Insurance coverage is a necessity that can be confusing or even overwhelming, but the Ad Council and Get Covered America are here to help. Medical issues, accidents, and emergencies can pose a hefty financial burden for the uninsured. Paying thousands of dollars out of pocket for a broken arm or a serious ear infection is a stressful situation for any family. The cost of insurance can be staggering and is at the top of the list of reasons why people decline to enroll.
The bottom line is that insurance is important – and more affordable than most people think. In fact, more than half of all uninsured Americans can get covered for under $100 per month with those under the age of 35 potentially being covered for under $50 per month. 4 out of 5 people that have signed up have received assistance in paying for their insurance. You can use the “Get Covered Calculator” to see how much help you qualify for to help offset the cost of your monthly insurance.
It can be hard to understand all the details of coverage, but there are resources to help you make the correct choices. It’s easy to get stumped on insurance applications and I recommend Get Covered America 101 as your first stop for commonly asked questions. There’s even a handy locator tool to help you find local experts that can assist you in completing your application and walk you through your insurance options.
It’s important to know when you can sign up for insurance. Open enrollment is the period of time when you can enroll in a health insurance plan in the Marketplace and see if you qualify for help with making your insurance payments. Open enrollment for the 2015 year starts November 15, but there are “qualifying life events” that can enable you to enroll at any time.
More on Qualifying Life Events:
Medicaid and the Children’s Health Insurance Program (CHIP) remain available to everyone eligible throughout the year. But people can also enroll if they’ve had a “qualifying life event” — meaning they’ve gotten married or divorced, had a baby, adopted a child, placed a child up for adoption, moved residences, gained citizenship, left incarceration, graduated from college or lost their health coverage. In most cases, once such an event occurs, a person has a 60-day window to get coverage.
o Getting Married: https://www.getcoveredamerica.org/after-i-do/
o Having a Baby: https://www.getcoveredamerica.org/happy-mothers-day-to-new-moms/
o After Divorce or Job Loss: https://www.getcoveredamerica.org/life-hands-lemons/
o College graduation: https://www.getcoveredamerica.org/congrats-grad/
Visit GetCoveredAmerica.org to find answers for your questions or begin your enrollment process. Also, learn more about Get Covered America and your options under the ACA on Twitter (available in English and Spanish) September 3rd from 1-2pm Eastern using the hashtag #TakeCareChat. Be sure to follow @GetCoveredUS to get real time answers and insurance information.