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Will Open Enrollment Be Extended?

Posted Feb 05, 2016
By Jenifer Dorsey

Will Open Enrollment Be Extended?

What to Know About the 2016 Obamacare Deadline and Recent Changes to Special Enrollment

In 2014 and 2015, Obamacare open enrollment deadlines were extended nationwide to accommodate consumers, companies, technologies and processes that were all adapting to a new way of buying and selling health insurance under the Affordable Care Act.

This year, for the most part, enrollment for 2016 health insurance plans ended as planned: on Jan. 31.

A small handful of states, including California and Maryland, offered extensions to consumers due to reasons such as enrollment volume and weather.[1] But along with most of the states operating their own exchanges, the federal government did not extend the deadline in the 38 states that utilize its exchange, HealthCare.gov.[2]

As a matter of fact, government officials last month announced the elimination of several special enrollment periods along with stronger enforcement of those remaining. In a post to The CMS Blog, Kevin Counihan, Health Insurance Marketplace CEO, explained, “a number of special enrollment periods were created for consumers who were still learning how to enroll in coverage for the first time.”[3]

He stated[4]:

“As the Marketplace matures and consumers learn more about how and when to enroll, we continue to review the rules around special enrollment periods in order to keep them fair for consumers and for issuers. We are taking initial steps in adjusting how special enrollment periods work – and will continue to make further adjustments in the future based on what we learn from continued monitoring and analysis of special enrollment period usage and compliance.”

Special enrollment periods are opportunities to purchase Obamacare plans outside of open enrollment.

Certain special enrollment periods have been eliminated[5]

Seven special enrollment periods have been deemed unnecessary and will no longer be offered. They include special enrollment periods for consumers who[6],[7]:

  • Go to file their taxes and are surprised to owe a penalty for not having health insurance
  • Enrolled with too much in advance payments of the premium tax credit because of a redundant or duplicate policy
  • Were affected by an error in the treatment of Social Security Income for tax dependents
  • Are lawfully present non-citizens that were affected by a system error in determination of their advance payments of the premium tax credit
  • Are lawfully present non-citizens with incomes below 100 percent FPL who experienced certain processing delays
  • Were eligible for or enrolled in COBRA and not sufficiently informed about their coverage options
  • Were previously enrolled in the Pre-Existing Condition Health Insurance Program

You can read the entire announcement at http://blog.cms.gov/2016/01/19/clarifying-eliminating-and-enforcing-special-enrollment-periods/.

What about qualifying life events, were they eliminated?

Special enrollment periods will continue to exist on and away from the state-based and federally facilitated exchanges for people who experience a major life event (i.e., qualifying life event) such as getting married or divorced, losing job-based coverage, or having a child at any point in the year.

To determine your eligibility for a special enrollment period, check with your state-based or federally facilitated health insurance exchange or consult with a health insurance agent or broker. Be aware that you have a limited time period in which you can enroll in coverage following a qualifying life event.

How do I get health insurance outside of open enrollment?

Open enrollment is held annually, and the 2017 dates have yet to be announced. If you do not qualify to buy health insurance after the 2016 deadline, you will have to wait to enroll unless:

  • You begin a job with employer-sponsored benefits
  • Are eligible to enroll in another type of minimum essential coverage such as Medicare or Medicaid

If you are not exempt from having minimum essential coverage under the shared responsibility provision, you could owe a tax penalty if you go without ACA-compliant coverage for a more than a single period of up to three months.

Penalty or no penalty, there is still the matter of how you will pay for unexpected medical bills when uninsured. According to a recent Kaiser Family Foundation study[8]:

  • 27 percent of uninsured adults in 2014 went without needed care in the past year due to cost.
  • Those without insurance for an entire year pay for one-fifth of their care out-of-pocket and are typically billed for any care they receive, often paying higher charges than the insured.
  • In 2014, nearly one third of uninsured adults said they were carrying medical debt, and medical debts contribute to 52 percent of debt collections actions that appear on consumer credit reports in the United States. Uninsured people are at higher risk of medical bankruptcy than those with insurance.

While you are in between Obamacare plans, you can enroll in a short term health insurance plan. This temporary coverage includes a range of benefits related to emergency care, hospital stays, surgical services, doctor visits and more. Plans last as few as 30 days and up to 364, depending on your state laws and personal coverage needs.

Not sure what to do?

Call the number at the top of your screen for assistance. Don’t worry about getting a hard sell.

Our certified advisors are friendly and helpful. They can answer your questions about Obamacare, short term health insurance, and supplemental plans; they can also help you explore your coverage options now that open enrollment is over.

Need short term coverage fast?

Once you find a plan, you can select a start date as early as the date after you apply and enroll. You can complete the process over the phone by calling the number at the top of your screen or online whenever it’s convenient for you.

Click to Shop Short Term


[1] Whitman, Elizabeth. “Obamacare Enrollment 2016 Ends As Some States Offer Extensions.” International Business Times. Feb. 1, 2016. http://www.ibtimes.com/obamacare-enrollment-2016-ends-some-states-offer-extensions-2288180

[2] Leonard, Kimberly. “Third Time’s the Charm? Obamacare Enrollment Over, Deadline Sticks.” U.S. News & World Report. Feb. 1, 2016. http://www.usnews.com/news/articles/2016-02-01/obamacare-enrollment-over-deadline-sticks

[3] Counihan, Kevin. Health Insurance Marketplace CEO. “Clarifying, Eliminating and Enforcing Special Enrollment Periods.” The CMS Blog. Jan. 19, 2016. http://blog.cms.gov/2016/01/19/clarifying-eliminating-and-enforcing-special-enrollment-periods/

[4] Ibid.

[5] Ibid.

[6] O’Donnell, Jayne. “Feds Tighten When People Can Enroll in Obamacare.” USA Today. Jan. 19, 2016. http://www.usatoday.com/story/news/nation/2016/01/19/feds-tighten-when-people-can-enroll-obamacare-plans/79022462/

[7] Counihan, Kevin. Health Insurance Marketplace CEO. “Clarifying, Eliminating and Enforcing Special Enrollment Periods.” The CMS Blog. Jan. 19, 2016. http://blog.cms.gov/2016/01/19/clarifying-eliminating-and-enforcing-special-enrollment-periods/

[8] The Henry J. Kaiser Family Foundation. “Key Facts About the Uninsured Population.” Oct. 5, 2015. http://kff.org/uninsured/fact-sheet/key-facts-about-the-uninsured-population/

This document is for general informational purposes only. While we have attempted to provide current and accurate information, this information is provided "as is" and we makes no representations or warranties regarding its accuracy or completeness. The information provided should not be construed as legal or tax advice or as a recommendation of any kind. External users should seek professional advice from their own attorneys and tax and benefit plan advisers with respect to their individual circumstances and needs.

