With the passing of the Affordable Care Act, everyone is now required to buy health insurance or face a fine. But you still have the choice of whether to shop the online marketplace for a policy or to find coverage through an independent insurance agent.
Online health insurance marketplaces — such as the HealthConnector in Massachussetts — were set up by state and federal governments to give you the option to shop for a plan on your own. These websites include numerous resources so you can better educate yourself on what types of health insurance plans are available, along with the coverage they provide. You may also have the ability to purchase coverage for less if your income is below a certain level and you do not have employer-sponsored health insurance.
While online marketplaces can be a good resource if you enjoy doing, many people don’t want to spend a lot of time choosing health insurance policies. They want the process to be handled as quickly and efficiently as possible. This is where working with an independent agent can really help.
Independent agents have extensive knowledge on the subject of health insurance, which can use to take the onus off of you when researching policy options. Your agent will work with you to find out what types of coverage are most important, then he or she can make recommendations on policies that best meet your needs and budget.
Professional assistance eliminates a lot of the guesswork, especially if you’re not terribly familiar with health insurance and the Affordable Care Act plans. With a solid understanding of the coverage you own, you can seek medical care for you and your family while still being fiscally responsible.
Need help getting started? Call Simpson Financial Group at (877) 727-7780 for more information on the Affordable Care Act enrollment options we offer.