Health Insurance for the Whole Family

When does a family plan make sense? 

If you need long-term coverage for you and your family and: 

• Can't get health insurance through work – whether your employer traditionally doesn’t offer coverage, you are a 1099 seasonal employee, you are self-employed, or you are losing employment. 
• Want comprehensive benefits 

• Qualify for a premium tax credit

   

Understand the Basics 

In general, there are two main types of health insurance plans that apply to most families and individuals under age 65. 

Marketplace Plans 

A plan from the Health Insurance Marketplace, commonly referred to as Affordable Care Act (ACA) plans, provides private health coverage for individuals or families without employer-sponsored coverage. A Marketplace plan may be the right option if you need coverage for more than one year. These plans provide preventive services at no cost and never ask about previous or current medical conditions. 

The monthly cost is individualized and is based on the estimated income of all household members. Most households qualify for tax credits, which is a subsidy based on household size and income. This tax credit could reduce your monthly insurance premium for a Marketplace plan. There is an income number called Modified Adjusted Gross Income (MAGI) that determines the amount of premium subsidy assistance from the government. Learn more about tax credits here. 

Short-Term Plans 

Short-term plans may be the right option for you if you need coverage for less than a year. In some cases, you may choose a short-term plan to cover you and your children if you’re not able to get a family plan right away. Short-term plans are intended to be used for unexpected and unanticipated medical needs, not for planned care. They do not cover preventive care services. These plans are medically underwritten, meaning you must qualify to be accepted, and do not cover pre-existing conditions.

Additional Coverage Available 

We can help you enhance your health plan by adding the following: 

• Dental benefits 
• Vision coverage 

• Hospital Indemnity coverage, which helps with hospital copays. Benefits are paid directly to you to reduce medical or personal costs of a hospital stay.

   

Find a health plan that fits your family.

Schedule a free 20-minute assessment.