SHORT-TERM MEDICAL EXPENSE (STM)
THIS IS A SHORT TERM HEALTH BENEFIT PLAN THAT IS NOT INTENDED TO QUALIFY AS THE MINIMUM ESSENTIAL COVERAGE REQUIRED BY THE AFFORDABLE CARE ACT (ACA). UNLESS YOU PURCHASE A PLAN THAT PROVIDES MINIMUM ESSENTIAL COVERAGE IN ACCORDANCE WITH THE ACA, YOU MAY BE SUBJECT TO A FEDERAL TAX PENALTY. ALSO, THE TERMINATION OR LOSS OF THIS POLICY DOES NOT ENTITLE YOU TO A SPECIAL ENROLLMENT PERIOD TO PURCHASE A HEALTH BENEFIT PLAN THAT QUALIFIES AS MINIMUM ESSENTIAL COVERAGE OUTSIDE OF AN OPEN ENROLLMENT PERIOD. THIS POLICY INCLUDES A PRE-EXISTING CONDITION EXCLUSION PROVISION.

About The IHC Group
The IHC Group is an organization of insurance carriers and marketing and administrative affiliates that has been providing life, health, disability, medical stop-loss and specialty insurance solutions to groups and individuals for over30 years. Members of The IHC Group include Independence Holding Company (NYSE:IHC), American IndependenceCorp. (NASDAQ: AMIC), Standard Security Life Insurance Company of New York, Madison National Life Insurance Company, Inc. and Independence American Insurance Company. Each insurance carrier in The IHC Group has a financial strength rating of A- (Excellent) from A.M. Best Company, Inc., a widely recognized rating agency that rates insurance companies on their relative financial strength and ability to meet policyholder obligations. (An A++ rating from A.M. Best is its highest rating.) Collectively, the companies in The IHC Group provide insurance coverage to more than one million individuals and groups. For more information about The IHC Group, visit www.ihcgroup.com.

About IHC Specialty Benefits, Inc.
IHC Specialty Benefits, doing business as Health eDeals Insurance Solutions is a full-service marketing and distribution company that focuses on small employer, individual and consumer products. Health eDeals markets products through general agents online, telebrokerage, advisor centers, private label and directly to consumers. For more information about Health eDeals visit www.HealtheDeals.com.

Continue Reading: Will Open Enrollment Be Extended?


I Missed Open Enrollment! Can I Still Enroll in an Obamacare Plan?

Posted Feb 01, 2016
By Jenifer Dorsey

I Missed Open Enrollment! Can I Still Enroll in an Obamacare Plan?

Open enrollment for individual major medical insurance coverage (also known as Obamacare plans) ended on Jan. 31, 2016. The 2016 Obamacare open enrollment period is officially over and has not been extended as in years past.

If you missed the deadline, you may be uninsured for part or all of the year unless you qualify for a special enrollment period or have access to another type of minimum essential coverage.

In the meantime, if you find yourself between Obamacare plans, short term health insurance may be a temporary coverage solution.

How long can I have short term health insurance?

Short term plans last 30 days to 6 months—possibly up to 364 days, depending on the state where you live. Once your short term policy ends, you may be able to apply for another one. However, it is important to note that it will be treated as a new, separate policy and you must go through the application, approval and enrollment process again.

Call the number at the top of your screen to learn more about your short term health insurance options and the maximum short term policy length available in your state.

Why short term health insurance?

The impact going without health insurance can have on you depends on your healthcare needs and financial circumstances, as well as whether or not you qualify for an exemption from having minimum essential coverage (i.e., the individual shared responsibility provision).

While a short term health insurance plan is not the same as an Obamacare plan, is not subject to the Affordable Care Act (e.g., is not guaranteed issue, doesn’t include essential health benefits) and will not prevent you from owing a tax penalty, it can help if you need healthcare and incur unexpected medical bills.

An October 2015 Kaiser Family Foundation study found that uninsured individuals often face unaffordable medical bills when they do seek care and often face higher charges than insured people who receive care.[1] And, a Bankrate.com survey recently found that only 4 in 10 Americans could rely on their savings to cover anything beyond their usual bills.[2]

Short term health plans:

Don’t crowdfund your healthcare in 2016. Consider short term coverage until you are able to enroll in and begin an Obamacare plan.

Click here to get a short term health insurance quote from healthedeals.com, or call the number at the top of your screen to speak with a producer who can discuss the short term health insurance options available in your state.


[1] The Henry J. Kaiser Family Foundation. “Key Facts About the Uninsured Population.” Oct. 5, 2015. http://kff.org/uninsured/fact-sheet/key-facts-about-the-uninsured-population/

[2] Marksjarvis, Gail. “Most Americans Don’t Have Enough Money to Cover a $500 emergency.” Star Tribune. Jan. 25, 2016. http://www.startribune.com/most-americans-don-t-have-enough-money-to-cover-a-500-emergency/366277561/

SHORT-TERM MEDICAL EXPENSE (STM)
THIS IS A SHORT TERM HEALTH BENEFIT PLAN THAT IS NOT INTENDED TO QUALIFY AS THE MINIMUM ESSENTIAL COVERAGE REQUIRED BY THE AFFORDABLE CARE ACT (ACA). UNLESS YOU PURCHASE A PLAN THAT PROVIDES MINIMUM ESSENTIAL COVERAGE IN ACCORDANCE WITH THE ACA, YOU MAY BE SUBJECT TO A FEDERAL TAX PENALTY. ALSO, THE TERMINATION OR LOSS OF THIS POLICY DOES NOT ENTITLE YOU TO A SPECIAL ENROLLMENT PERIOD TO PURCHASE A HEALTH BENEFIT PLAN THAT QUALIFIES AS MINIMUM ESSENTIAL COVERAGE OUTSIDE OF AN OPEN ENROLLMENT PERIOD. THIS POLICY INCLUDES A PRE-EXISTING CONDITION EXCLUSION PROVISION.

About The IHC Group
The IHC Group is an organization of insurance carriers and marketing and administrative affiliates that has been providing life, health, disability, medical stop-loss and specialty insurance solutions to groups and individuals for over30 years. Members of The IHC Group include Independence Holding Company (NYSE:IHC), American IndependenceCorp. (NASDAQ: AMIC), Standard Security Life Insurance Company of New York, Madison National Life Insurance Company, Inc. and Independence American Insurance Company. Each insurance carrier in The IHC Group has a financial strength rating of A- (Excellent) from A.M. Best Company, Inc., a widely recognized rating agency that rates insurance companies on their relative financial strength and ability to meet policyholder obligations. (An A++ rating from A.M. Best is its highest rating.) Collectively, the companies in The IHC Group provide insurance coverage to more than one million individuals and groups. For more information about The IHC Group, visit www.ihcgroup.com.

