Health Insurance Metal Tiers Explained
It is time for 2021 open enrollment for health insurance plans. Each year people who purchase their own health care plans have the ability to compare available insurance plans and select the right coverage for themselves and their families.
Individuals not covered by employer-sponsored plans, those who are unemployed, and those who are self-employed all have the option to purchase plans during this 45 day period each year.
Selecting the right plan can sometimes be challenging. Plans and providers change each year, and the plan that you currently have may no longer offer the same benefits or be available at the end of 2020. Replacing your plan can be much easier when you use a service like Affordable Health Plans USA.
Affordable Health Plans USA provides side-by-side comparisons of all available health plans in your area so that you can make an informed decision about your health care coverage.
Understanding Metal Tiers For Health Care Coverage
When you compare health plans, the first thing that you will notice is that metal tiers often classify these plans. These tiers are designed to separate the levels of service that you will receive from the different plans.
A general description of each of the available plans will give you the basic knowledge you need to decide which plans best suit your needs.
Bronze Health Plans
The insurance policies in this category are often referred to as “Catastrophic plans.” Plans included in this category will provide you with the following benefits:
– Very low monthly payment
However, these plans have the highest deductible and out-of-pocket expenses of any health care coverage. Most of these plans do not cover routine care, or if they do, only partially after the deductible has been met.
This type of plan is only good for people who do not have any medical condition and do not often visit the doctor. It is best for unexpected major illness or injury only.
Silver Health Plans
Plans falling into this category have higher premiums than the previous category but are the lowest premiums of the higher grade plans.
The benefits of these plans include:
– Lower deductibles for most services
– Moderate monthly premiums
– More basic services covered
– More services that are offered with co-payments
These plans are a better choice for individuals or families that use routine medical care during the year or are treated for minor conditions. Having one of these plans in place may cost a little more each month, but they can save you thousands of dollars each year in care costs.
Gold Health Plans
The plans in this category are considered premium plans because of the coverage that they provide. You will enjoy:
– Low yearly deductibles
– Low co-payments on basic services
– More free services
– More in-network services and care providers
– Payments for out-of-network services
These plans are good for people who use a lot of medical services during the year. The higher monthly premiums are offset by the multiple savings you enjoy with low deductibles and free services. Many of these plans also offer health-related discounts to members.
Platinum Health Plans
This is the highest of all the levels of health insurance. These plans have the highest monthly premiums, but they also provide extensive benefits. You have exceptionally low yearly deductibles and very low, if any, co-payments.
These plans are the best choice for anyone that requires extensive medical care or needs very expensive medical treatments. The cost of the monthly plans will be offset by the coverage that you receive.
Understanding health insurance tiers are one of the most important parts when you compare health plans.
Health Insurance for Self Employed
When you are self-employed, the responsibility falls on you to keep yourself and your family protected with health insurance. However, purchasing a plan can be difficult if you are not sure where to go to get the best plan.
Many self-employed individuals look to their business insurance providers for their health insurance coverage. While this may provide some discounts, it may not provide the right kind of care coverage that they need.
To eliminate these problems and possibly save even more money on your health insurance plans, self-employed individuals are encouraged to contact Affordable Health Plans USA to do a comparison study.
Affordable Health Plans USA will make a side-by-side comparison of all available health plans in the area at the level of coverage that you want to help self-employed people find the right coverage. It is a beneficial and easier way to secure the right kind of health care coverage.
Health Insurance For Unemployed
The recent pandemic has caused many people to lose their employment and health care coverage. Some people have had the ability to convert over to COBRA coverage temporarily after their employment ended. However, COBRA coverage is for a limited time period and is often very expensive.
You do not have to have current employment to qualify for health insurance. You can contact Affordable Health Plans USA and make a comparison of available plans so that you can get the coverage you need during this difficult time.
Individual Health Insurance or Family Health Insurance
Having the right health insurance plan in place can provide you with the security you need when an illness or injury occurs. Medical care costs have soared in recent years, and even minor injuries like a broken arm or leg can cost over $10,000 in care. An extended illness, serious disease, or major injury could bankrupt a family without coverage.
Ensuring that you and your family have access to routine medical care can also help you stay healthier. Yearly checkups can catch medical issues before they turn into problems and spot problems before they become too advanced to treat. With health insurance in place, you can enjoy these routine visits and better health.
Of course, the current pandemic is also another reason to ensure that health coverage is in place. Although most people who contract COVID-19 suffer from mild flu-like symptoms, some people can develop serious medical conditions from the virus. Having health insurance in place protects you and your family if this should happen to you.
Selecting the right health care plan can save you money and ensure that you have enough protection to stay healthy. To find the right plan for your needs, contact Affordable Health Plans USA for a comparison today.
Are You Ready For 2021 Health Insurance Quotes?
Open enrollment only lasts from November 1 through December 15, 2020. You will have had to make a selection for your healthcare and finalize this decision by the end of day December 15, 2020, to ensure that you have the new coverage in place starting January 1, 2021.
When you compare the plans that you are considering for 2021, start with selecting the health insurance tiers you want to compare and then figure out if the plans offer you everything you need.
Some of the things that you should look for in your plan include:
– Yearly deductible amount
– Co-payment for services amount
– If your plan will allow out-of-network care and the associated costs
– Cost of testing and x-ray services
– Providers included in the plan
– Outpatient services, surgery centers, and testing facilities included in the plan
– Hospitals in plan
– Covered services such as yearly physicals and related costs
– Any additional benefits that the plan may offer as a member
When you have found a plan that covers what you want with providers you feel comfortable using, you will need to begin comparing pricing. Every insurance company will offer a different rate for their plans, even if the plan coverage is basically the same as other plans offered at that tier.
You will also need to check if there are any discounts available for these plans. Some insurance companies will offer discounts if you have other policies with them if you belong to certain organizations or work in certain industries.
Affordable Health Pans USA can simplify this entire process. We will take your basic information and then run a comparison of the available plans in the tier level you desire. Our comparison will give you all the important facts you will need to make an informed decision about your health care coverage for 2021. This is the best solution in finding the right health care coverage for you and your family.