Obamacare Insurance Enrollment in Melbourne, FL
Every Melbourne, FL resident needs to have proper health insurance for several reasons. First, it protects you and your family from expensive, unexpected medical costs. Two, you can receive any medical help on time, especially if you’re diagnosed with a terminal or chronic illness. Last, health insurance provides peace of mind. Unfortunately, many people in Melbourne, FL, struggle to find affordable health insurance, and many still don’t know about the low-cost Obamacare.
Is Health Insurance Mandatory in Florida?
The Affordable Care Act or Obamacare says you must have health insurance. However, the Florida federal tax penalty for going without health insurance is zeroed out, meaning you still have to report your coverage status on your federal tax return, but you won’t pay any penalty if you don’t have health insurance.
Obamacare Health Insurance requires you to have the minimum essential coverage, but it’s important to note that some types of healthcare plans don’t meet the requirements under Obamacare. They include:
- Dental insurance
- Vision insurance
- Coverages limited to specific conditions
- Workers’ compensation
- Plans offering discounted medical services
Help With Obamacare Enrollment
If you need to learn more about Obamacare enrollment or sign up for a plan, you can seek help from a licensed insurance agent, broker, or trained enrollment assistant at Obamacare ACA. The two options are free.
A certified enrollment assistant can listen to your health insurance needs and provide options, answer your questions and help you apply for the plan that best fits your needs. They don’t recommend a specific plan for you.
A licensed health insurance agent or broker can help you understand your health care coverage options for individuals or families under Obamacare. Unlike trained counselors and assistants, brokers and agents are allowed to suggest the best plan for you.
Would I Qualify for Obamacare?
- What you pay for your Obamacare plan depends heavily on four things.
The amount of coverage you need: Obamacare insurance plans come in four levels — Platinum, Gold, Silver, and Bronze. The Platinum level covers approximately 90% of healthcare costs, while the Bronze plan covers about 60% of your healthcare costs. Bronze is the cheapest, while Platinum costs the highest in monthly premiums. - Whether you’re eligible for a subsidy: Depending on your family size and income, you can reduce the costs of Obamacare by getting lower monthly premiums, reducing out-of-pocket expenses, and obtaining coverage under Medicaid.
- Your age: Obamacare health plans are for people of all ages, but the cost will vary based on the applicant’s age. Generally, the older you’re, the higher your premiums as you’re likely to develop severe health conditions when you age.
- Whether you smoke: Obamacare allows health insurance companies to charge you as high as 50% more in monthly premiums if you smoke.
Give Us a call
Need affordable health insurance in Melbourne or the surrounding areas. Do you need low-cost health insurance to reduce out-of-pocket and other general medical costs? Then consider applying for Obamacare. You can apply during the open enrollment period from November 1st to December 15th. Contact us today for more information.
