ACA Open Enrollment

2018 PPACA (Obamacare) Open Enrollment begins on November 1, 2017 and ends on December 15, 2017. During this 45 day window, individuals and families can purchase guaranteed issue individual health insurance (with no preexisting condition exclusions). Depending on your MAGI – Modified Adjusted Gross Income – you may qualify for one or more federal subsidies to lower your premium and your deductible. To learn more scroll down on this page. To see plans and prices click “Get Quotes”.

Short Term insurance

 

If you miss the annual Open Enrollment period (November 1 to December 15) you can stay insured during the Nap Period by purchasing Short Term health insurance. Obama era regulations limited this coverage to 91 days. A+ rated Companion Life created consecutive short term policies. With Companion’s Pivot Health plans you qualify one time for up to four 91 day policies in a row. When your first policy expires you are guarantee issued the next 91 day policy with no health questions. Short Term policies do not cover preexisting conditions and are less expensive. Click here to download the brochure.

 

Special Enrollment

 

The 2017 ACA Open Enrollment period ended on January 31, 2017. To purchase health insurance now, one must experience a “Qualifying Life Event” and as such qualify for a “Special Enrollment Period”. Examples of QLE’s are losing employer sponsored health insurance, moving, getting married or divorced and having a baby or adopting a child. If you qualify for an S.E.P., call us at (630) 674-1551 or click here to email us with questions.

Accident Coverage

Since many consumers are now purchasing the PPACA “Metal” health insurance plans with high deductibles it makes great sense to purchase a Supplemental Accident plan so that you receive a cash payment ($6,000, $7,500 or $10,000) each time any member of your family suffers from an accidental injury (cuts, breaks, sprains, bruises etc). This cash payment can help you pay your health plan deductible. Scroll Down for More Information.

Preventive Care

PPACA Bronze, Silver, Gold, and Platinum Qualified Health Plans cover a comprehensive list of preventive services without charging you a copayment or coinsurance. This is true even if you haven’t met your calendar year health plan deductible. This applies only when these services are delivered by a network provider. Scroll Down for More Information.

2018 PPACA (Obamacare) Open Enrollment

The 2018 PPACA (Obamacare) Open Enrollment period begins on November 1, 2017 and ends on December 15, 2017.  During this 45 day window, individuals and families can purchase guaranteed issue individual health insurance (with no preexisting condition exclusions). Coverage will not begin until January 1, 2018. Depending on your projected 2018 MAGI – Modified Adjusted Gross Income – you may qualify for one or more federal health insurance subsidies to lower your premium, deductible, coinsurance and copays. To learn the income levels necessary to qualify for health insurance subsidies and search the Blue Cross HMO and PPO networks scroll down this page. If you do not qualify for subsidies please click “Shop for unsubsidized plans OFF the exchange” below to purchase health insurance directly from Blue Cross Questions? Call (630) 674-1551. Out of state? Call toll free (866) 724-7123.

Buying on the exchange? If you do qualify for subsidies please click “Shop for subsidized plans ON the exchange” below. You will be able to pick a plan, get your subsidies and finish the entire process much faster than using Healthcare.gov alone. HealthSherpa speeds up the Healthcare.gov process.

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Determining your elibility for one or more federal subsidies

Depending on what you expect your 2018 total household MAGI – Modified Adjusted Gross Income = (after deductions but before taxes) to be, you may qualify for a significant APTC – Advance Premium Tax Credit (federal subsidy) under the new health care law to lower your premiums. You may also qualify for a Cost Sharing subsidy to lower your deductible. If you believe your 2018 total household MAGI will be lower than:

$47,550 for an individual
$64,100 for a couple
$84,650 for a family of three
$97,200 for a family of four
$113,800 for a family of five
$130,300 for a family of six

you will be better off financially by shopping for a plan on the exchange (via Healthcare.gov) in order to receive an Advance Premium Tax Credit and/or a Cost Sharing reduction to reduce the premium and deductibles of either the Bronze, Silver, Gold or Platinum Qualified Health Plans.

Buying on the exchange? If you qualify for a subsidy please click the link below. You will be able to pick a plan, get your subsidy and finish the entire process much faster than working solely with Healthcare.gov

subsidizedshopping

Shopping from another state? Call us toll free at (866) 724 7123 or scroll down to get quotes from carriers in your state. 

Please note: If your income is lower than the 2017 Federal Poverty Level Information – 2017 FPL in your state, which is less than 138% of the FPL – Federal Poverty Level in states that expanded Medicaid and less than 100% of the FPL in states that did not.  You will be offered Medicaid will not be able to qualify for subsidized health insurance. You can purchase health insurance even if you qualify for Medicaid but you must do so without a subsidy. Click the chart below to determine the current Federal Poverty Level and percentages above it.

Please also note: If you qualify for a federal health insurance subsidy and your state has expanded CHIP – Children’s Health Insurance Plan – under Medicaid you may not be able to insure your children on your policy. Healthcare.gov will instead send them to Medicaid. You may wish at that juncture to purchase private health insurance at full price for your children instead.

