Why Have Health Insurance?
One of the key components of a sound financial plan is having proper health coverage, but in the United States, one of the leading causes of bankruptcy is medical debt. Health Insurance is a necessity in today’s world when it comes to safeguarding you and your family emotionally and financially. Having the proper coverage at a reasonable cost can protect you from the economic hardships that can arise if you or a family member becomes ill or is disabled. For businesses, this means providing the right health benefit packages for your employees; reassuring your workers that they are protected.
At Landmark Insurance & Financial Group our Life and Health Agents continually educate themselves in order to keep up with the ever changing health care reform and are committed to offering the best health insurance options available. Our agents specialize in Individual Health Plans, including Vision, Dental, and Supplemental insurance, as well as Group Benefit Plans.
What You Should Know
In 2014 the Affordable Care Act (ACA) was passed, which required that all Americans have some form of insurance that provides at least the minimal essential coverage. To obtain this coverage, the Insurance Marketplace was created, a place where you can “shop” for a health insurance plan at your leisure, or your own risk.
How We Can Help
Some of the most common questions clients ask out Team here at Landmark Insurance are: Am I required to buy Health Insurance? Am I eligible for a tax credit? What are the alternatives to Obamacare? If I am self-employed, how do I determine my tax credit? And, how does Obamacare affect my children’s health coverage? If you have these questions, you are not alone.
This is where our knowledgeable Health Care Specialists come in; it is not YOUR job to be an expert on extended coverage policies or tax credits, to know that all plans must provide free preventative care, and that you can NOT be turned away for a pre-existing condition.
Let Landmarks’ Health Care Specialists thoroughly answer your question on a case by case basis, and explain the pros and cons of premium costs, prescription medication costs, the cost of hospital visits.
Have the discussion on how having a low premium generally means having higher out-of-pocket costs when you need care, while having a high premium plan can mean having lower out-of-pocket costs and whether a Health Savings account (HSA) is right for you. Speaking with a Landmark Specialist can allow you to make an educated decision based on our researched knowledge.
Depending on your income, you may even be eligible for an advance payment tax credit that can lower your monthly premium right away. These are just a few key points that you may miss out on if you try to navigate the Health Insurance Marketplace on your own.
With all of the different health plans available, it can be challenging to select the plan that best meets the needs for you, your family or your business, and ultimately, your financial budget. Let Landmark Insurance & Financial Group help you today!