Tips for Buying Your Own Health Insurance! - Insurancelor
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Tips for Buying Your Own Health Insurance!

As our “man-on-the-street” video reveals, what you don’t know about health coverage could cost you…If you’re thinking about re-shopping for health coverage this year, here are 8 tips to help you get the coverage you need.

What do the New York Times and Fox News agree on? The monthly price of health insurance is going up in 2015 for many consumers.

Silver lining? If you’re looking for one, be aware that in many areas around the country, the monthly price for some plans are going down.

What that means for you is that, if you’re looking to spend less on health insurance in 2015, you should take some time to re-shop your coverage before the end of the year.

Review ALL your coverage options

There are three types of individually purchased health insurance plans that meet the standards of the Affordable Care Act. They are major medical plans (sold off-exchange), qualified health plans (sold off and on-exchange), and catastrophic plans.

  • Major medical plans: Major medical plans sold off-exchange are designed for people who do not qualify for or don’t want a subsidy. These plans do help you avoid the tax penalty, and meet all of the ACA coverage standards.
  • Qualified health plans: Qualified health plans are sold on and off-exchange and are typically for people who qualify for and want to use a government subsidy to assist in paying for their health plan, though you can buy them without subsidies too. Depending on your state, you can purchase a subsidized Qualified Health Plan through either a private exchange like eHealth or your state’s government-run health insurance exchange or marketplace. You can also purchase an on-exchange qualified health plan even if you don’t qualify or apply for a subsidy.
  • Catastrophic plans: Catastrophic health plans are only available to people under the age of 30, and these plans cannot be purchased with a government subsidy. Though catastrophic plans can help you avoid having to pay tax penalties for being uninsured (if you meet certain qualifications), they typically only carry the minimum level of benefits that are allowed under the law.

You’ll find all three at

As a federally licensed web-broker, eHealth has a wide selection of catastrophic health plans and both on-exchange and off-exchange health plans. And you can apply for subsidies through eHealth and use them to enroll in a qualified health plan, if you meet the requirements. But, eHealth also has off-exchange major medical health insurance plans available from brand-name insurance companies that are not available on any government exchange.

And, these off-exchange major medical health insurance plans protect you from the uninsured tax penalty. If you want to compare on-exchange qualified health plans to off-exchange major medical health plans, you’ll find both at!

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