- Posted by Canopy KC
- On January 8, 2016
- 0 Comments
New Year’s resolution: find an affordable health insurance plan in Kansas City. Lucky for you, this resolution is obtainable and has to be fulfilled no later than January 31, 2016, so there’s no time to wait. Open enrollment, November 1, 2015, thru January 31, 2016, is the time period that you can either renew, change or enroll for health insurance for the first time with the exception being a life changing event i.e. marriage, birth of a child, loss of job or divorce. The key to finding an affordable health insurance plan in Kansas City is to educate yourself prior to making any decisions.
Back to the Basics: Simple Definitions
- Insurance Broker/Agent: An individual who is licensed, trained and in many cases, certified to assist individuals on the Federal Health Insurance Marketplace. Brokers and Agents can offer a wide variety of insurance options to consider. Knowledge and experience are the fundamental qualities of a broker/agent. In most every case, using a broker or agent will not cost you anything extra.
- Insurance Companies: Companies that offer insurance policies such as Blue Cross Blue Shield, Humana, Coventry, and The Marketplace.
- Health Maintenance Organization (HMO): An insurance plan that requires you to select a primary care doctor as well as requires referrals and approval to see a specialist.
- Preferred Provider Organization (PPO): An insurance plan with increased flexibility in choosing primary providers as well as the ability to see a specialist without a referral or approval.
- The Affordable Care Act (ACA): The ACA or better known as Obamacare states that health insurance coverage is available to everyone, and health insurance companies can no longer deny coverage based on pre-existing conditions. You may qualify for financial assistance to help with monthly premiums through the government subsidy program.
Where to Find Affordable Health Insurance Plans in Kansas City
- Direct from insurance company: You can call direct to the insurance company and speak to a representative (not licensed broker or agent) or compare and contrast plans on the company website. In this situation, your options are limited to that company only.
- The Marketplace: Every State has an online Marketplace or website with subsidized health insurance plans, but the official Marketplace website is www.healthcare.gov. There are tools available online to assist you in this process but it can be confusing.
- Insurance Brokers or Agents like those at Canopy have access to compare multiple plans from different carriers in this region and will assist you in determining the best option for individual or family health care coverage. An added benefit to the customer service you receive is that there is no out of pocket cost to the broker from you when deciding on health insurance.
The health insurance industry is frequently revised due to regulations and new federal and state laws. The time and effort it takes to research each insurance company and comparing different plans is time that most individuals do not have. So, this New Year fulfill your resolution to find an affordable health insurance plan in Kansas City with a personal health insurance assessment at Canopy.