Frequently Asked Questions
Am I only allowed to sign up for private plans during "Open Enrollment"?
What are the differences between Employer plans, ACA/Obamacare, and Private insurance?
ACA/Obamacare
The Affordable Care Act (ACA), offers comprehensive major medical coverage and guarantees acceptance regardless of pre-existing conditions. ACA plans are most affordable if you qualify for a government subsidy to offset your monthly premiums. However, without this financial assistance, these plans can be significantly more expensive compared to other available options.
Employer-Sponsored Plans
Employer-sponsored health insurance often provides excellent benefits for employees at a relatively low cost. However, adding family members—such as a spouse or children—to the plan can cause massive premiums increases. This is because employers typically subsidize coverage for employees, while dependents often pay the full cost of their portion of the plan.
Private Insurance
Private insurance is health-based, which means there is an application process to determine eligibility. While not everyone may qualify due to health considerations, those in good health often benefit from preferred rates. These plans are typically more affordable than ACA options for healthy individuals and often include better coverage and benefits.
Am I tied into a contract with Private insurance?
No, these plans are non-contractual but they are designed as a long-term option for you.
Is there a fee for your services?
Nope, whichever insurance company you select compensates me on an individual basis so my services are free to you.
Is Private coverage more expensive?
Private coverage is actually more affordable because of the underwriting process. If you are healthy enough to qualify you will have lower rates and better benefits. My clients that have been on the private side for several years essentially have grandfathered rates and save thousands every year.