Affordable Health Insurance In Phoenix, Arizona
If you live in the Phoenix, Arizona region and are in need of health insurance, you may have a bit of a challenge ahead of you. Finding health insurance in Phoenix, in 2020, is not as simple as it may seem. As with other large bustling cities, it can be really difficult to find an insurance professional that is willing
to take the time to help you sort through the myriad of health plans out there. And without professional assistance, things can get really confusing - fast.
There are a number of factors that you will want to consider when attempting to purchase the ideal health care plan for you or your family. The first item on your list should be which type of health plan should you consider - HMO, PPO, POS, EPO, etc.?
Are you looking for an Affordable Care Act plan, or are you looking for a wider range of options?
Interesting Fact: One of the factors contributing to high health insurance costs in the U.S. is fraud. Fraud costs the medical and health insurance industry as much as $200 billion a year. This includes abuse of prescription painkillers. The U.S. Center for Disease Control estimates that 12 million adults used prescription drugs for nonmedical reasons in 2010. Of these, there were 170,000 seniors who "doctor shopped," getting prescriptions from at least five doctors for controlled substances.
Short Term Health Insurance
You may want to add short-term insurance to your list of options. Short-term insurance is not so short anymore.
Thanks to new government guidelines, there are now short-term insurance plans that you can keep for much longer than what was previously possible. In addition, the benefits of many short term plan options have been significantly improved.
While short term health insurance plans do not offer the comprehensive level of insurance coverage of an Affordable Care Act Health Insurance plan, the features and benefits
are now more comparable than ever before. Plan pricing tends to be more affordable. In some cases, a short term health plan may be just the ideal health plan fit. Get an instant short term health insurance plan rate quote
Healthcare Sharing Programs
There are also healthcare sharing programs. Consumers are choosing healthcare sharing programs, (also known as faith based health plans), over traditional insurance in ever increasing numbers. A Healthcare sharing plan is not an insurance plan - at least not in the legal sense of the word.
These plans are designed to meet the same needs as traditional health insurance. The difference is, these plans are not governed by the ACA (Affordable Care Act) rules and regulations. The result is an umbrella of health plan
options that can offer a benefit structure that is different than what is available via an Affordable Care Act plan. These plans are noted by their flexibility and affordability. Get an instant Healthcare sharing plan rate quote
All of the above options are available in Phoenix. You need only to choose which health plan option will best suit your needs. Because health insurance is such an important necessity, you should seek the assistance of a licensed insurance professional.
Phoenix is the capital and most populous city of Arizona, with 1,626,000 people (as of 2017). It is more than twice the size of Tucson, and the fifth most populous city in the United States. It is the Arizona state capital.
It is located within Maricopa County and is known for its year-round sun and warm temperatures.
One of the simplest means of acquiring a health plan, is to purchase a plan on Healthcare.gov
. To purchase a plan via Healthcare.gov, you will need to apply during the open enrollment period. This period is normally about a month and a half long,
and occurs during the fall of every year. This is the only time you may enroll unless you qualify for enrollment due to special circumstances. If you fall within a certain specific income bracket, you may qualify for subsides, which are income-based discounts on the monthly premiums.
There are several health plan options that are available to you, that are not part of the Affordable Care Act portfolio. They include short-term health plans, (which are not so short anymore) and healthcare sharing programs, (Sometimes referred to as faith-based health plans).
After deciding on where you plan to purchase your health insurance, the next step is to decide which type of plan is best for you. These plan types include: Preferred Provider Organization (PPO), Health Maintenance Organization (HMO), Exclusive Provider Organization, or a Point of Service Plan (POS), and more.
The structures of the various plans are quite different. Be sure to seek assistance from a licensed insurance agent, if you are not intimately aware of unique health plan differences. The impact of purchasing the wrong plan can be emotionally and financially significant.
Good to know: Make sure you understand how your plan works. Keep those plan benefits documents handy and easy to find when you need them. They can provide great info on what you'll pay for different types of services, and what the rules of your insurance plan are - such as whether you need to choose an in-network primary care physician or if you need a referral to see a specialist.
|Abrazo Arizona Heart Hospital
1930 E Thomas Rd
Phoenix, AZ 85016
Telephone: (602) 532-1000
Plus Code: FXJ6+C4 Phoenix, Arizona
Once you have selected a plan type you desire, you should look at the size of the health care network and estimated out-of-pocket costs. Any insurance plan summary will lay out how much you may likely pay out of pocket,
for deductibles, copayments, and co-insurance, should you encounter a medical circumstance. Generally, the lower the premium the higher your out-of-pocket-costs.
The final step is to compare the offered benefits with your family's specific medical needs. This consists of making sure that the plan provides for any needed medications, coverage during travel, and any reoccurring care required.
Other articles:Explaining The Growth of Healthcare Sharing Healthplans
Finding Short-Term Health Insurance.
3 Important Tips to Getting Medicare Supplement Insurance In Arizona.