Want to get affordable healthcare coverage now? You might be surprised to learn that with the right help, securing health insurance can be a quick and simple process. The Patient Protection and Affordable Care Act (ACA) makes health insurance more accessible to Americans than ever before. Here’s what you need to know to ensure that you get the best level of protection at a price you can afford.
Be Aware of Your Rights
Under the Affordable Care Act, persons purchasing health insurance are entitled to a summary of benefits, as well as a glossary of medical terms. This is to be provided by the insurance company and contains items for review like deductibles, annual limits, out-of-pocket limits, if a referral is needed for a specialist, and services the plan doesn’t cover. Having an itemized description of this can make you more informed about what you are getting and allows for an easier comparison of benefit plans.
Be aware that when shopping for affordable health care, all health insurance plans are now required to cover the 10 essential benefits. This includes things like outpatient and emergency services, maternity and newborn care, preventive and wellness services, hospitalization, and prescription drugs. The inclusion of these benefits without annual dollar caps means patients will enjoy more health benefits with less financial burden.
Insurance companies can no longer discriminate based on gender or pre-existing conditions. This change in law means you can’t be denied coverage, treatment, or charged more based on gender or health status.
Take Advantage of Federal Subsidies
You don’t just have more access to affordable healthcare coverage now because of improvements in benefits and transparency. There are cost savings too. To help lower- and middle-income families pay for health insurance, the ACA allows premium tax credits that lower the amount a family would spend on premiums. This type of subsidy is based on a percentage of household income. There is also a cost-sharing reduction subsidy that lowers the amount you pay out-of-pocket for healthcare services.
The Proof Is in the Pudding
The best example we have of how the Patient Protection and Affordable Care Act is helping make affordable healthcare coverage now more accessible is in recent statistics. The number of uninsured hit a five-year low by the first quarter of 2014. The number of uninsured continues to drop by estimates somewhere around 16 million.
Healthmarkets wants to help you find affordable healthcare coverage now! We have helped Americans enroll in more than 4 million insurance policies and have an A+ rating with the Better Business Bureau. We can help you understand benefits, check to see if you qualify for subsidies, and guide you through all the policies and improvements set by the Patient Protection and Affordable Care Act. The best part is that our service is 100% free and comes backed with our Best Price Guarantee*. Call HealthMarkets today at (855) 839-8126! We are here to help you find the best level of protection at a price you can afford.