Health Insurance Marketplace Open Enrollment 2018: 10 Reasons It’s Especially Important for Women
It’s Open Enrollment time for health insurance on the Marketplace (Obamacare)!
In case you haven’t heard, it began on November 1 and will officially close on December 15th.
For your coverage to begin on January 1, 2018, you have to enroll before the December deadline.
While millions of women have already enrolled in a health insurance plan, but there are still many who don’t have any coverage.
If you’re one of those who has put off securing health insurance coverage (or renewing!) for one reason or another, listen up – this is for you!
Check out these 10 reasons you need to get on the ball.
1. Everyone needs a check-up.
Not only should you be seen yearly for mammograms and other preventive care, at some point you may get sick and require an antibiotic or break an ankle skydiving. The point is: There are a lot of reasons that you need to have access to a physician who you see regularly.
2. Women are unique.
As a woman, you have specific healthcare needs. Think pap tests and mammograms, for starters. But, that’s not all. There are additional screenings and other services for which you need to be covered in order to maintain your health.
3. You’re getting older.
Your needs change as you age. For example, maybe you’ve turned 26 and can no longer be covered under your parents’ insurance. Being young doesn’t mean you can ignore your health. It’s important that you care for yourself at every age.
4. Saving money is always a good thing.
Do you have any idea how much money you would be out if you had a major health event without coverage? You don’t want to find out.
In addition to saving money by not having to pay for a health calamity out-of-pocket, you could qualify for a tax credit or a discount that could save you even more.
5. Insurance plans can change.
The details of a health care plan can be different from year to year. If there are going to be changes to your plan that will significantly affect coverage, you may want to look for a new one.
An independent insurance expert will be able to guide you to a choice that’s the most suitable.
6. Your employment may change.
If you experience a job loss, you could find yourself without coverage.
The Open Enrollment Period is the time to sign up for healthcare coverage through the Marketplace – at least until you have a new employer that offers health insurance.
7. It’s getting easier to apply during open enrollment.
Have you been putting off getting coverage just because it seems confusing and overwhelming?
As time goes on, the application process is getting much easier. Plus, getting the help of an independent insurance agent will make a big difference because they will be able to explain the process in a way you can understand.
8. You risk a penalty for going without.
Under the Affordable Care Act (Obamacare), you’re obligated to have health insurance.
If you can afford it but don’t get it, you’ll have to pay a penalty on your taxes for that year.
9. Policies need to renew every year.
Insurance companies may automatically re-enroll you each year, but others don’t.
Even if your company does do auto-renewals, you’ll still need to reevaluate your needs and update your income.
10. Taking risks can backfire.
It’s not wise to ignore your health, no matter your age or situation.
It’s a no-brainer when you think about the financial ramifications if you were to break a bone, need surgery or get a complicated diagnosis.
Let the experts help
It’s important that you take care of your healthcare needs during the Open Enrollment Period to avoid problems down the road.
At InsureOne Benefits, we have the expertise to look at the big picture and guide you in the right direction. Give us a call today!
Have you started thinking about your healthcare coverage during this Open Enrollment Period yet?