Frequently Asked Questions about Health Insurance

Explore the most commonly asked questions about Health Insurance, Medicare Plans, Cost-sharing Alternatives, and more

Having health insurance is strongly recommended for individuals as it provides financial protection against unexpected medical expenses. Health insurance helps cover the costs of doctor visits, hospitalization, prescription medications, and preventive care. Additionally, it ensures access to a network of healthcare providers and can help you receive timely and appropriate medical care. In addition, the Affordable Care Act mandated that if you do not have health insurance you will be required to pay a tax penalty.

Qualifying for a subsidy on your health insurance depends on factors such as your income and household size. Subsidies, also known as premium tax credits, can help lower your monthly premium costs.

If you earn between 100% and 400% of the Federal Poverty Level you may qualify for a subsidy. We can check exactly how much financial help you may be eligible for as part of our quoting process or when you speak with a licensed insurance agent.

Generally, to enroll in a Major Medical or Obamacare plan you must sign up during the Open Enrollment Period, which happens from November 1st to January 15th each year. To learn more about enrollment for Affordable Health Insurance plans click here. However, if you have a Qualifying Life Event (like changing jobs, moving, losing your current coverage, etc) you can enroll within 45 days of that event.

For Medicare there are two periods you can enroll are called the Annual Enrollment Period (AEP) and the Open Enrollment Period (OEP). AEP runs each year from October 15th to December 7th. Open Enrollment runs from January 1st to March 31st each year. And you can always enroll when you are turning 65, starting 3 months before you turn 65.

Short-term plans and Cost-sharing plans are always available and can ofterntimes be cheaper than traditional health insurance plans. You can learn more about these plans here.

That can be a complicated question. It can depend on a number of factors such as your age, health, and income. To help guide you on where to start we have a tool which can narrow down your options and provide more information. To get started please visit the Help Me Choose tool and answer a few basic questions to get more information.

The short answer is no. If you request a quote you are under no obligation to buy a plan. Getting a quote and talking with a Licensed Insurance Agent is one of the best ways to make sure you are getting the right plan for you. We only work with trusted partners who are interested in helping people like you learn more about their health insurance options and get the coverage they need. So go ahead and get quotes, there is no obligation to buy. To get started, go here and answer a few basic questions to help guide the journey.

If you don’t have healthcare coverage, unfortunately you will likely have to pay a penalty on your taxes.

More importantly, if you don’t have health coverage you are putting yourself at financial risk. Health care related bills are one of the major sources of financial debt in the U.S. and not having some form of health coverage significantly increases that risk. Without coverage, you also may face difficulties accessing timely and necessary medical care, which can impact your health and well-being.

The main reason is that we’ve do the hard work for you to start you on the best footing when selecting health insurance. We’ve combed through all the options out there and only partner with the best partners in the industry to provide you with the best health insurance plans possible.

By answering a few quick questions, we can get you started and get you connected with licensed insurance agents who can provide you with free, no obligation quotes. They can walk you through your options, answers your questions, and provide you with a health insurance plan that fits your needs.

Talking with a licensed insurance agent can provide valuable guidance and support in navigating the complex world of health insurance. Agents have in-depth knowledge of various insurance plans, coverage options, and eligibility requirements. They can help you understand the fine print, compare plans, determine subsidy eligibility, and assist in enrolling in a suitable health insurance plan. Insurance agents are trained professionals who can provide personalized advice based on your specific needs and help you make informed decisions regarding your healthcare coverage. And best of all, it doesn’t cost anything to do so; you are under no obligation to buy even if they provide you with quotes.