Alternatives to Affordable Care Act Plans
Rates are so high now that many people will have no choice but to turn to alternative plans. Fortunately, there are some excellent ones. Sadly, there are also some terrible ones out there so it is best to have a competent guide into this. I have seen plans proliferating that will leave many families bankrupt even though they had been paying premiums. Please let us help you find the right one.
IMPORTANT!! None of the alternative plans cover pre-existing conditions. If a family member has serious health issues we may need to split the family into separate plans. Those who are in good health can save a fortune on these types of plans. The one who needs an Affordable Care Act plan will pay more but have the protection they need. These options are best for people who are in mostly good health. The prices are often 70% lower, or more, than ACA plans.
Plans that are permanent solutions
These are membership organizations that allow like-minded people to contribute funds to help each other pay medical expenses. This is the historical essence of all insurance but we can not call these plans insurance. They are not regulated as insurance companies are. This allows them to restrict the membership to those who agree to their standards. There are 30 such organizations and I have chosen the ones that offered the most comprehensive plans. A few have limitations that worried me but they are more similar than not. There are some differences in these that I will be happy to explain.
These plans require an application with health questions, and they can decline you, or put limitations on your plan if there is a condition they choose not cover. For myself, I will pay about $300 a year for my own care of my pre-existing condition, but this a good thing since I will save $7,000 a year in premiums. It isn’t scary when you know your risks. Call us at 615-646-4057 and let’s go over the options.
One of these plans might be a good a fit. The prices are very low and the coverage very good in most cases: Short Term Medical | Indemnity Plans | Limited Benefit Plans
Some are excellent and written by very reputable companies. I have seen some out there that are unbelievably bad. It is best to call us so we can help you choose wisely – 615-646-4057.