Private vs. Public Marketplace Options
Public Marketplace health insurance are strictly based on income. These plans are ideal for individuals who qualify for government assistance, where they can receive reduced rates through subsidies. These plans cover pre-existing conditions well and expensive medications.
If you do not qualify for subsidies, unfortunately you would be responsible full price for these marketplace plans.
Private health-based plans offer the most reduced rates outside of subsidies, if you can qualify for being in relatively good health. These plans are ideal for individuals who are healthy and don’t need to be spending high amounts on their coverage.
These plans offer tax benefits and excellent coverage. They are ideal for self- employees individuals, those who don’t qualify for subsidies, and families who are in good health. Business owners prefer private options rather than public group plans, as they are more affordable and offer tax benefits.
Which Route Will Be Best For You?
Schedule a free consultation with Olivia, and she will be able to determine what will be the most suitable fit based on your needs and budget!