Frequently Asked Questions
Is private insurance expensive?
Contrary to popular belief, private insurance is often more cost-effective. Based on personal and professional experience, switching to private insurance can result in substantial savings annually and reduce out-of-pocket expenses.
When is Open Enrollment? & Did I miss it?
Open Enrollment only applies to ACA/Obamacare and government-sponsored plans. Private insurance has year-round availability.
What are insurance prices based on?
Public Marketplace (aka ACA/Obamacare plans) are based on income and age. Private plans are based on health.
In most cases the only way to make coverage any cheaper is to either remove benefits or reverse age. Can't say I have that superpower!
Will these plans cover me anywhere I go?
YES! Nationwide coverage, on and off the job. They are PPO plans so you aren't limited to coverage in your zipcode/county like many plans.
I only need coverage for a few months. Would I be locked in for a certain amount of time?
No, there is no set duration for private insurance plans. Both public and private health insurance plans allow you to terminate coverage at any time, without penalty.
What are the biggest differences between ACA/Obamacare, Employer plans, and Private insurance?
ACA/Obamacare is major medical coverage that you cannot be denied for due to any pre-existing conditions. It is most affordable IF you get a government subsidy on the monthly premiums. If you aren't getting that discount, it is way more expensive than most plans out there.
Employer plans are AMAZING for the employee themselves BUT the minute you add a family member (spouse or kids or both) on to the plan, that premium is going to skyrocket. This is because employers usually give benefits towards their employees but the family will be paying full price to be added on to the plan.
Private insurance is health-based so there is an application process because not everyone may qualify based on health. Because you're healthy, you're getting a preferred rate so it is cheaper than most plans with BETTER coverage.