When dealing with insurance claims, rebates, and local and federal tax incentives, things aren’t always black and white. That’s why hiring a licensed health insurance agent to help you deal with all the gray areas is always recommended. If you’ve been preparing your Covered California application, Good and Associates has a bit of expert advice for you.
Here you’ll find a lost of some advantages of working with an agent on your Covered California application.
What Exactly is Covered California?
The Covered California program is a way to obtain financial assistance under the Patient Protection and Affordable Care Act when purchasing a health care plans. Some may be eligible to qualify for a discount when purchasing their insurance plans through the program, others can also obtain coverage through the state’s Medi-Cal program.
By providing tax credits to insurance companies to reduce monthly premiums, Covered California is able to provide individuals and families with reduced insurance costs. But each case is different, so enlist the services of a trained health insurance agent before submitting your application.
Covered California, Medi-Cal & Individual Insurance Differences
In the simplest of terms, Covered California is only a marketplace that provides different insurance options for the state’s residents. The health insurance companies only partner with Covered California, meaning they’re still private companies. That means you aren’t forced to apply for coverage through Covered California, but many choose to do so because it can lower their out-of-pocket medical expenses. Again, checking with a reliable health insurance agent will help you get a better understanding of what’s right for you.
Medi-Cal is the state’s low-cost option, covering low-income adults, families with children, seniors, and those suffering from disabilities. It’s not connected to Covered California. To decide which of the three works best for you, consult your local individual health insurance agent.
Call us to provide Covered California assistance!
When you’re having difficulty navigating the murky waters of health care insurance, Good and Associates is always available to walk you through the process. To find a solution that works for your individual needs, contact our team or visit our website today.