A New Age of Health Insurance
Over the course of the last ten years, a lot has changed in the world of health insurance. With the introduction of the Affordable Care Act (also know as ACA or Obama care) the market has changed.
Years ago, you could cover your family of 5, with a $100 monthly premium and have a total out of pocket max of $1000. Gone are those days. Now, it seems like to provide your business or family with decent coverage, you might as well take out a second mortgage.
With the introduction of the private market plans, families are now able to pick and choose their health coverage options. Taking the best parts of auto-insurance, private market companies have allowed their clients to pay for what they want.
Many people are unaware that private market plans are available to them. They simply think that Obama care is their only options outside of employer plans. Allowing customers to chose options like accident protector, critical illness benefits, dental or vision, private market insurers have taken back what was once lost.
Families are now able to pay for what they want, have PPO coverage in all 50 states, and take the stress out of looking for health coverage. Offering health-based plans has allowed the market to shift and allow families to maintain peace of mind outside of employer-based plans.
Some might ask, what is the downside? Well, because the private market focuses on self-employed and small businesses, low risk families, and healthy individuals, their plans are underwritten. This means that not everyone can be approved. You cannot sign up on your own, you must speak to a licensed agent, and they cannot cover everyone.
If you are looking to find better coverage, simply want to see quotes, or are looking to cover your family, reach out today for a quote. There is no fee or costs to apply, and you can cancel at any time.
The time is now to protect your business, employees, and your family. We at KCE Health Advisors, focus on putting the client first. The private market may not be your best option, but we are here to guide you and put you in the best possible position.