This depends on you and your present health condition. We encourage you to visit iHealthAgents GoodRx Prescription Tool and review your own prescriptions to see if you can save any money. While STM plans typically don’t cover prescriptions (some actually do), for most healthy individuals this isn’t a concern. I personally take an expensive name brand prescription that costs me $300 a month even with GoodRx, however, that said, I’m saving $1,100 a month by choosing STM over an ACA plan so for me it still makes perfect sense.
Medicare is a Federal health insurance program for people 65 years or older, certain people with disabilities, and people with end-stage renal disease (ESRD). Medicare has two parts: Part A, which is hospital insurance, and Part B, which is medical insurance. For information on Medicare, visit the website at or call toll free 1-800-MEDICARE (1-800-633-4227).
Short-term health insurance frequently costs less than comprehensive health insurance. For this reason, it’s an attractive option to some people looking for temporary coverage. Short-term plans are available for up to six months of coverage. They cannot be renewed. In some states, you may buy another 6-month short-term policy immediately after your first one expires, essentially giving you one year of coverage. In other states, you’re not allowed to buy back-to-back short-term health insurance plans, so you’ll be limited to a maximum of six months of coverage.
Supplemental coverage is not real medical insurance. In essence, you are giving up most of your benefits, and in return, you get a low monthly premium. Supplemental coverage only pays out a lump sum of cash for a qualifying medical expense, so you can forget about benefits like preventive care. It’s not recommended to have supplemental insurance as your only source of coverage, but if it’s your last resort, some coverage is better than none.
To find out if you can get on Medicaid now, go to HealthCare.gov. If the federal government is running the Marketplace in your state, you can fill out an application there. If your state is running its own Marketplace, you will be directed to another website where you can fill out an application. You can fill out one application to see if you qualify for Medicaid or for a tax credit to buy insurance on the Marketplace.
An agent should help guide you toward the insurer most likely to accept you. Keep in mind that if you are rejected by one carrier, you will probably have to disclose that in future applications. An agent also should help you fill out the application. But make sure that you know what’s in the application and that it is accurate. If you make mistakes, you may give the insurer an opening to rescind your policy later.
Outside of that time, you can qualify for Special Enrollment Period with “qualifying life events”. Some of these events include divorce, loss of employment, income change, new dependents, or moving to a new area. You will have to prove that you had a qualifying life event, and find health insurance within a certain window of time. Shopping with the help of resources at eHealth helps make this process faster, and get you covered as soon as possible.