What is a High Deductible Health Plan
A high deductible health plan (HDHP) is a health insurance plan with traditionally low premiums but higher deductibles. Other types of insurance plans, such as PPO, POS, HMO, and more, can still be classified as an HDHP, depending on the deductible of the plan.
Is It Mandatory To Have Health Insurance in 2022?
There is no federal penalty for not having health insurance in 2022, but four states and D.C. will impose a tax penalty on those who do not. Since 2019, the Affordable Care Act (ACA) has not had an individual mandate penalty for those who are uninsured, and this will remain the case in 2022.
Updated Income Limits and Subsidy for Obamacare in 2021
If your annual income is between $12,760 and $51,040 you are eligible for ACA subsidy/Premium Tax Credit in 2021. If qualified, your monthly subsidy is ranging from $451 to $89 a month (lower income, higher subsidies).
Healthfirst Catastrophic Plan vs. Fidelis Care Catastrophic Plan
This article provides a detailed look at two catastrophic plans: Healthfirst and Fidelis Care. Catastrophic plans are meant for young and healthy individuals who do not regularly seek medical attention. Overall, Fidelis Care seems to be a more cost-effective plan, as it has a lower monthly premium.
Empire BlueCross BlueShield Bronze vs. UnitedHealthcare Bronze
Both HMO plans offer very similar services and payment plans. Both plans have a deducible of $5,500, give some reimbursement for a gym membership, and charge 50% coinsurance after deducible for services such as preventative care, primary care, specialty visits, and urgent care.
Oscar Health Simple Bronze vs. UnitedHealthcare Compass Bronze
UnitedHealthcare Compass Bronze has a 38% higher monthly premium when compared to Oscar Bronze, however, when it comes to in-network hospital coverage, UnitedHealthcare has more prominent hospitals covered when compared to Oscar. UnitedHealthcare also offers gym reimbursement where Oscar does not.
Healthfirst Bronze vs MetroPlusHealth Bronze B-2 - Review & Which one is best?
Healthfirst and MetroPlusHealth are both insurance options available on the NY State Health Exchange. Both offer bronze plans as explained in this article. MetroPlusHealth Bronze- B2 is a better option compared to Healthfirst because the monthly premium and deductible it's less expensive than Healthfirst, while still being able to to get similar care options.
Healthfirst Gold vs. MVP Health Care Gold - Reviews & Which one is best?
Gold health insurance plans are ideal for individuals who need more coverage and more frequent care. Healthfirst and MVP Health Care both offer gold plans, however, MVP Health Care offers better wellness support and may be a better choice if you prioritize wellness reimbursement. Many other aspects of the plan are similar to Healthfirst's gold plan such as co-pays, deductibles, and so forth.
When is Open Enrollment for 2022?
In most states, the 2022 Open Enrollment Period (OEP) begins November 1, 2021, and ends December 15, 2021. The federal government has declared a Special Enrollment Period (SEP) that re-opens the Affordable Care Act (ACA) marketplace through August 15, 2021.
Oscar Health Classic Bronze vs. Fidelis Care Bronze - Which one is best?
As open enrollment season approaches in November 2020, it's important to evaluate your options for health insurance. Oscar Health's Classic Bronze plan and Fidelis Care's Bronze plan have some similarities but are also different in terms of their benefits and post and pre deductible costs. Oscar Health's Bronze plan is the better choice, and poses more benefits to the user compared to Fidelis, it offers quality and affordability.
Health Insurance Premiums to Increase in 2021 - 4 Things to Know
13 health insurance plans in the state of NY proposed premium increases of at least 11%. The average Bronze plan costs $550 in NYC, this could increase to $660 or $770 in 2021. Proposed raise for 2021: Oscar 19.10%, Fidelis (New York Quality Healthcare Corp) 18.80%, HealthPlus HP, LLC (Formerly Empire)*16.60%, UnitedHealthcare of New York In 13.80%, MetroPlus, 9.60%, Emblem (HIP) 9.50%, MVP Health Plan, 6.70%, CDPHP 4.30%, Healthfirst PHSP, Inc. 2.40%, Healthfirst Insurance Company, Inc., 1.80%, Excellus, 1.50%, Healthnow New York, -1.90%, IHBC -3.70%.