Yes! You can enroll for health insurance during Open Enrollment starting November 1st until December 15th, 2020.

Outside of that time, you can qualify for Special Enrollment Period with “qualifying life events”. Some of these events include divorce, loss of employment, income change, new dependents, or moving to a new area. You will have to prove that you had a qualifying life event, and find health insurance within a certain window of time. Shopping with the help of resources of a local independent insurance agency helps make this process faster, and get you covered as soon as possible.

Health insurance costs vary in many ways. Deductibles, coinsurance, and copayments all play into what your health insurance costs will come out to. Studies have shown that in 2017 the average individual premium was $393 without any subsidies. By comparing quotes, and speaking with a licensed agent, you might be able to find prices significantly lower than this, that still meet your needs. Taking the time to shop around and compare can make a huge difference in what you’re paying for your health insurance.

Prices are fixed by law, so you will not find better prices for the same plan anywhere else. But comparing your options might help you find low-cost health insurance. You can shop around online and use free quotes from Suhr & Lichty Insurance to find providers that offer high-quality, low-cost individual and family health insurance plans. Seeing all your options could make finding low-cost health insurance easier.

Coinsurance is the percentage of healthcare costs you pay after you have met your deductible. Essentially, coinsurance is anything that comes out of your own pocket while sharing costs with your health insurance provider. If your coinsurance is 20%, that means insurance is paying for 80% of the costs for your healthcare.

A high deductible health insurance plan has higher deductibles and lower premiums than most other health insurance plans. This means you pay a smaller fixed amount every month, but it will take a longer time for insurance to kick in and begin cost-sharing (meaning you will pay your percentage of coinsurance for every bill). You might benefit from this plan if you don’t require many doctor’s visits or other healthcare benefits. Look at quotes for high deductible health insurance plans to figure out if this plan is right for you.

If you are looking for individual or family health insurance, it helps to get advice and ask questions. Licensed insurance agents at Suhr & Lichty Insurance Agency are here to help you make the right decisions for you and your family. They can give personalized opinions on what plans will work best for you based on budget and medical needs. Enrolling in a health insurance plan with the help of an agent comes at no extra cost to you.