Are you ready to choose a health insurance plan for 2021?
Choosing the right health plan is important for you and your family. Unfortunately, it can be difficult to understand the insights of health insurance, no matter what type of coverage you need. As complicated as insurance may seem, you only have one chance to register during open registration. In the state of California, open registration runs from November 1
Apply to California Health Insurance
Registering for an exchange plan through the insurance market is a relatively simple process. Once you have created an account, you can fill out an online coverage application. To complete your application, you must provide personal information to help you determine if you are eligible for a grant, which can help you pay for your monthly premium. If you qualify for a subsidy, it is automatically applied to your premium, and depending on your income level, it can drastically reduce your health insurance costs. If you are not eligible for a grant, the information exchange will notify you if you qualify for other government-assisted health plans such as Medicaid or Medicare.
You also have the option of registering for a health plan directly through a health insurance company. The vast majority of the plans offered by health insurance companies are listed on the stock exchange. To register in this way, visit the website of the health insurance company you want to buy a plan from. If a plan offered by the company is available on the stock exchange, you will be sent to the stock exchange website so that you can see if you are eligible for a grant. You can also sign up for an off-plan, but you are not eligible for a subsidy.
You can also work with a health insurance broker. A broker is a licensed professional who is trained to help individuals choose a health plan. Brokers have in-depth knowledge of the health insurance industry and they can help you choose a plan through the exchange or directly through an insurance company. It is also important to note that most insurance brokers do not charge a fee for their services.
Qualifying Life Events and the Special Enrollment Period
If you need to enroll in a health plan outside of the enrollment open time frame, you may be able to do so if you experience a qualified life event, for example:
If you experience a qualified life event, you have the opportunity to register under the special registration period, which is the time window outside open registration.
Working With the Right Insurance Broker By working with the right broker, you can find the right plan that meets all your needs. Contact us today at 707-823-3689 to learn more about health insurance.