One Simple Trick for Using the Health Insurance Marketplace in Connecticut
There are many, many ways to find medical coverage in Connecticut: Access Health CT, the various Obamacare options, and many other things that come together in the Connecticut health insurance exchange. So how can you find the best options for you. We can show you an easy way to shop for and compare plans.
With the ACA, many individuals and families will qualify for a subsidy to help offset the cost of coverage. This subsidy is paid to your insurer each month or can be claimed as a refundable tax credit on your income taxes, beginning with the new filing year. New regulations in healthcare under the ACA (aka Obamacare) have benefited Connecticut residents in the following ways:
- 78% of CT residents have opted for a plan with financial assistance
- Insurance company requests for rate increases over 10% have decreased from 75% to 14% nationwide and Connecticut has received $1,000,000 to combat excessive increases
- Caps on how much of your dollar can be be put toward anything other than healthcare improvements (80/20 rule)—folks in CT have received $3,019,862 total in refunds from their insurance companies as a result
Open enrollment in the health insurance marketplace begins November 1, 2015—don't be left out in the cold. HealthMarkets Insurance Agency is here to help you understand your options and provide the most ideal plan available for you. Give us a call today.
How Do I Shop the Health Insurance Marketplace in Connecticut?
Shopping the health insurance marketplace in Connecticut can be confusing, which is why HealthMarkets offers personalized service to help you find a policy that meets your particular needs. When choosing a policy from the health insurance marketplace, Connecticut shoppers should look for:
- Affordability: Choose a plan that comes with a premium that you can afford. A subsidy will help offset the cost for many shoppers.
- A deductible that makes sense: The deductible is the amount of money you will be out of pocket before your plan pays anything towards your care. The lower the deductible, the easier it is on you as far as out-of-pocket costs.
- A network of doctors you want to use: If you have a particular doctor in mind that you want to continue to see, make sure your plan is accepted by that doctor when buying a plan from the health insurance marketplace in Connecticut.
- Coverage you need: Some plans have a prescription drug plan included, others do not. Some limit services to particular service offerings, and you may need to purchase dental or prescription plans separately.
Because buying a policy can be confusing, HealthMarkets Insurance Agency can be a great option for you when navigating the health insurance marketplace. Connecticut HealthMarkets’ professionals are part of a 3,000-member network of licensed agents that are ready to provide you with great advice in finding your best options for coverage.