Buying Health Insurance through the Online Marketplace
We Can Help You Buy Insurance in the Online Marketplace for No Additional Charge
Our knowledgeable insurance advisors are certified to help you buy health insurance through the online marketplace at no additional cost to you.
We Can Help:
- Calculate your subsidy
- Compare all the various coverage plans and costs
- Download our Brochure
The Affordable Care Act of 2010 was designed to make health insurance affordable and accessible to all Americans. As of January 1, 2014 all Americans are required to have health coverage or pay a penalty.
The Marketplace (www.healthcare.gov ) is a website run by the United States Department of Health and Human Services. If you buy insurance through the Marketplace you may be eligible for a tax credit on your premium.
The Insurance Advisors at Your Health Insurance Shop are all certified to buy insurance for you through the online Marketplace at no additional cost to you. They will help calculate yours subsidy, and compare all the plans and costs.
It is estimated that 17 million people In the United States (715,000 in Pennsylvania) will be eligible for some subsidy amount which will be based on your Adjusted Gross Income and the number of people living in your household – information that is available on your income tax return.
As you view the Marketplace website you will see that there are many options available to you based on where you live and the plans that are offered in that area, your age, and gender and if you smoke. Each insurance company's plans are classified as, Bronze, Silver, Gold, and Platinum. Each level of plan has a different level of premiums, co pays and annual deductibles. The choice can be confusing and the website can be challenging to use.
That's OK - we can help. Call us today at 800-491-3642. Our qualified agents can walk you through the process to make certain you have the right insurance coverage to meet your needs and fit your budget. And there's no increase in cost to go through Your Health Insurance Shop. Our fees are covered by the insurance companies - so you won't even pay more for our expert advice.
What Does It Mean to YOU?
- You can't be turned down for "pre-existing conditions" (health problems you had before you applied for coverage).
- You can't be charged higher premiums based on gender. (For example, a woman isn't charged more because she might become pregnant.)
- Your coverage can't be stopped if you have many claims or high expenses caused by an accident or major illness.
- If you don't have insurance, you may have to pay a penalty. If you have insurance through work or if you buy your own individual plan, you're covered and there is no penalty.
- You can only purchase insurance at one time of the year.
- Even the most basic plans cover a wide variety of Essential Health Benefits that include Hospitalization, Emergency Services, Prescription Drugs, Ambulatory Patient Services, Pediatric Services (including dental and eye care), Rehabilitative Services, Maternity and Newborn care, Mental Health and Addiction, Laboratory Services, and Preventative and Wellness Services
The Importance of Reliable Medical Coverage
A high-quality health care plan helps you stay healthy, avoids lost income due to illness, and pays for needed medical care. Today, purchasing a plan is easier than ever when you work with Your Health Insurance Shop to find the right coverage at the right price.
Subsidies and Tax Credits - Do you Qualify?
To help lower and middle income families and individuals, the government offers Tax Credits and Cost Sharing Reductions.
If you qualify, Tax credits are applied lower your monthly premium. Cost Share Reductions also lower the out of pocket costs (like co-payments, deductibles, and co-insurance). You can learn more by watching the video on the Will I qualify for lower out-of-pocket costs page on the Healthcare.gov website.
Making it Easy for You
Call us today at 800-491-3642.
Let us help keep your family's future secure from overwhelming medical bills. Contact us today.
Health Care FAQs
My current plan has been eliminated. Can I get a new plan though Your Health Insurance Shop?
Yes, we can talk with you to learn your needs and budget, help you select a plan, and sign up through the Healthcare website.
Do I have to pay extra if I go through an agency like Your Health Insurance Shop?
No. All of our fees are covered by the insurance companies. You'll gain our experience and expertise at no additional cost to you.
How do I know if I qualify for subsidies?
You can use the Subsidy Calculator from the Kaiser Family Foundation.
What is Modified Adjusted Gross Income?
For most people, Modified Adjusted Gross Income (MAGI) is the same as your Adjusted Gross Income (AGI). This is an important calculation on your tax returns. AGI is all of your income less several common adjustments. MAGI had a few more possible additions and deductions that must be calculated. For many people AGI is the same as MAGI.
How much is the penalty if I don't have insurance?
If you do not have coverage through your employer and you do not qualify for Medicaid or Medicare, you may have to pay a penalty. Call us for more information at 800-491-3642.
- Check the Subsidy Calculator at
- Learn how to
calculate your Modified Adjusted Gross Income for the
Affordable Care Act in a PDF from UC Berkeley Labor Center.
- Read the Law at Healthcare.gov
how the Affordable Care Act affects