Health Insurance for Individuals

If you are in need for health insurance just for yourself, then here are some things that you may need to know.

First of all, under the Affordable Care Act laws, people under the age of 26 may stay on their parents’ plans. For some people that is a great option, but for others, there may be a better option.

With the new healthcare laws, pre-existing is no longer a factor. Your premiums are only based on your age, your demographics and whether you smoke or don’t.

In addition, if you have a household of four family members and your gross income is below $46,680, you may qualify for a tax credit. This tax credit is paid each month to the insurance carrier of your choice for your health insurance policy.

Unlike before, if you are self-employed or looking to venture out into the entrepreneur world, you now are not bound to a job that you hate just because you are worried about not having health insurance! Take that leap of faith and know that you can get a health insurance plan that is comparable to your previous employer plan.

Open enrollment for 2019 is November 1 through December 15th. It is always a good idea for you to review your coverage and decide if your current plan in going to cover your current medical needs for the upcoming year.

If you qualify for a special enrollment, you can enroll in a plan now. Such circumstances include: marriage, divorce, leaving a job, getting a new job, change in income, being denied through Medicaid, moving, or losing group coverage either voluntarily or involuntarily. If you are unsure whether you qualify for a special enrollment, call us and we can help.