February 27, 2018
2 minute read

Key Facts about Buying Family Health Insurance

FamilyHealth_Informational

Because the marketplace can seem complex, buying a family health insurance plan takes careful consideration, especially if you’ve never done it before. There are numerous options available through public and private insurance plans. Ultimately, you want to find a plan that fits your budget and offers the coverage you need. Learn the facts about family healthcare so you can feel confident with the plan you choose.

Whether you have a family of two or 10, health insurance coverage is critical. You need adequate coverage for each member of your family, but you also need it be affordable. If you don’t have health coverage, you may have to pay a fee.

Making the Right Healthcare Choice for Your Family

You can make the right healthcare choice for your family by arming yourself with a few key facts. Here’s what you need to know about buying family health insurance:

  • Each health plan has a monthly premium amount that you pay to keep coverage. Think about your monthly budget, and decide what kind of premium you can afford.
  • You can’t predict what will happen in the coming months or years, but you can make an estimate. How much medical care did your family need in the past year for sick visits, specialty care, or other health needs? Inquire about the copays and deductibles that apply to those services. This will give you an idea of what you might pay with each health insurance plan.
  • You can buy an Obamacare plan during the annual Open Enrollment Period. If you have missed that deadline, see if you qualify for the Special Enrollment Period. If you’ve recently gotten married, had a baby, lost your other health coverage, or moved, you may be eligible for the special enrollment period.
  • If you aren’t eligible for the special enrollment period, you may still buy a short-term health plan. These plans can help provide you with the coverage you may need until open enrollment.
  • Avoid paying the penalty by making sure your health plan provides “minimum essential coverage.” Your insurance provider or agent can tell you if the plan qualifies, and it should be listed in your plan’s paperwork.

Fortunately, you don’t have to make this important decision on your own. With access to hundreds of plans nationwide, HealthMarkets Insurance Agency’s licensed agents are here to help you with buying health insurance for your family. Pick up the phone and call us anytime, 24 hours a day, at (800) 360-1402, or get a quote online. We also have agents available in communities nationwide to speak with you in person. Our assistance and quotes are free.

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© 2022 HealthMarkets Insurance Agency. All rights reserved.

To send a complaint to Medicare, call 1-800-MEDICARE (TTY users should call 1- 877-486-2048), 24 hours a day/7 days a week). If your complaint involves a broker or agent, be sure to include the name of the person when filing your grievance.

We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE (TTY users should call 1- 844-704-7357), 24 hours a day/7 days a week, to get information on all of your options.

Attention: This website is operated by HealthMarkets Insurance Agency, Inc. and is not the Health Insurance Marketplace® website. HealthMarkets Insurance Agency, Inc. is licensed as an insurance agency in all 50 states and DC. Not all agents are licensed to sell all products. Service and product availability varies by state. Sales agents may be compensated based on a consumer’s enrollment in an insurance plan. No obligation to enroll. Agent cannot provide tax or legal advice. Contact your tax or legal professional to discuss details regarding your individual business circumstances. Our quoting tool is provided for your information only. All quotes are estimates and are not final until consumer is enrolled. Medicare has neither reviewed nor endorsed this information.

HealthMarkets Insurance Agency offers the opportunity to enroll in either QHPs or off-Marketplace coverage. Please visit HealthCare.gov for information on the benefits of enrolling in a QHP. Off-Marketplace coverage is not eligible for the cost savings offered for coverage through the Marketplaces.

This information is not a complete description of benefits. Call the Plan’s customer service phone number for more information.

© 2022 HealthMarkets Insurance Agency. All rights reserved.

To send a complaint to Medicare, call 1-800-MEDICARE (TTY users should call 1- 877-486-2048), 24 hours a day/7 days a week). If your complaint involves a broker or agent, be sure to include the name of the person when filing your grievance.

We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE (TTY users should call 1- 844-704-7357), 24 hours a day/7 days a week, to get information on all of your options.

Attention: This website is operated by HealthMarkets Insurance Agency, Inc. and is not the Health Insurance Marketplace® website. HealthMarkets Insurance Agency, Inc. is licensed as an insurance agency in all 50 states and DC. Not all agents are licensed to sell all products. Service and product availability varies by state. Sales agents may be compensated based on a consumer’s enrollment in an insurance plan. No obligation to enroll. Agent cannot provide tax or legal advice. Contact your tax or legal professional to discuss details regarding your individual business circumstances. Our quoting tool is provided for your information only. All quotes are estimates and are not final until consumer is enrolled. Medicare has neither reviewed nor endorsed this information.

HealthMarkets Insurance Agency offers the opportunity to enroll in either QHPs or off-Marketplace coverage. Please visit HealthCare.gov for information on the benefits of enrolling in a QHP. Off-Marketplace coverage is not eligible for the cost savings offered for coverage through the Marketplaces.

This information is not a complete description of benefits. Call the Plan’s customer service phone number for more information.

© 2022 HealthMarkets Insurance Agency. All rights reserved.

To send a complaint to Medicare, call 1-800-MEDICARE (TTY users should call 1- 877-486-2048), 24 hours a day/7 days a week). If your complaint involves a broker or agent, be sure to include the name of the person when filing your grievance.

We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE (TTY users should call 1- 844-704-7357), 24 hours a day/7 days a week, to get information on all of your options.

Attention: This website is operated by HealthMarkets Insurance Agency, Inc. and is not the Health Insurance Marketplace® website. HealthMarkets Insurance Agency, Inc. is licensed as an insurance agency in all 50 states and DC. Not all agents are licensed to sell all products. Service and product availability varies by state. Sales agents may be compensated based on a consumer’s enrollment in an insurance plan. No obligation to enroll. Agent cannot provide tax or legal advice. Contact your tax or legal professional to discuss details regarding your individual business circumstances. Our quoting tool is provided for your information only. All quotes are estimates and are not final until consumer is enrolled. Medicare has neither reviewed nor endorsed this information.

HealthMarkets Insurance Agency offers the opportunity to enroll in either QHPs or off-Marketplace coverage. Please visit HealthCare.gov for information on the benefits of enrolling in a QHP. Off-Marketplace coverage is not eligible for the cost savings offered for coverage through the Marketplaces.

This information is not a complete description of benefits. Call the Plan’s customer service phone number for more information.