Marketplace Health Insurance

Marketplace insurance, also known as the Affordable Care Act (ACA) or Obamacare, is a system for health insurance coverage in the United States that was established in 2010. The ACA provides state-operated insurance exchanges where individuals, families, can purchase health insurance plans during the open enrollment period. The goal of the ACA is to extend affordable health care to more people by offering subsidies to lower costs for households that qualify. Additional provisions eliminate pre-existing condition restrictions.

Private health Insurance

Private health insurance is a type of coverage provided through a private insurer. It helps cover the cost of various medical services, and can be individually purchased or provided by an employer.

Benefits of private health insurance include:

1. Choice of providers: You often have the flexibility to choose your healthcare providers.

2. Faster treatment: Private health insurance can shorten waiting times for elective surgery.

3. Private hospital rooms: If you’re hospitalized, private health insurance often provides coverage for a private room.

4. Cover for additional services: Many private plans offer coverage for services not typically covered by government programs.

5. Preventive Care: Many plans provide coverage for preventive services, like screenings and vaccinations.

6. Financial protection: Health insurance can prevent high or unexpected medical bills from becoming a severe financial burden.

7. Customization: Private health insurance plans allow for customization to fit your specific needs and budget.

Short-term Health Insurance

Short terms – for people who just lost employment and need something to fill the gap between coverages. Underwrite at the point of a claim and they never cover preexisting conditions.