Ways to save money with health insurance
Did you know that going to the doctor for a simple headache without insurance could cost you over $2277? Enrolling you and your family in a health plan in 2017 is easy to do in Kentucky, and it will save you lots of cash while ensuring that you and your loved ones get the care you need.
Here are some ways you can save money with health insurance and some examples of what your medical costs could look like without insurance.
Free preventative services When you have health insurance, you receive all the preventative services necessary to keep you and your family healthy for free or at a very low cost. This includes annual doctor checkups, blood tests to ensure that your health is in check, STD testing, some medications, preventative cancer screenings, vision tests for children, and much more.
With a simple, affordable monthly payment, you can rest assured that you and your loved ones will receive all the checkups needed to keep you healthy.
Affordable plans It is not only easy to enroll in a plan but also affordable. What you pay for insurance depends on your income. That means that when you sign up, you’ll probably save some money.
The savings you’ll receive depend on your expected household income for the year, and more than eight of every 10 people who apply are eligible for lower premiums. For more information about how plan pricing works, different ways to sign up, and other details, visit https://www.healthcare.gov/quick-guide/one-page-guide-to-the-marketplace/.
Save money with a premium tax credit Tax credits and premium subsidies are available based on income and family size, and they are offered on a sliding scale to reduce the cost of the premium. When you apply for coverage in the Health Insurance Marketplace, you’ll find out if you qualify for a “premium tax credit” that lowers your monthly premium, which is the amount you pay each month to your insurance plan.
Costs of not having health insurance Without health insurance, however, your costs will skyrocket. For example, did you know that if your child breaks a leg or arm, you’d have to pay over $2326? If you sprain or strain a muscle yourself, you’d have to cough up over $1909 in out-of-pocket fees.
Here are some other medical expenses you would have to pay without health insurance: $130–180 per person for an annual doctor visit, over $6790 for appendicitis, over $4574 if you or a loved one collapses unexpectedly, over $887 for a sinus infection, over $2277 for a headache, and $150–185 for a minor wound closure.
By enrolling in health insurance, you can save you and your family thousands of dollars in 2017.
Easy and seamless enrollment It’s easy to enroll in health insurance, and the state of Kentucky is making it even more seamless by providing free in-person consultations for those who need help with the forms or who have questions about plans, coverage, signing up, and more. Get more info, download your enrollment checklist, and sign up today at https://www.healthcare.gov/kentucky-2017/.