The Millions of Uninsured Consumers Who Missed the Obamacare Open Enrollment Still Have Options
There are three well-established alternative forms of healthcare coverage that consumers can apply for year round: short-term health insurance, healthcare sharing ministry plans, and health benefit insurance:
- Short-
Term Health Insurance is a form of major medical insurance designed to bridge gaps between other forms of health coverage, and has been offered by major insurance companies such as UnitedHealthCare® for over three decades. Like other major medical health plans, short-term health plans include coverage for doctor and specialist visits, hospitalization, emergency care, and lab tests. Healthcare research shows that most consumers can purchase a short-term plan for$100 a month or less, which is around half the costs of an Obamacare plan with a similar deductible level.
- Healthcare Sharing Ministries plans are technically not insurance but a group of individuals and families who have joined together to share the cost of healthcare across the group. Members must agree to live by certain religious codes, such as limited tobacco and alcohol use. Generally, these plans do not discriminate based on age, weight, or health history. Members are not limited to any network and may seek providers both in and out of state.
Health Benefit Insurance is a form of indemnity medical insurance and has been offered by insurance companies such as Aflac® for over six decades. Health benefit insurance plans will pay a fixed cash benefit to members in the case of a covered medical event such as a doctor visit or a hospital stay. Health benefit insurance plans are often combined with supplemental insurance products such as accident or critical illness insurance, as well as supplemental non-insurance services such telemedicine.
Consumers should understand that these three alternatives are different from Obamacare in scope of benefits. For example, they generally do not cover pre-existing health conditions and may not offer all of the ten essential health benefits required by an Obamacare plan (such as maternity benefits and pediatric dental care). Additionally, purchasing a short-term health plan or a health benefit insurance plan alone will not satisfy the Affordable Care Act insurance mandate, resulting in the potential for a tax penalty unless the consumer otherwise qualifies for an exception to the penalty.
AgileHealthInsurance and HealthPocket are the registered trademarks of
AgileHealthInsurance.com was created to educate people about the benefits of short-term health insurance and provide a fast, online process for purchasing these plans. Short-term health insurance is a flexible and low-cost major medical insurance for individuals without expensive pre-existing health conditions. It is not Obamacare. Short-term health plans offer consumers the flexibility to choose health plans with the benefits that matter most to them and combine these benefits with broad provider networks. Additional information about AgileHealthInsurance can be found at www.AgileHealthInsurance.com.
On
AgileHealthInsurance is a
View original content:http://www.prnewswire.com/news-releases/the-millions-of-uninsured-consumers-who-missed-the-obamacare-open-enrollment-still-have-options-300572455.html
SOURCE AgileHealthInsurance
Ellie Mae Announces 2018 Hall of Fame Finalists
Bitcoin Price Breaks Records as Futures Commences to Trade
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News