President Trump Update:
Have my healthcare choices changed?
Let’s start by saying this: Obamacare (the Affordable Care Act) is still in place.
President Trump and Republicans are working to make changes to the healthcare system, which means that things will likely change in the future. However, this will not happen for some time. This means you currently still have 2 options to choose from:
1. The Open Enrollment Period has started, so you can enroll in an Obamacare (ACA) plan. Now may be the best time to enroll in an Obamacare plan since you’ll still be covered for preexisting conditions and you’ll still be able to receive subsidies to help make plans affordable. You’ll be protected from the tax penalty and you’ll have access to preventative care as well as the other nine protections required under the ACA. However, you should act fast. One thing the Trump Administration did change is the length of the Open Enrollment Period to only 45 days, which means that the Open Enrollment Period will close on December 15th.
2. You can enroll in a short-term major medical plan, this could provide affordable coverage for any period from 30 day up to 3 months. Short-term plans can oftentimes be less expensive than Obamacare plans, but, it’s important to point out that they don’t cover pre-existing conditions.
Fill out the form to see your plan options in more detail.
Yes, California operates its own Health Insurance Exchange meaning that if you live in California your health plan will be approved by the Covered California Exchange. With our easy quoting system we can provide you with instant access to Covered California Health Insurance plans tailored to your needs.
All Obamacare plans offered through the Covered California Exchange must provide the minimum coverage levels outlined by the affordable care act. This means that coverage must be included for:
1. Laboratory Services
2. Emergency Services
3. Prescription Drugs
4. Mental Health and Substance Abuse Services
5. Maternity and Newborn Care
6. Pediatric Services
7. Rehabilitative and Habilitative Services and Devices
8. Ambulatory Patient Services
9. Preventative and Wellness Services and Chronic Disease Management
Yes thanks to the Affordable Care Act there are affordable rates and tax subsidies to help lower monthly premiums. If you earn between 100 and 400 percent of the Federal Poverty Level, you could be eligible for tax subsidies to help reduce your monthly premium.
It’s estimated that 1,903,000 Californians were eligible for Tax Credits to help with subsidies in 2013. The average monthly premium in California in 2013 was $225.
The Affordable Care Act prevents insurance companies from charging higher premiums to those with pre-existing conditions.
California has expanded Medicaid meaning those with low incomes may now be eligible for Medicaid coverage.
There are four metal plan levels available under Obamacare:
Bronze: Your health insurance plan pays about 60%, you pay about 40%.
25% of Californians insured through the marketplace chose a Bronze level plan.
Silver: Your health insurance plan pays about 70%, you pay about 30%.
64% of Californians insured through the marketplace chose a Silver level plan.
Gold: Your health insurance plan pays about 80%, you pay about 20%.
5% of Californians insured through the marketplace chose a Gold level plan.
Platinum: Your health insurance plan pays about 90%, you pay about 10%.
5% of Californians insured through the marketplace chose a Platinum level plan.
Catastrophic level plans are also available but only to those under 30 or who have a hardship exemption. They require you to use a lot of care services before they will cover costs. 1% of Californians insured through the exchange chose a Catastrophic level plan.
Open Enrollment periods happen once per year. The Open Enrollment Period for 2018 coverage runs from November 1st - December 15th. However, many states have extended their Open Enrollment Period, which means that anyone living in these states will have additional time to enroll. However if you’ve experienced a life event in the last 60 days, such as marriage, giving birth or moving homes, you may be eligible for a Special Enrollment Period. We can check your eligibility as part of our quoting process.
All California residents must sign up for Individual and Family plans through the state marketplace. We work with the marketplace to give you access to all of the plans available in your area. We know it can be difficult and frustrating to find a Health Insurance plan that fits both your needs and your budget but it doesn’t have to be. We’ve created a quoting process that will help you find the perfect plan for you and your family. It’s as easy as 1,2,3…
1. Fill in our simple online quoting form. By sharing basic information with us, we can get you accurate quotes tailored to your situation.
2. Sit back and relax while we check to see if you are eligible for subsidies to help with premiums.
3. Get instant access to plan quotes for all plans available in your location!
Data Source: The Henry J. Kaiser Family Foundation.