Health Insurance
Plans and Support

Health insurance provides financial protection for unexpected medical expenses that could arise due to illness or injury.

There are several types of health insurance plans including HMOs, PPOs, POS plans, and catastrophic health insurance plans.

A deductible is the amount of money that an insured person must pay before the insurance company starts to cover their medical expenses.

An out-of-pocket maximum is the amount of money an insured person will be responsible for paying for covered medical expenses during a given period of time. In most cases the timeframe is typically one year.

A pre-existing condition is a health condition that an insured person had before they enrolled in their current health insurance plan.

An in-network provider is a healthcare provider who has contracted with an insurance company to provide services to its members at a discounted rate.

An HSA is a tax-advantaged savings account that can be used to pay for medical expenses. It is available to people who are enrolled in a high-deductible health plan (HDHP).

Yes, you can purchase health insurance on your own through a healthcare marketplace such as ours or through an insurance broker.

Open enrollment is the period of time each year when people can enroll in or change their health insurance plans.

The Affordable Care Act (ACA) provides individuals and families greater access to affordable health insurance options including medical, dental, vision, and other types of health insurance that may not otherwise be available.

Under the ACA:

• You may be able to purchase health care coverage through a state or federal marketplace that offers a choice of plans.
• Insurers can’t refuse coverage based on gender or a pre-existing condition.
• There are no lifetime or annual limits on coverage.
• Young adults can stay on their family’s insurance plan until age 26.
• Seniors who hit the Medicare Prescription Drug Plan coverage gap or “donut hole” can get a discount on medications.