About IHC Specialty Benefits, Inc.
IHC Specialty Benefits, doing business as Health eDeals Insurance Solutions is a full-service marketing and distribution company that focuses on small employer, individual and consumer products. Health eDeals markets products through general agents online, telebrokerage, advisor centers, private label and directly to consumers. For more information about Health eDeals visit www.HealtheDeals.com.

Continue Reading: I Missed Open Enrollment! Can I Still Enroll in an Obamacare Plan?


Last Call: Obamacare Open Enrollment Ends Sunday! What You Should Know

Posted Jan 30, 2016
By Jenifer Dorsey

Last Call: Obamacare Open Enrollment Ends Sunday! What You Should Know

If you haven’t purchased your 2016 Obamacare plan, now is the time. Open enrollment ends at 11:59 p.m. on Sun., Jan. 31. If you miss 2016 open enrollment, you could find yourself without health insurance for part or all of the year ahead.

Here are some answers to questions you may have about the end of Obamacare open enrollment and what going uninsured could mean for you in 2016. 

1. If I am uninsured in 2016, how will I pay for healthcare?

If you are uninsured and receive healthcare services, you will be billed for those services. This differs from when you have health insurance and your healthcare provider bills your insurance company; you are then billed for any charges that are not covered by your health insurance plan or are your responsibility.

You may consider a short term health insurance plan to help with unexpected medical expenses when you are in between Obamacare plans. While short term health insurance plans do not qualify as minimum essential coverage under the Affordable Care Act, they do offer temporary benefits—for as few as 30 days—until you secure ACA-compliant coverage. Online application and enrollment take only a few minutes at healthedeals.com, and coverage begins as soon as the next day.

Shop short term options

2. Are subsidies still available if I enroll in an Obamacare plan this weekend?

Even if you waited until the final days, Obamacare subsidies are available until open enrollment ends on Jan. 31, 2016. You can also apply for subsidies during special enrollment periods, if you qualify for one.

Subsidies include premium tax credits and cost-sharing reductions that may help lower what you pay for premium and out-of-pocket costs when you purchase coverage on a state-based or federally facilitated exchange and qualify based on income.

Estimate your subsidy

3. If I buy an Obamacare plan at the end of open enrollment, will my coverage begin Feb. 1?

Health insurance plans purchased from Jan. 15 through Jan. 31, 2016, will take effect March 1, 2016. This applies to coverage available in the private market as well as the state-based and federally facilitated exchanges.

You could find yourself uninsured in February. If so, consider a 30-day short term plan until your new Obamacare coverage takes effect on March 1.

4. What happens if I miss the last day of open enrollment?

After 2016 open enrollment ends, you may not be able to enroll in an Obamacare plan unless you experience a qualifying life event that makes you eligible for a special enrollment period.

If you do not qualify for a special enrollment period and are not exempt from having minimum essential coverage, you could owe a tax penalty known as the shared responsibility payment if you are uninsured for more than a single period of up to three months.

Estimate your 2016 tax penalty

5. Are there other ways to obtain minimum essential coverage? 

Outside of an open enrollment or special enrollment period, you may not be able to buy an Obamacare plan, but you may be able to secure other types of minimum essential coverage if you qualify. Examples of minimum essential coverage include the following[1]:

  • Medicaid
  • Group health insurance coverage for employees (e.g., job-based coverage)
  • Medicare
  • Children’s Health Insurance Program (CHIP) coverage
  • Most types of TRICARE coverage

Visit IRS.gov for additional information on what qualifies as minimum essential coverage to fulfill the individual shared responsibility provision. If you have questions about health insurance and taxes, be sure to consult a financial adviser or tax professional.

If you need help finding Obamacare or temporary health insurance, call the number at the top of your screen to speak with a health insurance producer.


[1] Internal Revenue Service. “Individual Shared Responsibility Provision – Minimum Essential Coverage.” Last reviewed or updated Jan. 14, 2016. https://www.irs.gov/Affordable-Care-Act/Individuals-and-Families/ACA-Individual-Shared-Responsibility-Provision-Minimum-Essential-Coverage

This document is for general informational purposes only. While we have attempted to provide current and accurate information, this information is provided "as is" and we makes no representations or warranties regarding its accuracy or completeness. The information provided should not be construed as legal or tax advice or as a recommendation of any kind. External users should seek professional advice from their own attorneys and tax and benefit plan advisers with respect to their individual circumstances and needs.

SHORT-TERM MEDICAL EXPENSE (STM)
THIS IS A SHORT TERM HEALTH BENEFIT PLAN THAT IS NOT INTENDED TO QUALIFY AS THE MINIMUM ESSENTIAL COVERAGE REQUIRED BY THE AFFORDABLE CARE ACT (ACA). UNLESS YOU PURCHASE A PLAN THAT PROVIDES MINIMUM ESSENTIAL COVERAGE IN ACCORDANCE WITH THE ACA, YOU MAY BE SUBJECT TO A FEDERAL TAX PENALTY. ALSO, THE TERMINATION OR LOSS OF THIS POLICY DOES NOT ENTITLE YOU TO A SPECIAL ENROLLMENT PERIOD TO PURCHASE A HEALTH BENEFIT PLAN THAT QUALIFIES AS MINIMUM ESSENTIAL COVERAGE OUTSIDE OF AN OPEN ENROLLMENT PERIOD. THIS POLICY INCLUDES A PRE-EXISTING CONDITION EXCLUSION PROVISION.

About The IHC Group
The IHC Group is an organization of insurance carriers and marketing and administrative affiliates that has been providing life, health, disability, medical stop-loss and specialty insurance solutions to groups and individuals for over30 years. Members of The IHC Group include Independence Holding Company (NYSE:IHC), American IndependenceCorp. (NASDAQ: AMIC), Standard Security Life Insurance Company of New York, Madison National Life Insurance Company, Inc. and Independence American Insurance Company. Each insurance carrier in The IHC Group has a financial strength rating of A- (Excellent) from A.M. Best Company, Inc., a widely recognized rating agency that rates insurance companies on their relative financial strength and ability to meet policyholder obligations. (An A++ rating from A.M. Best is its highest rating.) Collectively, the companies in The IHC Group provide insurance coverage to more than one million individuals and groups. For more information about The IHC Group, visit www.ihcgroup.com.

About IHC Specialty Benefits, Inc.
IHC Specialty Benefits, doing business as Health eDeals Insurance Solutions is a full-service marketing and distribution company that focuses on small employer, individual and consumer products. Health eDeals markets products through general agents online, telebrokerage, advisor centers, private label and directly to consumers. For more information about Health eDeals visit www.HealtheDeals.com.

