Do I only have the "open enrollment" time period to be able to set up private insurance?
That is only for Public Marketplace/ACA/Obamacare, employer or/and government plans. Private insurance is available year-round.
Is private insurance expensive?
To ones surprise, it is much less expensive! Since the rates for private healthcare are based on health and not income, you will generally see lower prices AND better benefits if you can qualify.
Will private plans cover me anywhere I go?
YES! Nationwide coverage, on and off the job. They are PPO plans so you aren't limited to coverage in your zipcode/county like many plans. Unlike employer plans that end once you leave the company and lose coverage, private plans go with you anywhere you go.
What are health insurance prices based on?
Public Marketplace/ACA/Obamacare plans are based on income, zip code, and age. If you don't qualify for government subsidies, they can be very expensive.
Private plans are based on health, age, and zip code.
If health insurance is ever suspiciously cheap, it is usually not a fully comprehensive plan. These are usually short-term or cost-sharing plans with VERY limited coverage. These types of plans also have no coverage for pre-existing conditions.
What are the biggest differences between ACA/Obamacare, Employer plans, and Private insurance?
ACA/Obamacare is best for those with pre-existing conditions or those needing maternity coverage. It is affordable if you are under the income threshold that qualifies you for government subsidies. If you aren't getting government assistance, it is extremely expensive. These plans are mostly high premium/high deductibles because anyone can get on them.
Most employer plans are great for the employee because the employer is legally responsible to pay 50% of the employee's monthly premium. The downside is that the employer is not responsible for paying anything towards family add-ons. This causes the price to jump up significantly when adding family members and can get pretty costly because the family will be paying full price to be added to the plan.
Private insurance is medically underwritten, meaning you have to qualify based on your health. Since you are in a lower-risk pool of people, you get a lower premium and preferred rates, so they are more affordable than most plans with BETTER coverage.
Do you only work with health insurance? What about dental, vision, etc?
No! I can also write policies for Dental, Vision, Life, Supplemental, Critical Illness, Accident Disability, etc. I have many trusted referral partners so I am happy to guide you to one of them If you need something I can’t help with.
What are the steps to get started?
We have a discussion around what your needs are
Evaluate various options
Customize a plan according to your preference
Submit an application
Complete your verification call
Receive approval for coverage
How long is the term of the policy?
There is no contract for any health insurance plan, besides employer coverage. You can cancel at anytime for both the public and private health insurance plans.