Tag Archives: Exchanges

Shopping in the Marketplaces

A Different Kind of Mall

Shopping season is here! And not just for the holidays. The Open Enrollment Period (OEP) is now in full swing for you to buy health insurance too. It’s time to start comparing plans, and you should start with the marketplaces.

State Public Marketplaces

The Affordable Care Act requires each state have a Public Exchange, or Marketplace. These are like an online mall where you can compare the price and benefits of each product, much like you would with a big purchase like a television, a phone or a mattress. Only, in the exchanges, you’re comparing individuals’ health insurance plans.

Individual plans are what you shop for if you don’t have insurance through your employer and you don’t qualify for Medicare or Medicaid.

Our Private Marketplace

Health Alliance has its own Public Marketplace too. This shows you only our plans available in the Public Marketplace. You can find our plans in the state Public Marketplace too, but if you already know you would like the customer service and personal attention of Health Alliance, you can compare plans in our Public Marketplace with less clutter and confusion.

To put this in easier terms, if you know you want Levi jeans, finding what you want in a Levi jeans store will be easier than shopping in a department store. Shopping in Health Alliance’s private marketplace is no different.

Our Direct Marketplace

You can also shop for individual plans in our Direct Marketplace. It has all of our private plans, which offer more plan, doctor, and drug choices.

It is more like a specialty store that has many options, like going to Best Buy to shop for televisions. Here, you can pay more for premium features if want them, or you can find something that balances both price and benefits.

Learn more about the exchanges, or start shopping for plans at HealthAlliance.org or by calling us at 1-877-686-1168.

Young Invincibles Growing Up

Young Invincibles Feel the Love for Health Insurance

Young Invincibles

Young invincibles are young, healthy, independent, and don’t have a lot of cash to throw around, but, like everyone else, they need help when it comes to:

  • Understanding their options under the new health care law
  • Choosing the plan that’s best for them
  • Listening to their mother

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Conventional Wisdom

All kidding aside, the conventional wisdom surrounding young invincibles in need of insurance isn’t so conventional, after all. Sure, they aren’t flocking to the exchanges in droves, but they aren’t avoiding them, either.

In fact, according to this article by Aaron Smith, co-founder and executive director of Young Invincibles, as well as this press release from his organization’s website, it seems these youngsters are signing up in numbers proportional to the overall population, and possibly even at a higher rate than their older and wiser counterparts.

So good job, Mom—it turns out you raised them right!

What’s the Deal?

This may be their first time around the health insurance block, but the appeal to reason, and their very limited budgets, is bringing youthful buyers to the table. One small car or bike accident, sports injury, or even a bad case of mono could add up to HUGE medical bills that a struggling student or first-rung employee could never afford.

While many feared the typical response to the pay premiums vs. pay a tax penalty debate would be to just pay the penalty, stats show many young invincibles can do the math:

Paying a penalty and all of their potential medical costs for a year is not a good deal.

Not so Invincible, After All

It’s important to note that young invincible isn’t a title these people gave themselves. Obviously, they’re well aware it’s a big, dangerous world out there, and the smart play is getting yourself covered.

In fact, not only are your super-smart kids signing up to protect their wallets, they’re actually signing up to protect their (gasp!) health. They’re taking advantage of subsidies to buy up from the high-deductible catastrophic plans many assumed they would purchase, and investing in more benefit-rich Silver, and even Gold and Platinum, plans.

And why wouldn’t they? With many plan premiums starting under $100 a month, it’s a small price to pay for peace of mind and financial security.

Take Good Care of My Baby

So Mom, while we know you always want to take care of your kids, maybe it’s OK to let them leave the nest. And here’s something else that might ease your mind:

We’re here to help.

Keeping your family healthy and safe is a priority for us, too. Maybe you already have our group or individual plans, or know someone else who does. After all, we’ve been helping people find plans that meet their needs and situations for over 30 years, since before most of the young invincibles were even a gleam in anyone’s eye!

We have great plans, a great network of doctors and hospitals, and great people ready to explain the options, answer questions, and find the right match for your babies, as if they were our own.

Get signed up. To learn more or shop for plans, call 1-888-382-9771, visit us online at HealthAlliance.org, or stop by our Anthony Drive location in Champaign today!

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