Continue Reading: Last Call: Obamacare Open Enrollment Ends Sunday! What You Should Know


Do I Need Dental Insurance If I Have an Obamacare Plan?

Posted Jan 29, 2016
By Jenifer Dorsey

Do I Need Dental Insurance If I Have an Obamacare Plan?

The Affordable Care Act includes pediatric dental coverage among its 10 essential health benefits—a set of healthcare services categories that must be included in all Obamacare health insurance plans. As such, parents with children 18 years of age and younger may:

  • Purchase dental coverage as part of their child’s Obamacare plan if their medical carrier offers it
  • Or, obtain it through a qualified standalone dental plan.

So, the answer is pretty clear if you have a child under 19. But what about adults? Do they need dental coverage in addition to an Obamacare plan.

Adult dental coverage is not among the ACA’s essential health benefits. And while the healthcare reform law neither requires health insurers to provide adult dental benefits nor does it require adults to buy them, a dental plan can be a smart addition to your Obamacare coverage.

Why should I buy a dental plan?

For many people, Regardless of your age, preventive dental exams and cleanings are an important part of maintaining healthy teeth and gums.[1],[2] And, if you have dental benefits, studies show you are more likely to visit the dentist for these services and other dental care.[3]

While the average per-patient dental expense remained relatively stable from 2008 to 2011, the cost of dental care can have a significant impact on your budget. For seniors, the average expenses were $767 per year, and for people under the age of 65, including children, the average expense was almost $650.[4] 

Dental plans can help reduce the financial strain of dental expenses through benefits that reduce the cost of many services, from preventive to major care.

What are the different types of dental plans?

Individual dental plans fall into two categories: discount plans or insured plans.

1. Dental discount plans

Discount plans are not actually insurance plans. They provide discounts off the retail charge rate at participating dentists.

While discount plans are often less expensive than dental insurance, you will be responsible for paying the dentist the discounted bill out of your own pocket, with no assistance from an insurance company. Discount plans generally run between $9.95 per month and $15.95 per month for single coverage, with most requiring a full-year, up-front payment. 

2. Dental insurance plans

Most insured dental plans offer coverage for preventive care, often with no out-of-pocket cost to the patient, and may offer coverage for fillings, crowns, root canals and other dental services.

The cost of an insured plan may vary depending on the home ZIP code of the insured person and the level of benefits covered. While insured dental plans are often more expensive than discount plans, they can cost as little as $18 to $20 per month for a single plan depending on the benefit level selected.  

Can I buy dental insurance from an Obamacare exchange?

Most people get dental coverage through an employer. If you do not have that option, you can purchase an individual dental plan on your own one of the following ways:

  • Through an Obamacare exchange – Some insurance companies sell stand-alone dental plans through the ACA’s state-based and federally facilitated exchanges, but this is not necessarily the case in every region. Your selection may be limited. Also note that it few major medical health insurance
  • In the private market – You can also buy an individual dental insurance plan through a health insurance producer (i.e., agent, broker, adviser) or a private-market health insurance exchange such as www.healthedeals.com and www.dentalinsurance.org.

When shopping for dental benefits, compare your plan options and look plans that come with additional discounts and benefits you may find useful.

Explore dental plan options

If you have dental insurance questions or need help selecting a dental plan, call the number at the top of your screen to speak with a producer today.

This post was originally published on Oct. 8, 2015. It was last updated on Jan 29, 2016.


[1] American Dental Association. “Decay.” http://www.mouthhealthy.org/en/az-topics/d/decay

[2] American Dental Association. “Gum Disease.” http://www.mouthhealthy.org/en/az-topics/g/gum-disease  

[3] Bloom, Barbara, et al. “Dental Insurance for Persons Under Age 65 Years with Private Health Insurance: United States, 2008.” NCHS Data Brief. No. 40. June 2010. http://www.cdc.gov/nchs/data/databriefs/db40.pdf

[4] Agency for Healthcare Research and Quality. Dental Services-Mean and Median Expenses per Person with Expense and Distribution of Expenses by Source of Payment: United States, 2012. Medical Expenditure Panel Survey Household Component Data. Generated interactively. Accessed on Oct. 01, 2015.  

DENTAL
THIS PLAN DOES NOT MEET MINIMAL ESSENTIAL COVERAGE REQUIREMENTS FOR PEDIATRIC DENTAL SERVICES AS PART OF THE ESSENTIAL HEALTH BENEFITS IN ACCORDANCE WITH THE AFFORDABLE CARE ACT (ACA) PROVISIONS. 

About The IHC Group
The IHC Group is an organization of insurance carriers and marketing and administrative affiliates that has been providing life, health, disability, medical stop-loss and specialty insurance solutions to groups and individuals for over30 years. Members of The IHC Group include Independence Holding Company (NYSE:IHC), American IndependenceCorp. (NASDAQ: AMIC), Standard Security Life Insurance Company of New York, Madison National Life Insurance Company, Inc. and Independence American Insurance Company. Each insurance carrier in The IHC Group has a financial strength rating of A- (Excellent) from A.M. Best Company, Inc., a widely recognized rating agency that rates insurance companies on their relative financial strength and ability to meet policyholder obligations. (An A++ rating from A.M. Best is its highest rating.) Collectively, the companies in The IHC Group provide insurance coverage to more than one million individuals and groups. For more information about The IHC Group, visit www.ihcgroup.com.

About IHC Specialty Benefits, Inc.
IHC Specialty Benefits, doing business as Health eDeals Insurance Solutions is a full-service marketing and distribution company that focuses on small employer, individual and consumer products. Health eDeals markets products through general agents online, telebrokerage, advisor centers, private label and directly to consumers. For more information about Health eDeals visit www.HealtheDeals.com.

Continue Reading: Do I Need Dental Insurance If I Have an Obamacare Plan?


What Happens if I Don’t Have Health Insurance in 2016?

Posted Jan 25, 2016
By Jenifer Dorsey

What Happens if I Don’t Have Health Insurance in 2016?

While the Affordable Care Act aims to decrease the number of uninsured Americans, there are many who remain without coverage for one reason or another.

Kaiser Family Foundation research found that[1]:

  • 48 percent of adults uninsured in 2014 said the main reason they lacked coverage was due to cost
  • 12 percent cited work-related reasons
  • 13 percent were told they were ineligible or could not get coverage due to their immigration status
  • Few uninsured adults were uninsured because they said they didn’t need coverage, opposed the ACA or preferred to pay the penalty

If you are among these individuals, what impact could having no health insurance have on you?

