for your family comes down to what is more valuable to you; lower costs and increased rigidity in your healthcare options, or greater flexibility in coverage and potentially higher costs. HMOs may be better for you if you don’t mind having to utilize specific doctors, but if you have a large family or are a heavy healthcare user, a PPO may be your best option. With either plan, consider checking to see if your preferred providers are already in the network and do your research to ensure you are securing the best coverage for you and your family.

If you’re unsure which type of plan to choose, it’s worth it to get in touch with Health Plan Options Today to speak about private insurance costs. Call their hotline at 888-375-8879 or click below to get more information from our team.

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Why Having Private Health Insurance Can Be Beneficial

Years ago, most employees obtained health insurance through their job. Employers handled all the hard work- like researching which insurance company to use and picking coverage options for their entire work staff. However, a lot has changed recently and “group coverage”, as employer-sponsored coverage is called, is not the same anymore. Employers are cutting costs and healthcare is only getting more expensive, and if an employer offers corporate health insurance plans, it is not always the best or most affordable option for their employees. Many people are turning to private health insurance as their insurance option as a result of this trend.

Why Buy Private Health Insurance?

There are a long list of reasons to buy private health insurance, but here are just a few:

Your Insurance Isn’t Tied To Your Job, and Neither Should You Be: It’s sad but true- many people who are facing long-term medical issues will hold onto a job just for the health insurance, even if the job isn’t necessarily the best situation for them or if there’s a better offer on the table. Private insurance allows people the freedom of mobility between jobs.

Curate Your For Your Favorite Doctors: It’s like a love story gone bad, but we’ve all seen it happen: someone switches insurance plans, then they’re not able to see their doctor that they’ve been visiting for 20 years, simply because their doctor is not in-network. Another sad case is the person who asks to be hospitalized at a hospital several miles from home, because the hospital a few miles from their house isn’t in-network. The private insurance option allows people to pick a plan that is associated with the hospitals and doctors they prefer.

Curate For Your Needs: Planning to start or expand a family soon? If you have a family already, is your child going to need braces next year? In these cases, quality medical coverage for pregnancy and dental coverage might be needs worth considering when shopping for private insurance plans. Another advantage of private medical insurance is that you can shop for your needs when shopping for a medical plan, you’re not just bound to what your employer thinks you need.

How Much Does Private Insurance Cost?

There’s a general perception that private insurance is more expensive than group insurance. It may surprise you that this isn’t necessarily the case, especially depending on what state you live in. Depending on which state you live in, it may be mandated that private insurance acts like group insurance by sharing costs- but unlike employer-sponsored group insurance which shares costs across a company, these private insurance shares costs across the entire state.

If you’re not sure what kind of state you live in or how much private insurance costs in your state, it’s worth it to get in touch with Health Plan Options Today to speak about private insurance costs. Call their hotline at 888-375-8879 or click below to get more information from our team.

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