Open Enrollment and Deductibles
We’re ready to answer all your insurance-related questions!
Do I qualify for health insurance outside of open enrollment?
Is there a deductible?
Indemnity plans have NO DEDUCTIBLE and the rates are usually locked in, some carriers increase their rates minimally every couple years but typically when you sign up for an indemnity plan the rates will not go up.
Short Term Plans
A short term plan is usually locked in for the term of the plan and have deductibles that reset once the term is over.
Affordable Care Act plans are typically available during open enrollment from November 1st through December 16th, however you may qualify outside of that time frame.
Inside Tip: ACA Plans!
On the private market no one really keeps their ACA plans very long, because the rates tend to increase every couple of months for ACA plans. If your undergoing serious medical treatment (IE Chemotherapy etc) then it may behoove you to keep your current ACA plan until the next open enrollment. At that point you could switch to a different ACA plan during the enrollment period.
We have health insurance advisors standing by so give us a call now to understand more and get insured now!