Finding affordable health insurance is not as difficult as people think it is to get. The trick to finding cheap health insurance is to compare different plans from different carriers. This way you can compare benefits, premiums, and costs. This will ensure you are getting the most bang for your buck. The best way to ensure you are comparing plans is by using a platform such as StandardHealth, which leverages technology to search the market to find the best health and life insurance deals from various carriers. You are then presented with different plan options that you can choose from and compare side-by-side. This is a necessary process when shopping for the best health insurance premiums. If you need assistance making sense of plan details and costs, you can contact a representative to help explain the plan information and help you assess your different options. Be sure to read more on finding affordable insurance on our previous blog post, here.
ACA health insurance plans
The Affordable Care Act (ACA) also provides affordable health insurance plan options for those who are eligible. Check with a Standard Health rep on your eligibility for any of these plans. Some of the ACA plans offer:
The Bronze tiers offer Low rates but high out-of-pocket expenses.
The Silver tier offers cheap rates for low-income households. You are eligible for reductions if your household income is less than 250% of the federal poverty level. This can reduce premiums significantly.
The Gold tier offers high premiums, but low out-of-pocket expenses. Gold plans have the most affordable deductibles and out-of-pocket maximums. For this reason, a Gold health insurance policy can help you save money if you expect high medical expenses.