The consequences of going uninsured widely vary based your health and finances, amongst other things. In terms of the Affordable Care Act and its individual shared responsibility provision, going without an Obamacare plan can also have tax implications.

What are those tax implications?

It depends on your situation.

Do you qualify for an ACA exemption?

  • Yes or maybe

While the Affordable Care Act’s individual shared responsibility requires most Americans to have health insurance, there are certain situations in which exemptions are granted. Those who qualify for exemptions will not owe the shared responsibility payment for going without minimum essential coverage. 

Some examples if exemption-eligible circumstances include[2]:

- Having a gross or household income below the minimum threshold for filing a tax return

- Experiencing general hardship due to circumstances such as homelessness, foreclosure, death of a close family member, unpaid medical bills and more

- Being a resident of a state that did not expand Medicaid

Some Obamacare exemptions must be claimed or reported when you file your taxes. Others are automatic. More information is available at IRS.gov. If you believe you might qualify for an exemption, speak with your health insurance producer and/or a financial adviser.

  • No

You are allowed a single period of up to three months without ACA-compliant health insurance coverage. If you do not qualify for an exemption and have no health insurance beyond this, you could owe the shared responsibility payment.

This fee is paid when you file your federal taxes for the year in which you were not compliant with the healthcare reform law. If you went without minimum essential coverage for all or part of 2016, you would pay the Obamacare tax penalty when filing taxes for 2016.

What is the penalty for no health insurance in 2016?

The tax penalty for going without health insurance increased in 2016. It is now the greater of these amounts[3]:

  • 2.5 percent of your income above the filing threshold, capped at the national average premium for a bronze plan available through the Marketplace
  • $695 per adult and $347.50 per child to a maximum family penalty of $2,085

The penalty will continue to adjust annually based on inflation and the flat dollar amounts for 2016.

Calculate your 2016 tax penalty

No health insurance? You could benefit from short term benefits

Whether or not you are exempt from the shared responsibility provision, you might consider some other type of coverage beyond major medical insurance (i.e., an Obamacare plan) to help pay for healthcare expenses.

Short term health insurance provides temporary coverage when you are in between Obamacare plans. While these plans are not ACA-compliant and do not qualify as minimum essential coverage, they do provide a range of benefits for unexpected medical care and often have premiums that are a fraction of major medical insurance premiums.

Short term health plans last as few as 30 days and up to 364, depending on how long you think you will need temporary coverage and the laws in your state. You can apply and enroll online through websites such as healthedeals.com, and you can begin your coverage as soon as the next day.

Think short term. Get a quote. 

You may still have time to enroll in an Obamacare plan

2016 open enrollment for individual and family major medical insurance (i.e., Obamacare plans) ends on Jan. 31. After that date, you must qualify for a special enrollment period to obtain an Obamacare plan; qualify for Medicaid, in which you can enroll year-round; obtain job-based benefits; or qualify for other programs available year-round to obtain minimum essential coverage.

If you are reading this before (or on) Jan. 31, 2016, you can still enroll in an Obamacare plan through a state-based or federally facilitated health insurance exchange or in the private market. If you buy from a state-based or federally facilitated exchange, you may qualify for an income-based premium tax credit or cost-sharing reductions that can lessen your monthly premium and out-of-pocket costs, respectively.

Calculate your subsidy

If you have questions about temporary health benefits or Obamacare plans, call the number at the top of your screen to speak with a producer.


[1] The Henry J. Kaiser Family Foundation. “Key Facts About the Uninsured Population.” Oct. 5, 2015. http://kff.org/uninsured/fact-sheet/key-facts-about-the-uninsured-population/

[2] IRS.gov. “Individual Shared Responsibility Provision – Exemptions: Claiming or Reporting.” Last revised or updated Jan. 14, 2016. https://www.irs.gov/Affordable-Care-Act/Individuals-and-Families/ACA-Individual-Shared-Responsibility-Provision-Exemptions

[3] IRS.gov. “Individual Shared Responsibility Provision – Reporting and Calculating the Payment.” Last reviewed or updated Jan. 13, 2016. https://www.irs.gov/Affordable-Care-Act/Individuals-and-Families/ACA-Individual-Shared-Responsibility-Provision-Calculating-the-Payment

This document is for general informational purposes only. While we have attempted to provide current and accurate information, this information is provided "as is" and we makes no representations or warranties regarding its accuracy or completeness. The information provided should not be construed as legal or tax advice or as a recommendation of any kind. External users should seek professional advice from their own attorneys and tax and benefit plan advisers with respect to their individual circumstances and needs.

SHORT-TERM MEDICAL EXPENSE (STM)
THIS IS A SHORT TERM HEALTH BENEFIT PLAN THAT IS NOT INTENDED TO QUALIFY AS THE MINIMUM ESSENTIAL COVERAGE REQUIRED BY THE AFFORDABLE CARE ACT (ACA). UNLESS YOU PURCHASE A PLAN THAT PROVIDES MINIMUM ESSENTIAL COVERAGE IN ACCORDANCE WITH THE ACA, YOU MAY BE SUBJECT TO A FEDERAL TAX PENALTY. ALSO, THE TERMINATION OR LOSS OF THIS POLICY DOES NOT ENTITLE YOU TO A SPECIAL ENROLLMENT PERIOD TO PURCHASE A HEALTH BENEFIT PLAN THAT QUALIFIES AS MINIMUM ESSENTIAL COVERAGE OUTSIDE OF AN OPEN ENROLLMENT PERIOD. THIS POLICY INCLUDES A PRE-EXISTING CONDITION EXCLUSION PROVISION.

About The IHC Group
The IHC Group is an organization of insurance carriers and marketing and administrative affiliates that has been providing life, health, disability, medical stop-loss and specialty insurance solutions to groups and individuals for over30 years. Members of The IHC Group include Independence Holding Company (NYSE:IHC), American IndependenceCorp. (NASDAQ: AMIC), Standard Security Life Insurance Company of New York, Madison National Life Insurance Company, Inc. and Independence American Insurance Company. Each insurance carrier in The IHC Group has a financial strength rating of A- (Excellent) from A.M. Best Company, Inc., a widely recognized rating agency that rates insurance companies on their relative financial strength and ability to meet policyholder obligations. (An A++ rating from A.M. Best is its highest rating.) Collectively, the companies in The IHC Group provide insurance coverage to more than one million individuals and groups. For more information about The IHC Group, visit www.ihcgroup.com.

About IHC Specialty Benefits, Inc.
IHC Specialty Benefits, doing business as Health eDeals Insurance Solutions is a full-service marketing and distribution company that focuses on small employer, individual and consumer products. Health eDeals markets products through general agents online, telebrokerage, advisor centers, private label and directly to consumers. For more information about Health eDeals visit www.HealtheDeals.com.

