All About Affordable Health Insurance Plans


While consumers search for affordable Web Posting Mart health insurance, they have price as the top priority. A general conception among consumers is that cheap health plans should not be costly- their target is the most affordable health plan available in the market. However, this approach is not good. Sometimes, paying for a cheap health insurance plan but still not getting the required coverage results only in a waste of money.

With the implementation of the Affordable Care Act, the reach of affordable health plans is set to increase. Or at least, this is what is believed to be the objective of healthcare reforms. However, many consumers are still confused about how things would work. This article will discuss some detailed options consumers can try while buying affordable health plans.

All About Affordable Health Insurance Plans 1

Consumers must take certain things to get a hand on affordable health insurance plans. The first among them is about knowing the options in the particular state of the residence. There are lots of state and federal government-run programs that could be suitable for consumers. Knowing the options is pretty important. Next would be to understand the programs’ terms and conditions and check the eligibility criteria for each.
Further, consumers should know their rights after implementing healthcare reforms. Within a few days, they may qualify for a particular program or be allowed to avail themselves of a specific health insurance plan. If consumers take these steps, there is no reason they can’t land on an affordable health plan that could cater to their medical care needs.

Let’s discuss some options related to affordable health insurance plans state-wise:

State-run affordable health insurance programs in California

While considering California, the state government runs three affordable health insurance plans. Consumers can benefit from these if they are eligible for the benefits.

• Major Risk Medical Insurance Program (MRMIP)

This program is convenient, offering limited health benefits to California residents. If consumers cannot purchase health plans due to a preexisting medical condition, they can see if they qualify for this program and get benefits.

• Healthy Families Program

Healthy Families Program offers Californians low-cost health, dental, and vision coverage. This is mainly geared to children whose parents earn too much to qualify for public assistance. MRMIP administers this program.

• Access for Infants and Mothers Program (AIM)

Access for Infants and Mothers Program provides prenatal and preventive care for low-income pregnant women in California. It is administered by a five-person board that has established a comprehensive benefits package, including inpatient and outpatient care for program enrollees.

Some facts about affordable health insurance in Florida

While talking about affordable health insurance options in Florida, consumers can think about the below-mentioned options:

• Floridians who lost their employer’s group health insurance may qualify for COBRA continuation coverage in Florida. At the same time, Floridians who lost group health insurance due to involuntary termination of employment between September 1, 2008, and December 31, 2009, may qualify for a federal tax credit. This credit helps pay COBRA or state continuation coverage premiums for up to nine months.

• Floridians who have been uninsured for six months may be eligible to buy a limited health benefit plan through Cover Florida.

• Floridians with low or modest household incomes can try the Florida Medicaid program. Through this program, pregnant women, families with children, medically needy, elderly, and disabled individuals may get help.

• The Florida KidCare program can help Floridian children under 19 years who are not eligible for Medicaid and are currently uninsured or underinsured.

• A federal tax credit to help pay for new health coverage to Floridians who lost their health coverage but are receiving benefits from the Trade Adjustment Assistance (TAA) Program. This credit is called the Health Coverage Tax Credit (HCTC). At the same time, Floridians who are retirees aged 55-65 and receiving pension benefits from the Pension Benefit Guarantee Corporation (PBGC) may qualify for the HCTC.