Tips for Finding the Most Affordable Health Plans Available
Did you know that you are 25% more likely to use you Health Insurance than you are Home or Auto Insurance? You need health insurance to protect yourself in case you become sick. Health insurance ensures that you have access to health care when you need it, so that you don’t forego treatment because of financial concerns. The right health insurance can also cover major medical bills so that your family is not financially ruined by a major illness.
But affording health insurance can be an obstacle for many families, as premiums can be well over $1,000 a month in many cases. Fortunately, you have many options that can help you get the health insurance you need without spending too much money. Here are a few tips for finding the most affordable Mesa health plans available:
Search the Exchange
HealthCare.gov has a number of health plans listed for your state and needs. You can get a number of quotes quickly so that you can compare options and find the most affordable plan available. You may also qualify for a subsidy for these plans, depending on your income and the number of dependents you have.
Remember that if you don’t have health insurance throughout the year, you will have to pay a tax penalty. Getting health insurance through the exchange will not only help you find the most affordable plan but also help you avoid the tax penalty.
Get a Short-Term Plan
You need to have consistent health care coverage if you want to avoid the tax penalty. However, if you are in the process of searching for a job, or you are about to get married, you may want to get short-term coverage just to cover that gap. You may know that you will have health insurance soon, but you just need to have short-term coverage now.
You can get a short-term health insurance plan for up to 12 months. You may pay a little more for the premium, but you will get the coverage you need without having to pay outrageous COBRA fees.
Get a Healthshare Ministry Plan
A healthshare plan is not like typical health insurance. These plans provide a very low monthly cost yet still offer Doctor Visits, PPO networks, preventative care, telemedicine, Urgent and Emergency Care and up to $2 million in catastrophic coverage . However they are not for everyone since they have a Faith Based Statement of Standards that members must agree too and they do not cover pre-existing medical conditions for the first couple of years.
If you have significant health conditions, you should consider an ACA based Group or individual plan that is required to cover Pre Existing Conditions. However, if you are healthy and believe in a Christian set of principles, a healthshare ministry plan may be a good choice.
Apply for Medicaid
Medicaid is a government-sponsored form of health insurance for those who have low incomes. It offers basic medical coverage for those who qualify, as well as for their dependents. If you have a low income and are struggling to find an affordable health insurance plan, you should consider applying for Medicaid.
If you are a senior, you could apply for Medicare instead. The program is similar to Medicaid, but it is only available to seniors who meet certain requirements.
Health insurance can be a large monthly expense, but is a necessary one. You shouldn’t put off buying health insurance as a way of saving money. You could end up paying much more in the long term for medical expenses. Instead, try out these tips to help you find the best health insurance plan to fit your budget. You may be surprised at what options are available. Talk to a broker to help you find a plan that fits your needs and your budget.
Phoenix Health and Life Insurance has a number of options to help you get the health insurance you need. We help individuals find the Mesa health coverage they need, with health plans that include healthshare and long-term care plans. We can also help individuals with Medicaid and Medicare. If you are a business owner, we can help you find an affordable group insurance plan for your employees. We work with major health insurance providers in the state, and we can help you find the perfect plan. Contact us today to start your search or to learn more about some of the available options.
We have two locations to serve you:
Call us today to see how we can help (623) 516-8300
20823 N Cave Creek Rd, Building B Suite 101
Phoenix, AZ 85024
4455 E Broadway Rd #104,
Mesa, AZ 85206