Continue Reading: What Happens if I Don’t Have Health Insurance in 2016?


What are the Obamacare Income Limits for 2016 Health Insurance Subsidies?

Posted Jan 22, 2016
By Jenifer Dorsey

What are the Obamacare Income Limits for 2016 Health Insurance Subsidies?

Could you reduce your monthly health insurance premium or what you pay out of pocket for healthcare expenses covered by your Obamacare plan? Perhaps.

The Affordable Care Act’s premium tax credits and cost-sharing reductions can help many Americans lower their health insurance premiums and out-of-pocket costs. However, to take advantage of these subsidies, you must both:

  1. Buy your health insurance plan from a state-based or federally facilitated exchange.
  1. Meet household income guidelines related to the subsidy, or subsidies, for which you apply.

NOTE: Premium tax credits may be applied to plans of all metal levels; however, cost-sharing reductions are only available with a silver plan

Obamacare subsidy income limits

Premium tax credits and cost-sharing reductions have different income limits based on the federal poverty level (i.e., poverty guidelines). They are as follows:

  • Premium tax credits: 100 – 400 percent of the federal poverty level
  • Cost-sharing reductions: 100 – 200 percent of the federal poverty level

Your health insurance subsidy for the current year is based on the previous year’s federal poverty guidelines. That means 2016 subsidies are based on the 2015 federal poverty guidelines, which are available through the Department of Health & Human Services.

The 2015 poverty guidelines show that $11,700 is the poverty level for a one-person household. Based on these numbers alone, 100 to 400 percent of the federal poverty level for a single person would be $11,700 to $46,800. However, this person may or may not be eligible for a premium tax credit.

Please be aware that your subsidy eligibility may be impacted by the state you live in due to Medicaid expansion decisions and other savings programs available there.[1] Furthermore, state benchmark plans (i.e., the second lowest cost silver plan) can also impact subsidy amounts and eligibility.[2] You can estimate your premium tax credit using online calculator tools such as the one available through healthedeals.com.

Estimate your Obamacare subsidy

To verify your final eligibility, apply for health insurance coverage and subsidies through your state-based or federally facilitated Obamacare exchange—either on your own or with the help of a producer. If you have questions about the subsidies available to you or need assistance shopping for health insurance, contact a producer using the number located at the top of your screen.


[1] HealthCare.gov. “Will You Save on Health Coverage? Do a Quick Check.” https://www.healthcare.gov/lower-costs/qualifying-for-lower-costs/

[2] HealthCare.gov. “Second Lowest Cost Silver Plan.” https://www.healthcare.gov/glossary/second-lowest-cost-silver-plan-slcsp/

This document is for general informational purposes only. While we have attempted to provide current and accurate information, this information is provided "as is" and we makes no representations or warranties regarding its accuracy or completeness. The information provided should not be construed as legal or tax advice or as a recommendation of any kind. External users should seek professional advice from their own attorneys and tax and benefit plan advisers with respect to their individual circumstances and needs.

About The IHC Group
The IHC Group is an organization of insurance carriers and marketing and administrative affiliates that has been providing life, health, disability, medical stop-loss and specialty insurance solutions to groups and individuals for over30 years. Members of The IHC Group include Independence Holding Company (NYSE:IHC), American IndependenceCorp. (NASDAQ: AMIC), Standard Security Life Insurance Company of New York, Madison National Life Insurance Company, Inc. and Independence American Insurance Company. Each insurance carrier in The IHC Group has a financial strength rating of A- (Excellent) from A.M. Best Company, Inc., a widely recognized rating agency that rates insurance companies on their relative financial strength and ability to meet policyholder obligations. (An A++ rating from A.M. Best is its highest rating.) Collectively, the companies in The IHC Group provide insurance coverage to more than one million individuals and groups. For more information about The IHC Group, visit www.ihcgroup.com.

About IHC Specialty Benefits, Inc.
IHC Specialty Benefits, doing business as Health eDeals Insurance Solutions is a full-service marketing and distribution company that focuses on small employer, individual and consumer products. Health eDeals markets products through general agents online, telebrokerage, advisor centers, private label and directly to consumers. For more information about Health eDeals visit www.HealtheDeals.com.

Continue Reading: What are the Obamacare Income Limits for 2016 Health Insurance Subsidies?


Oops! I Missed the Jan. 15 Obamacare Deadline. What Now?

Posted Jan 18, 2016
By Jenifer Dorsey

Oops! I Missed the Jan. 15 Obamacare Deadline. What Now?

 

Continue Reading: Oops! I Missed the Jan. 15 Obamacare Deadline. What Now?


I Can’t Afford My Obamacare Deductible. Now What?

Posted Jan 15, 2016
By Jenifer Dorsey

I Can’t Afford My Obamacare Deductible. Now What?

$5,731. That’s the average bronze plan deductible for individuals who purchase an Obamacare health insurance plan from HealthCare.gov, according to HealthPocket.com.[1] And a New York Times review found that more than half of plans for sale through HealthCare.gov have a deductible of $3,000 or more.[2]

As The New York Times points out, the Obama administration has touted low health insurance premiums available through the Affordable Care Act’s marketplaces (i.e., state-based and federally facilitated exchanges); however, many consumers are experiencing sticker shock when they get sick and need to use their coverage.

If you find yourself in a position where you can’t afford your Obamacare deductible, you have some options that may be able to help.

Cost-sharing reductions may lower what you pay

First, you may want to revisit your coverage before 2016 open enrollment ends on Jan. 31, 2016—you may still have time to switch plans. Did you purchase your Obamacare plan through a state-based or federally facilitated exchange? Did you apply for income-based financial assistance?

In addition to premium tax credits that can reduce what you pay for coverage each month, you may qualify for cost-sharing reductions that help lessen your healthcare costs beyond premium, including your deductible, coinsurance, copayment and out-of-pocket limit. 

Only silver plans purchased through a state-based or federally facilitated exchange are eligible for cost-sharing reductions. You must also earn between 100 and 250 percent of the federal poverty level.

Might I qualify for a subsidy? 

Accessorize your health plan with supplemental health products

It may seem counterintuitive to spend more money, but you might also consider supplemental products that can help with your out-of-pocket healthcare expenses. You can purchase supplemental coverage whether or not you qualify for cost-sharing reductions, and whether you buy your health insurance plan from an Obamacare marketplace or the private market.

Two supplemental benefits options available to individuals and families through healthedeals.com include:

1. Metal Gap and Metal Gap 2 – These products are considered medical gap insurance. Metal Gap plans cost about $1 per day, and the cost of Metal Gap 2 plans varies. In return, they pay a lump sum  benefit when a covered accident or illness occurs—the amount depends on the coverage you select. How you use the payment is up to you.

