Tips for Buying From the Health Insurance Marketplace

The health insurance market place is open from November 1, 2018, to Saturday, December 15, 2018. If you are looking to purchase health insurance through the marketplace, you must do so by December 15 or you cannot purchase from here unless you have a qualifying life event. Here at THINK Insurance & Financial Services, serving the greater Pomona, CA area, we are often asked about buying health insurance from the marketplace. Here are a few tips to help guide you through this process. 

Compare Private and Health Insurance Marketplace Prices

If you are looking for health insurance, it is important to compare the prices for policies available within the health insurance marketplace to private policies available outside of the health insurance marketplace. Many people assume that the health insurance marketplace is the most affordable option. While it usually is for those who receive credits or have a pre-existing condition, it may not be for everyone. Always take the time to compare rates. 

Carefully Review Deductible and Maximum Coverage Amounts

Another tip is to carefully review the deductible and maximum coverage amounts when buying a policy. Not every policy is the same on the health insurance marketplace. Some have high deductibles and low maximum coverage amounts, while others may have lower deductibles and higher maximum coverage amounts. Never assume coverage is the same and carefully review it. 

Consider What Plans Your Current Doctors Accept

Lastly, always ask your current doctor what insurance plans they accept. If you want to stick with your current doctor, find a plan that they accept. Many people prefer to stay with their doctors, but don’t select a plan that their doctor accepts, which forces them to have to change providers. 

Are you looking to purchase health insurance in the greater Pomona, CA area? Then let THINK Insurance & Financial Services help you find the right health insurance policy for your needs or for your family’s needs. Contact us today to get started.