Short Term health insurance coverage for more than 91 days

If you miss the annual Open Enrollment period you can stay insured during the Nap Period (December 15 to November 1 of each year) by purchasing Short Term health insurance. Obama era regulations limit this kind of coverage to 91 days maximum. A+ rated Companion Life insurance company responded to these onerous regulations by creating consecutive short term policies. With Companion Life you qualify one time for up to four 91 day policies in a row. When your first policy expires you are automatically issued the next 91 day policy on a guaranteed issue basis with no health questions. Short Term policies are not PPACA qualified so they do not cover preexisting conditions, as such they are much less expensive. There is no network so you can use the plan at any doctor’s office or hospital. Click here to download the plan brochure and click the logo below for quotes and more info. Contact us with questions.

 

Short Term health insurance coverage for less than 91 days

If you need short term coverage for less than 91 days you can purchase coverage from United Healthcare which includes their Choice PPO network. To get quotes and apply online click the link below.

Special Enrollment periods

After the 2018 ACA Open Enrollment period ends on December 15, 2017 you will be unable to purchase a PPACA (Obamacare) qualifed health plan again until the next open enrollment period begins again on November 1, 2018 unless you experience a Q.L.E. – “Qualifying Life Event” and as such qualify for an S.E.P. – “Special Enrollment Period”. Examples of QLE’s are losing employer sponsored health insurance, moving, getting married or divorced and having a baby or adopting a child. If you qualify for an S.E.P., you have up to 60 days following that event to enroll in an individual or family health insurance policy. If you miss that window, you have to wait until the 2018 ACA Open Enrollment period begins again on November 1, 2018 in which case your coverage will begin on January 1, 2019. You can however enroll in Medicaid or C.H.I.P. – Children’s Health Insurance Plan at any time of the year without a Qualifying Life Event if your income is low enough to qualify. Call us with questions at (630) 674-1551 or click here to email us.

 

Start Shopping Now for 2018 ACA Qualified Health Plans

Get quotes from Blue Cross Blue Shield of Illinois

The 2018 PPACA (Obamacare) Open Enrollment period begins on November 1, 2017 and ends on December 15, 2017.  During this 45 day window, individuals and families can purchase guaranteed issue individual health insurance (with no preexisting condition exclusions). Coverage will not begin until January 1, 2018. Depending on your projected 2018 MAGI – Modified Adjusted Gross Income – you may qualify for one or more federal health insurance subsidies to lower your premium, deductible, coinsurance and copays. Call us at (630) 674-1551 or click here to email us with questions.

 

Get quotes from Blue Cross Blue Shield of  Texas

Once you click the logo scroll to the bottom of the first page to search for doctors and hospitals that are in the Blue Cross Blue Shield of Texas network. Dental and Vision plans are also available by clicking on the logo to the left. Call us toll free at (866) 724-7123 for guidance.

 

 

Click the logo to shop for Anthem Blue Cross Blue Shield of Wisconsin plans for you and your family. Once you click the logo scroll to the bottom of the first page to search for doctors and hospitals that are in the Anthem Blue Cross network. Dental and Vision plans are also available by clicking on the logo to the left. Call us toll free at (866) 724-7123 for guidance.

 

Click the logo to shop for Anthem Blue Cross Blue Shield of Indiana plans for you and your family. Once you click the logo scroll to the bottom of the first page to search for doctors and hospitals that are in the Anthem Blue Cross network. Dental and Vision plans are also available by clicking on the logo to the left. Call us toll free at (866) 724-7123 for guidance.

 

 

Click the logo to shop for Anthem Blue Cross Blue Shield of Missouri plans for you and your family. Once you click the logo scroll to the bottom of the first page to search for doctors and hospitals that are in the Anthem Blue Cross network. Dental and Vision plans are also available by clicking on the logo to the left. Call us toll free at (866) 724-7123 for guidance.

 

 

You will owe a non compliance ‘fine’ to the IRS for not having qualified health insurance.

You will be subject to a 2.5% of your MAGI – Modified Adjusted Gross Income – ‘fine’ (TAX) for not having qualified health insurance or for purchasing non qualified Temporary or Short Term health insurance since these plans do not include the “essential health benefits” under the PPACA “Obamacare”.

If you don’t have qualified health plan coverage in 2018, you’ll pay the higher of these two amounts:

  • 2.5% of your yearly household income. (Only the amount of income above the tax filing threshold, about $10,000 for an individual, is used to calculate the penalty.) The maximum penalty is the national average premium for a bronze plan.
  • $695 per person for the year ($347.50 per child under 18).
  • There are maximum penalties for individuals and families. They are significant. To determine your maximum penalty click here.

Medicare Supplemental coverage

If you’re over 65 or nearing that age and are looking for information and multiple free quotes on plans that will cover your Medicare deductibles and other out of pocket expenses. Visit our Medicare Supplement page

Life Insurance

Visit the Life Insurance page of our website for Term Life insurance quotes from all carriers.

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