You can use the benefit toward your deductible, non-covered medical bills, household expenses, childcare and more. Plan availability depends on what state you live in. Click here for an example of how Metal Gap and Metal Gap 2 work.

What's Metal Gap?                        What's Metal Gap 2?

2. The Telemedicine package with a patient advocacy benefit –Telemedicine is not insurance, but it is a supplemental product that can help reduce the cost of care when you see a doctor and can also save you a trip to the clinic. With the Telemedicine package available from healthedeals.com, you can receive over-the-phone healthcare consultations for minor ailments, such as a cold, sinus infection, allergies, and pink eye, to name a few—anytime of day, any day of the year, anywhere you are with a phone signal.

 

The Telemedicine package does not require you to use a network, and you pay $15 per consultation. In addition, you receive access to a patient advocacy benefit that can help you should you find yourself with large out-of-pocket expenses due to a high-deductible health plan, out-of-network charges or expensive prescription drugs.

Try Telemedicine

Be sure to consult a health insurance professional who can assist you in selecting ACA-compliant health insurance as well as determine which supplemental benefits might be helpful to you and your family. Call the number at the top of your screen to speak with a health insurance producer (i.e., agent or broker) today.


[1] HealthPocket.com “Bronze Plan – Affordable Care Act (Obamacare).” Jan. 4, 2016. https://www.healthpocket.com/individual-health-insurance/bronze-health-plans

[2] Pear, Robert. “Many Say High Deductibles Make health Insurance Law All but Useless.” The New York Times. Nov. 14, 2015. http://www.nytimes.com/2015/11/15/us/politics/many-say-high-deductibles-make-their-health-law-insurance-all-but-useless.html?_r=0

METAL GAP and METAL GAP 2
THIS PLAN IS NOT CONSIDERED TO BE MINIMAL ESSENTIAL COVERAGE AS DEFINED BY THE PATIENT PROTECTION AND AFFORDABLE CARE ACT (ACA). ENROLLING IN AND MAINTAINING THIS PLAN WILL NOT EXEMPT YOU FROM THE SHARED RESPONSIBILITY PAYMENT (TAX) THAT MAY APPLY IF YOU DO NOT HAVE PLAN WITH ACA-COMPLIANT COVERAGE.

Telemedicine
The Telemedicine plan is NOT insurance. The plan is not insurance coverage and does not meet the minimum creditable coverage requirements under the Affordable Care Act.

© 2015 Teladoc, Inc. All rights reserved. Teladoc and the Teladoc logo are trademarks of Teladoc, Inc. and may not be used without written permission. Teladoc does not replace the primary care physician. Teladoc does not guarantee that a prescription will be written. Teladoc operates subject to state regulation and may not be available in certain states. Teladoc does not prescribe DEA controlled substances, non-therapeutic drugs and certain other drugs which may be harmful because of their potential for abuse. Teladoc physicians reserve the right to deny care for potential misuse of services. Teladoc phone consultations are available 24 hours, 7 days a week while video consultations are available during the hours of 7a.m. to 9p.m., 7 days a week.

About The IHC Group
The IHC Group is an organization of insurance carriers and marketing and administrative affiliates that has been providing life, health, disability, medical stop-loss and specialty insurance solutions to groups and individuals for over30 years. Members of The IHC Group include Independence Holding Company (NYSE:IHC), American IndependenceCorp. (NASDAQ: AMIC), Standard Security Life Insurance Company of New York, Madison National Life Insurance Company, Inc. and Independence American Insurance Company. Each insurance carrier in The IHC Group has a financial strength rating of A- (Excellent) from A.M. Best Company, Inc., a widely recognized rating agency that rates insurance companies on their relative financial strength and ability to meet policyholder obligations. (An A++ rating from A.M. Best is its highest rating.) Collectively, the companies in The IHC Group provide insurance coverage to more than one million individuals and groups. For more information about The IHC Group, visit www.ihcgroup.com.

About IHC Specialty Benefits, Inc.
IHC Specialty Benefits, doing business as Health eDeals Insurance Solutions is a full-service marketing and distribution company that focuses on small employer, individual and consumer products. Health eDeals markets products through general agents online, telebrokerage, advisor centers, private label and directly to consumers. For more information about Health eDeals visit www.HealtheDeals.com.

Continue Reading: I Can’t Afford My Obamacare Deductible. Now What?


Your Next 2016 Obamacare Deadline: Enroll by 11:59 p.m. on January 15

Posted Jan 13, 2016
By Jenifer Dorsey

Your Next 2016 Obamacare Deadline: Enroll by 11:59 p.m. on January 15

What happened if you missed the first 2016 open enrollment deadline? You may have found yourself without health insurance on New Year’s Day.

Fortunately, you still have time to buy an Obamacare health insurance plan for the rest of 2016. There are two open enrollment deadlines remaining, and the next one is coming up soon:

To begin coverage on Feb. 1, 2016, you must purchase your health insurance plan by 11:59 p.m. on Jan. 15.

Remaining 2016 open enrollment deadlines

The chart below reflects the final 2016 open enrollment deadlines and their corresponding plan effective dates:

When you enroll on or before this date:

Your coverage takes effect on this date:

January 15, 2016

February 1, 2016

January 31, 2016

March 1, 2016

These deadlines apply to individual and family major medical insurance plans sold through the ACA’s state-based and federally facilitated health insurance exchanges as well as in the private market.

Can I get health insurance if I miss an Obamacare deadline?

As the chart shows, if you miss the Jan. 15 deadline, you will have through Jan. 31, 2016 to buy an Obamacare plan. After that date, you will have to experience a qualifying life event that makes you eligible for a special enrollment period outside of open enrollment.

If you don’t qualify for a special enrollment period, you could find yourself uninsured until 2017 and you might also owe a tax penalty unless you are exempt from having minimum essential coverage.

Estimate your 2016 tax penalty

Note that Medicaid enrollment lasts year-round, which means you can apply at any time and get coverage if you qualify. For more information on Medicaid in your state, visit Medicaid.gov.

Temporary health insurance options

If you do end up with a gap between health insurance plans, you may want to consider a short term health insurance plan

Short term health insurance plans do not qualify as minimum essential coverage under the Affordable Care Act; however, they offer temporary benefits that can help you pay for unexpected medical expenses until your ACA-compliant coverage takes effect.

Short term plans last as few as 30 days, and you can select from several deductible and copayment amounts to customize your coverage. Application and enrollment take only a few minutes at healthedeals.com, and coverage begins as early as the next day.

Find short term coverage

Obamacare health insurance options

You can find ACA-qualified health insurance plans on and away from the state-based and federally facilitated exchanges. However, you only qualify for income-based subsidies that may help lower what you pay for premium and out-of-pocket costs when you purchase coverage on a state-based or federally facilitated exchange.

