Maybe you already have an Obamacare plan, or perhaps you are in between major medical policies and do not qualify for a special enrollment period to buy health insurance at this time. Whatever your situation, you’re probably reading this piece because you’re looking for ways to help make healthcare costs more affordable.
In some ways, buying an individual health insurance plan can seem relatively easy. You can search for and compare a range of plans from different carriers at your convenience, and you can get online health insurance quotes in seconds. Then, depending on the coverage you choose, the application and enrollment process may take only a few minutes.
Continue Reading: Where Can I Get Health Insurance Now?
The annual open enrollment period for Obamacare plans (i.e. individual major medical insurance) sold on and away from the state-based and federally facilitated health insurance exchanges begins November 1, 2017. Again, this year, the trend is toward fewer carriers participating in the state-based and federally facilitated health insurance exchanges established under the Affordable Care Act.
Continue Reading: Infographic: The Obamacare Coverage Gap Map
Suddenly uninsured? If you think you’re eligible for a special enrollment period (SEP) for health insurance, be ready to prove it. New regulations effective June 23, 2017, require 100 percent of consumers seeking an SEP in states served by the HealthCare.gov platform to provide pre-enrollment verification. Previously, about half of consumers requesting an SEP were required to do so.
Continue Reading: Health Insurance Special Enrollment is Changing
Continue Reading: Ask Frank: Uninsured Between Jobs — Will I Owe a Tax Penalty?
Continue Reading: What is the Best Health Insurance for Recent College Grads?
Although the GOP continues to craft new legislation for repealing and replacing the Affordable Care Act (i.e., Obamacare), none of its proposals have passed. However, some changes are coming anyway—changes that aim to improve the health insurance risk pool, promote more competition within markets and increase consumer choice.
Continue Reading: Not Up for Debate
The situation: You bought an individual health insurance plan on January 30, the day before 2017 open enrollment ended. That means you have coverage starting March 1, but you don’t have it now. You have no benefits to help with unexpected medical bills.
Continue Reading: Waiting it Out
2017 open enrollment for individual health insurance plans ended on January 31. While in past years there have been deadline extensions, for the most part that is not the case this year. There are a few exceptions, and here is what we know:
Continue Reading: Has Obamacare Open Enrollment Been Extended?
What is short term medical insurance and why do I need it?
In a nutshell, short term medical insurance is a great option for individuals living on limited income. It’s also an affordable option for people who have lost their health benefits, are getting divorced or just going through a temporary lifestyle change that leaves them without health insurance. In other words, short term medical can be an affordable health insurance option compared to many health insurance plans.
Continue Reading: A breakdown of short term medical insurance1