Health Insurance

People get their health insurance from many different places. Whether you get coverage from Medicare, through your employer, or privately, Quote Purple can answer all your questions and find you the cheapest health insurance quotes. 

Americans collectively pay over $3.6 trillion in healthcare every year. Sadly, many have troubles finding affordable health insurance. At Quote Purple, we can give you some tips to find affordable health insurance, and help you compare quotes from the best health insurance companies. 

Individual Americans spend thousands on health insurance each year. It’s important to find the right plan that fits you and your family’s needs, so you really get your money’s worth. Find out which plan will be best for you by calling us at (877) 200-6113 to compare health insurance quotes today!

What To Expect From Your Health Insurance

Your gender and health will not effect your health insurance premium. When determining your health insurance quotes, your health insurance company considers:

• Your age.
• Where you live. 
• Your tobacco use.  
• How many people need coverage. 
• The plan’s tier level. 

Health insurance plans are broken into bronze, silver, gold, and platinum tiers. These tiers can give you a good overview on how much coverage you’ll need. 

Ask yourself what kind of coverage you need for things like prescription drugs and hospital visits. The more medical needs you have, the more coverage you’ll need. 

Higher tiered plans will have higher premiums, or monthly payments. Remember that just because a monthly premium is lower, doesn’t mean you’ll save the most money on health insurance. You need to consider your premium, deductible, and out-of-pocket costs to truly gauge how much you’ll end up paying for your health coverage.

Also Read: The First-Timers Guide To Health Insurance

Things Your Health Insurance May Not Cover

It’s important to remember that the more you pay in premiums, the less you’ll pay in up-front costs when you access care. Be sure to check with your insurance provider on what isn’t covered in your current plan.

Here are some things that generally are not covered by some health insurance plans:

• Out-of-pocket expenses.
• Annual deductibles.
• Copayments and coinsurance. 
• Annual out-of-pocket maximum.

If you think you need a new rate, learn what other options you have for medical insurance by calling Quote Purple at (877) 200-6113.

Also Read: The Ultimate Guide To Health Insurance 

What Are Essential Health Benefits (EHB)?

Essential health benefits (EBH) ensures that all plans have coverage and access to the following benefits:

• Coverage for children.
• Emergency services.
• Hospitalization.
• Lab tests.
• Maternity and newborn care.
• Mental health and substance-abuse treatment.
• Outpatient care.
• Prescription drugs.
• Preventive services like immunizations.
• Rehabilitation. 

There are certain caps on what can be covered by EHB that constantly change. Be sure to speak with your insurance provider if you need more information or to access any essential health benefits.

What Is Medicare?

Medicare is a publicly funded health insurance program to help cover health costs for individuals who are:

• 65 or older.
• Under 65 with disabilities.
• People with an end-stage renal disease.

Medicare has four parts to help cover things such as hospital and medical insurance, prescription drugs, and private insurance through Medical Advantage Plans. For a full breakdown on Medicare, check out our article below. 

Also Read: A Guide To All Your Medicare Coverage

What Is Medicaid and CHIP?

Medicaid

Medicaid is a government-funded program that pays medical costs for people who cannot afford health insurance, or do not have employee health benefits. Medicaid can help provide coverage for:

• Low-income individuals.
• Children.
• Pregnant Women.
• Individuals 65 and older.
• Individuals with disabilities.

The Children’s Health Insurance Program (CHIP)

CHIP is a government-funded program that helps cover children’s medical costs, even if their parents cannot afford health coverage. Even if you do not qualify for Medicaid, your child can still get dental and health coverage through CHIP. 

Qualifying for this program depends on several things such as:

• Age
• Income level
• Number of dependents
• If you’re pregnant or disabled

Every state had changing policies on their Medicaid and CHIP coverage. Check to see what Medicaid and CHIP coverage you can receive in your state, or call Quote Purple to have your questions answered by an expert.

Health insurance is constantly changing. Let Quote Purple help you find affordable coverage for all your needs. To find out more, give us a call at (877) 200-611.