Get An Instant Quote Now



Affordable Health Insurance In Indiana



If you live in Indiana and are in need of healthcare coverage, you may have somewhat of a challenge ahead of you.  Finding quality Indiana health insurance in 2024, is not as simple as it may seem.  The problem is, it can be quite difficult finding a knowledgeable insurance professional that is willing to take the time to sort through the myriad of health plan choice that are available to you.  And going it alone, in an increasingly confusing health plan marketplace, is a prescription for a potential disaster

The good news is, we are health plan experts with a wealth of experience.  We are just a phone call away and are here to help.

There are a number of factors that you will want to consider when attempting to purchase that 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?

Good to know:  Ask for samples.  Your doctor's cupboards are full of free drug samples, courtesy of the pharmaceutical industry.  If your child is getting shots, ask for a trial size pain reliever in case he needs it later.  If you're trying a new antibiotic or rash cream, your physician may even have enough samples to cover your course of treatment.  Also, check out the drug company's Web site, which sometimes offers coupons or free samples.
courtesy of Parents.com


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 policies in parts of the country that you can keep up to a year or more.  In addition, the benefits of many of these short term policies 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.  And short term health insurance plan pricing tends to be more affordable.  In many cases, a short term health plan can be the ideal health insurance fit.  Get an instant short term health insurance plan rate quote

Healthcare Sharing Plans

There are also healthcare sharing plans.  Consumers are choosing healthcare sharing plans, (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 Indiana.  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.

Interesting Fact:  The per capita price of healthcare per year is higher in the United States than in any other nation in the world.  In the U.S., healthcare spending accounts for 17.9 percent of the Gross Domestic Product (GDP), or the total value of goods and services produced by the entire nation for the entire year, according to the Centers for Medicare & Medicaid Services.


Healthcare.gov

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 plans, (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 can be quite different.  Be sure to seek assistance from a licensed health insurance agent.  The impact of purchasing the wrong plan can be emotionally and financially significant.

Good to know:  When communicating with your insurance company, always get the name of the customer service rep you spoke to as well as the call reference number when possible.  Jot down the time and date as well.  The majority of insurance companies use call reference numbers to document your call or record it for quality assurance.  This can help a lot when appealing to the insurance company.  Especially if you are told a product/procedure is covered by your policy or that a medical claim is being reprocessed for payment.


IU Health University Hospital - affordable health insurance
IU Health University Hospital
550 N University Blvd
Indianapolis, IN 46202
Telephone: (317) 944-5000
Plus Code: QRGF+58 Indianapolis, Indiana




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.  An 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 plan 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.
Resources