Searching for coverage on the health insurance marketplace in New York can be confusing. Deciding on an affordable premium and copayment can be overwhelming. But HealthMarkets can help. The Open Enrollment Period (OEP) for New York is from November 1 through January 31. Don’t take risks with your health. Give us a call, and we can help answer some of your questions about shopping the health insurance marketplace in New York.
Choosing a Policy on the Health Insurance Marketplace in New York
Over 221,000 New Yorkers enrolled in the marketplace in 2017. Of that number, 57 percent were eligible for tax subsidies that helped lower premium costs. Before deciding on a health insurance plan, consider its features:
- Deductible. You’re responsible for your medical costs until the deductible is met. Once you reach that amount, insurance will kick in.
- Copayment. This is the amount you are responsible for regarding covered costs. For example, if your copayment is $75, then that’s the amount you will pay to your service provider.
- Networks. Make sure you will be able to see your preferred doctors before you decide on a health insurance plan.
For instance, a family with young children would likely want to choose a carrier offering a comprehensive plan that covers all the essentials. Singles who are in good health may want to choose a policy with a higher annual deductible and lower monthly payments.
Call us at (800) 360-1402 to get a free quote today.