Estimate your 2016 subsidy

If you need help finding Obamacare or temporary health insurance, be sure to consult with a producer (i.e., agent or broker) or call 888-839-7679 to speak with an IHC representative.


SHORT-TERM MEDICAL EXPENSE (STM)
THIS IS A SHORT TERM HEALTH BENEFIT PLAN THAT IS NOT INTENDED TO QUALIFY AS THE MINIMUM ESSENTIAL COVERAGE REQUIRED BY THE AFFORDABLE CARE ACT (ACA). UNLESS YOU PURCHASE A PLAN THAT PROVIDES MINIMUM ESSENTIAL COVERAGE IN ACCORDANCE WITH THE ACA, YOU MAY BE SUBJECT TO A FEDERAL TAX PENALTY. ALSO, THE TERMINATION OR LOSS OF THIS POLICY DOES NOT ENTITLE YOU TO A SPECIAL ENROLLMENT PERIOD TO PURCHASE A HEALTH BENEFIT PLAN THAT QUALIFIES AS MINIMUM ESSENTIAL COVERAGE OUTSIDE OF AN OPEN ENROLLMENT PERIOD. THIS POLICY INCLUDES A PRE-EXISTING CONDITION EXCLUSION PROVISION.

About The IHC Group
The IHC Group is an organization of insurance carriers and marketing and administrative affiliates that has been providing life, health, disability, medical stop-loss and specialty insurance solutions to groups and individuals for over30 years. Members of The IHC Group include Independence Holding Company (NYSE:IHC), American IndependenceCorp. (NASDAQ: AMIC), Standard Security Life Insurance Company of New York, Madison National Life Insurance Company, Inc. and Independence American Insurance Company. Each insurance carrier in The IHC Group has a financial strength rating of A- (Excellent) from A.M. Best Company, Inc., a widely recognized rating agency that rates insurance companies on their relative financial strength and ability to meet policyholder obligations. (An A++ rating from A.M. Best is its highest rating.) Collectively, the companies in The IHC Group provide insurance coverage to more than one million individuals and groups. For more information about The IHC Group, visit www.ihcgroup.com.

About IHC Specialty Benefits, Inc.
IHC Specialty Benefits, doing business as Health eDeals Insurance Solutions is a full-service marketing and distribution company that focuses on small employer, individual and consumer products. Health eDeals markets products through general agents online, telebrokerage, advisor centers, private label and directly to consumers. For more information about Health eDeals visit www.HealtheDeals.com.

Continue Reading: Your Next 2016 Obamacare Deadline: Enroll by 11:59 p.m. on January 15


Can I Change My Health Insurance Plan After I Enroll?

Posted Jan 11, 2016
By Jenifer Dorsey

Can I Change My Health Insurance Plan After I Enroll?

We are nearing the end of 2016 Obamacare open enrollment. By now, it’s likely you’ve made a decision about your health insurance coverage for this new year.

Maybe you kept the same plan you had in 2015. Maybe you switched to a different one. Maybe you are having second thoughts about your selection now that we are on the other side of the holiday season.

The good news is you’re not stuck with the coverage you have right now. You still have time to change health insurance plans for 2016. If you think you might, here are three important things to keep in mind:

  1. You can change health insurance plans during 2016 open enrollment. You can still pick a different Obamacare plan after you have enrolled in or automatically renewed one, even if your coverage started on Jan. 1, 2016.
  1. You must make the switch by the time open enrollment ends on Jan. 31, 2016. After this date, you will need to qualify for a special enrollment period in order to change your Obamacare health insurance plan before 2017 open enrollment.
  1. If you enroll in a different plan by Jan. 15, 2016, your new coverage will become effective Feb. 1, 2016. If you enroll after Jan. 15, your new coverage will not be effective until March 1, 2016.
How to change Obamacare plans during 2016 open enrollment

If you want to switch your health insurance coverage before 2016 open enrollment ends, you will need to take some steps to do it properly.

If you enrolled in coverage through a state-based or federally facilitated health insurance exchange, you will need to[1]:

  1. Log in to your health insurance exchange account.
  2. Update your application, if necessary.
  3. Select a different plan.
  4. Complete your new enrollment.

Your old health insurance plan should be automatically cancelled, but it never hurts to call your health insurance company to confirm.

If you enrolled in coverage outside of a state-based or federally facilitated exchange and want to switch, you will need to:

  1. Enroll in a new health insurance plan through a website such as healthedeals.com, directly from a carrier (i.e., health insurance company), or through a producer (i.e., agent or broker)
  2. Call your old health insurance company to cancel your existing plan

If you have questions about changing Obamacare plans during open enrollment, need assistance with the process or want to explore additional options, contact an exchange-based helper or a health insurance producer who can provide guidance.

Explore off-exchange Obamacare options

Call 888-839-7679 to speak with an IHC representative who can assist you.



[1] HealthCare.gov. “Changing Health Plans After You Enroll.” https://www.healthcare.gov/apply-and-enroll/change-after-enrolling/

This document is for general informational purposes only. While we have attempted to provide current and accurate information, this information is provided "as is" and we makes no representations or warranties regarding its accuracy or completeness. The information provided should not be construed as legal or tax advice or as a recommendation of any kind. External users should seek professional advice from their own attorneys and tax and benefit plan advisers with respect to their individual circumstances and needs.

About The IHC Group
The IHC Group is an organization of insurance carriers and marketing and administrative affiliates that has been providing life, health, disability, medical stop-loss and specialty insurance solutions to groups and individuals for over30 years. Members of The IHC Group include Independence Holding Company (NYSE:IHC), American IndependenceCorp. (NASDAQ: AMIC), Standard Security Life Insurance Company of New York, Madison National Life Insurance Company, Inc. and Independence American Insurance Company. Each insurance carrier in The IHC Group has a financial strength rating of A- (Excellent) from A.M. Best Company, Inc., a widely recognized rating agency that rates insurance companies on their relative financial strength and ability to meet policyholder obligations. (An A++ rating from A.M. Best is its highest rating.) Collectively, the companies in The IHC Group provide insurance coverage to more than one million individuals and groups. For more information about The IHC Group, visit www.ihcgroup.com.

About IHC Specialty Benefits, Inc.
IHC Specialty Benefits, doing business as Health eDeals Insurance Solutions is a full-service marketing and distribution company that focuses on small employer, individual and consumer products. Health eDeals markets products through general agents online, telebrokerage, advisor centers, private label and directly to consumers. For more information about Health eDeals visit www.HealtheDeals.com.

Continue Reading: Can I Change My Health Insurance Plan After I Enroll?