When you think about buying health insurance nowadays, you might think about going through the online marketplace so that you can purchase a policy that is compliant with the Affordable Care Act. In some ways, this is a good way to purchase health insurance, since you might qualify for subsidies. However, for many people, buying a non-ACA health plan actually makes sense, too. These are some of the benefits that you might be able to enjoy if you choose to purchase health insurance in this manner.
You Don't Have to Worry About Your Income
When you purchase an ACA health insurance policy, you will typically be asked about your income. Those who have a lower income often qualify for more affordable health insurance through the ACA marketplace because these plans are subsidized for those who make a lower income. However, if you have a higher income, choosing a non-ACA health insurance policy means that you won't have to pay more than others due to income. This is because your income will not be taken into consideration when pricing is determined.
You Don't Have to Wait Until Open Enrollment
Typically, to sign up for an ACA health insurance plan, you have to sign up during certain times of the year. This can be a problem if you need health insurance right now. Luckily, if you choose a non-ACA health insurance policy, you should be able to sign up at any time of the year.
Your Premiums Might Be More Affordable
One major concern that you might have about health insurance could be the cost of paying for that health insurance. This is understandable since health insurance can be quite costly. Many people find that they are able to find health insurance plans with more affordable premiums when they look for non-ACA health insurance policies, so if you're buying insurance on a budget or if you just want to make sure that you are getting the lowest price, looking at non-ACA plans might make the most sense for you.
You Might Enjoy Additional Coverage
Some people find that ACA plans have high deductibles and don't really offer the coverage that they want and need for themselves and their family members. You might be able to find a plan that offers the additional coverage that you need by shopping for a non-ACA plan.
For the reasons above and more, many people find that it's worth it for them to sign up for a non-ACA health insurance policy. There is a good chance that this is the best way for you to buy health insurance, too, so it's something that you should look into.
For more information, check out a company that offers non-ACA health care plans, such as SVL Insurance Group.Share