There are many factors that determine your family health insurance quote, including your medical history, tobacco use, and profession. At HealthMarkets Insurance Agency, we’re available to help you find and compare affordable health insurance quotes for your family’s health needs and budget.
HealthMarkets Leads the Health Industry
HealthMarkets has sold more than 2 million health insurance policies to individuals and families looking for coverage. We work with a network of more than 180 insurance providers nationwide to help you find the right insurance plan for your unique needs.
Our licensed representatives are available at your convenience to learn about your family’s personal health and financial requirements. We’ll consider all the factors that go into determining your health insurance premiums and help find ways to make health care more affordable to you.
Factors That Affect Your Health Insurance Quotes
When health providers calculate insurance quotes, there are several matters that contribute to the rate they give you. There are two types of risk factors that are calculated:
Physical and Medical Risk Factors
- Body Mass Index (BMI)
- Tobacco use
- Family medical history
Lifestyle and Personal Risk Factors
- Marital status
While some of these factors are beyond your control, it’s important to address the ones you can (e.g. BMI, tobacco use). Not only do they lower how much you pay for your family’s health insurance, but they also lead to a longer, healthier life to enjoy with your loved ones.
Federal Subsidies Help Reduce How Much You Pay
In order to help families making a low or modest annual income, the Affordable Care Act (also known as the ACA or Obamacare) provides federal subsidies to help reduce the cost of health insurance. There are two subsidy programs your family may be eligible for:
Premium Tax Credit
This tax credit helps reduce the cost of monthly premiums in the form of direct payment to your insurance provider, or as a tax credit when you file for a return. Eligibility for this credit includes having an income of 100%-400% of the Federal Poverty Line and being ineligible for coverage through an employer or government plan.
This reduction helps lower the amount you have to pay out of pocket when you receive medical care. Eligibility to receive this assistance includes having an income of 100%-250% of the Federal Poverty Line and enrolling a Silver-tiered plan.
HealthMarkets is knowledged in ways to find affordable family health insurance quotes that work within your budget. Contact us today to see how we can help you save on your health insurance plan.