Colorado Health Insurance
The marketplace for health insurance in Colorado is robust and offers people a number of options. You can choose from short term Colorado health insurance or Obamacare plans that are legislated by the Affordable Care Act. There are also Medicare plans like Medigap and Medicare Advantage that are designed for seniors and those with disabilities. These are the kinds of health insurance options that can fit any need and situation to give you coverage that matters to you and that saves you money.
The Short Term Option Is Ideal for People in Transition
One kind of healthcare insurance that is rapidly gaining popularity is the short term plan. This is a kind of healthcare insurance policy that is going to work very well for people who have little money for health insurance or who are going through a time of change in their life. That’s because you can sign up for these plans at any time. They cost very little (sometimes as little as $100 or less per month) and they give you limited coverage for a short period of time. A short term plan typically lasts between 30 days and 364 days.
Short term plans are ideal for anyone who is in between jobs at the moment and cannot get coverage from their employer. It is also good for people who are travelling and need coverage that will take care of them out of state, when their current plan will not. Short term plans are also ideal in situations where you cannot qualify for a major medical plan or you cannot afford a high coverage plan. You can simply sign up for the short term plan for as long as you need and then cancel it when you are ready to enroll in something else.
Short term plans are sold by major medical providers like Pivot, National General, and United Healthcare among others. We recommend that you use our website to look at their rates and see how they compare.
Obamacare Plans Offer Affordable Insurance
The Affordable Care Act established what are known as Obamacare health insurance plans. These are plans that all come with the same minimum coverage and often include some additional coverage too. The minimum coverage on any Obamacare plan will take care of what are considered to be essential medical services. These include healthcare expenses such as hospital stays, doctor’s visits, both inpatient and outpatient care, maternity care (childbirth and pregnancy), rehab treatment, mental health care and more.
Obamacare plans are designed to be affordable. They are typically not as cheap as short term plans, but they are still pretty inexpensive. In general, an Obamacare plan would cost you 9.5% of your annual income. How much you pay is based on where you fit in the poverty level as well as your age, location and the level of coverage that you get. There are bronze, silver, gold and platinum levels of coverage available, and the higher your coverage, the more you will pay for this Colorado health insurance plan.
You can check the rates here on our site and see how Colorado health insurance providers charge for their plans. There isn’t a standard price for Obamacare plans, so you can get rates that are wildly different for exactly the same level of coverage. Using our site lets you access multiple quotes and see how different insurance companies compare. It’s the fastest and easiest way to get rates, saving you a lot of effort.
Obamacare plans are available to anyone who is considered to be a low income earner as well as anyone who makes up to four times the national poverty level. If you are not sure if you qualify, then please give us a call and let us help answer your questions and detail your options.
Medicare Plans Meet the Needs of Seniors
With a Medicare Advantage and Medigap plans, you are getting a government-approved healthcare policy that is sold by private insurers. Medigap plans are able to cover various expenses that are relevant to seniors, such as the deductibles and coinsurance related to Medicare parts A and B. They can also cover nursing care costs, regular checkups and blood used during surgery, among others. Medigap plans fill in the coverage gaps that Original Medicare leaves, while Medicare Advantage adds a lot of extra coverage onto the Original Medicare plan. And Advantage plan will provide cover for emergency care, urgently needed care and sometimes an entire prescription drug plan.
You’ll want to look at these two types of plans and consider their pros and cons carefully before you make a decision. Generally, you need to be 65 years old and have a valid Original Medicare plan before you can be enrolled in either a Medigap or Medicare Advantage plan. Medigap plans are available for enrollment in Colorado as soon as you turn 65. Medicare Advantage plans can only be signed up for after you are 65 and during the enrollment period that runs from October-December.
Which Plan Is Right for You?
We have shown you the options for Colorado healthcare policies, and now you may be thinking about which one is right for you. Don’t rush into any insurance plan, and be sure to make use of our site and the ability we offer to source quotes and compare those quotes. We will give you a list of rates for any plan you are searching for, and this ensures you get local pricing information that helps you to make a more informed choice.
If you have any questions, be sure to let us know. We are happy to answer them for you and provide professional advice related to health insurance. Feel free to make use of our site as often as necessary until you sign up for your Colorado health insurance plan. You can also come back and use the site after you have a plan, if you want to stay on top of the current prices and see if there might be a cheaper price elsewhere.
Short Term Health Insurance Plans