Health Insurance For the Unemployed


Finding health insurance for unemployed individuals can help alleviate the stress of the unknown. Whether you're between jobs or temporarily off your feet, it's important to maintain health coverage to help cut the cost of health care or in the case of an emergency.

No matter your situation, HealthMarkets Insurance Agency can find the right plan for you. We work within budgets and health requirements to find the health plan you can count on. Since 2010, we've sold more than 2 million health insurance plans, and we're confident we can help you, too. 

Unemployed? You've Got Healthcare Options

Regardless of whether you've lost your employer-based health insurance or you had to cancel your health coverage because you could no longer afford your old plan, you've got options.

health insurance for unemployed qualifying life event

Special Enrollment Period

As a qualifying life event, becoming unemployed for any reason makes you eligible for the Special Enrollment Period.

For a 60-day period after the day of your unemployment, you are eligible to sign up for a healthcare plan, even if it occurs outside the Open Enrollment period. 

In addition to becoming unemployed, there are several other qualifying life events that can make you eligible for the Special Enrollment period, including:

  1. Job loss
  2. Marriage
  3. Divorce
  4. Adopting/Having a baby
  5. Moving to a new area
  6. Loss of coverage
  7. Becoming a U.S. citizen

If you or someone you know has experienced one of these events, you can find a new health insurance plan through HealthMarkets. We work with over 180 insurance providers nationwide to provide as many options as you need to find the right plan for you.

If you're unsure of whether or not you have had a qualifying life event, be sure to contact one of our knowledgeable agents.

Lower Your New Healthcare Costs with a Subsidy

Once you're able to enroll in a new health plan after unemployment, it's important to factor in your new income range. With the Affordable Care Act (ACA) came subsidies that can help lower or even cover the cost of monthly premiums and out-of-pocket costs when you receive service.

Premium Tax Credit is a type of subsidy that can help you lower your monthly premiums. You can choose to do so by having the credit paid directly to your health insurance provider to towards your premium, or you can claim your premium amount when you file your tax return. 

Cost-Sharing Reduction is a type of subsidy that can help lower your out-of-pocket costs when you receive service with your current health plan. As long as you are enrolled in at least a Silver-tiered health plan, you can receive financial assistance when you pay for deductibles, copayments, and coinsurance.

HealthMarkets Helps the Unemployed Find Health Insurance

No matter what type of plan you're looking for, you can always find options at HealthMarkets. With over 3,000 licensed agents available at your convenience, we're confident we can find the right health insurance for unemployed individuals across the country.

When you're ready to find an affordable health plan, give us a call at (800) 827-9990 or request a free quote online today.

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Sources:

IRS: https://www.irs.gov/Affordable-Care-Act/Individuals-and-Families/Questions-and-Answers-on-the-Premium-Tax-Credit
KFF: http://kff.org/health-reform/issue-brief/explaining-health-care-reform-questions-about-health/

The Right Coverage at the Lowest Price

Your search for affordable Health, Medicare and Life insurance starts here.

Call us 24/7 at (800) 444-6830 or Find an Agent near you.

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