Free Indiana health insurance information can always be found on our website. We help consumers by providing answers to your medical insurance questions, giving you free quotes from all of the top-rated companies and providing expert advice regarding applying for a policy and enrolling in the Health Exchange Marketplace.
Below are some of the most popular topics we are asked about:
How Do I Buy A Policy Through The Indiana Health Insurance Exchange?
If you want to apply easily and quickly, you have come to the right website. We assist individuals and families that reside in the Hoosier state buy their coverage from the Marketplace. We help you compare the leading policies available in your area, and simplify the enrollment process.Typically, it only takes about 10-25 minutes.
There are four plan options (Bronze, Silver, Gold and Platinum) along with a special low-cost "catastrophic" classification if you are under age 30. If you can not afford one of the "Metal" plans, you may be able to qualify for a catastrophic policy.
The federal financial subsidy can potentially pay your entire premium and is renewable each year. However, a "catastrophic" plan is not eligible for the subsidy, and should not be considered if you reside on a low-income household or have serious medical conditions.
To qualify for the federal assistance, your income must be below 400% of the Federal Poverty Guideline. For example, a family of four (40 year-old parents and two children) that makes under $97,000, will qualify. Also, a single 30 year-old that earns less than $33,000 will also qualify for a subsidy. Naturally, the lower your income, the higher the subsidy. This is "free" money that can be used to reduce your rate.
We help you navigate and compare plans both "on" and "off" the Exchange so that you can view free quotes and easily apply.We guide you step-by-step, or you can enroll yourself, and simply request assistance if needed.
What Companies Have The Best Rates In The State?
That depends on many factors. In specific sections of Indiana, Anthem Blue Cross Blue Shield (BCBS), Ambetter, CareSource, and MDwise are usually very competitive. The Anthem HSA policies are very popular. IU Health Plans also has very attractive pricing in their service area.
However, if your need is temporary, UnitedHealthcare offers specialty short-term products that will cost the least. Rates are extremely cheap, and plans are generally approved within 24-36 hours. However, these policies are not ACA-compliant, and therefore do not receive subsidies or cover pre-existing conditions. Anthem also offers temporary coverage but the cost is higher than other available plans.
Medical Mutual, Aetna, and Cigna stopped writing business in the state, so they are no longer an option. MDwise is a relatively new company and features competitive prices in some areas.
What Are Some Low-Cost Anthem BCBS Policy Options?
The "Bronze" options are the most affordable Metal plans. Anthem's cheapest policies are the Pathway X 5850 35, Pathway X 5000 40, Pathway X 6850 0, Pathway X 4850 20, and the Pathway X 6400 30.
"Silver" plans are more expensive, but also feature lower deductible options and smaller copays and coinsurance. For example, the Silver Pathway X 4250 30 offers office visit (pcp and specialist) copays of $25 and $50 along with a generic drug copay of $15.
NOTE: if your total household earnings are below 250% of the Federal Poverty Level (FPL), the Affordable Care Act legislation allows you to utilize "cost-sharing" to further decrease your anticipated expenses. Depending on your household size and income, thousands of dollars in deductibles and out-of-pocket expenses could be saved.
Is Affordable Senior Medical Coverage Available?
Yes. Applicants that have reached age 65 are probably eligible for Medicare benefits. Although coverage is fairly comprehensive, there are still many gaps that raise the out-of-pocket expenses that would have to be paid. Medigap and Advantage plans will help pay many of those expenses and are often a very cost-effective option.
Part D (drug and prescription benefits) are often included in Medicare Advantage contracts. Copays and coinsurance can vary although typically, Tier-1 drugs (generic) are covered with a small copay or a $0 copay. Non-generic prescriptions will have higher copays.
Popular Indiana Advantage contracts that include prescription drug coverage include AARP MedicareComplete Choice, Focus, and Profile (UnitedHealthcare), Aetna Medicare Connect Plus, HumanaChoice, IU Health Plans Medicare Choice, and Anthem MediBlue Access.
What Do You Charge For All Of The Services You Provide?
That's an easy question to answer. Nothing. Zero. And that will never change. We are aware that many other websites and plans can charge fees as much as $100. We do not feel that is right or necessary. You can "take it to the bank" that our Agency will never ask for any type of compensation.
And you can be confident that the prices you see on our website are the lowest possible rates offered by each of the carriers. We update our quote engine software each day, and also ensure that benefit information and estimated costs are identical to carrier and government websites.
Will My Medical Conditions Be Covered?
Yes. Not only are your medical conditions (major or minor) covered without paying a higher rate, but treatment, including medications and therapy are also benefits that are included. You won't have to wait to use your policy and the price you pay won't go up because you submit too many claims.You can also freely change policies during Open Enrollment without having to medically qualify.
Am I Really Breaking The Law If I Don't Purchase Coverage?
Unless you qualify for Medicare, Medicaid, or a few other special exclusions, you are required to have "qualified" healthcare benefits. We help you choose the most reasonably-priced plans for you and every family member. But if you don't secure a policy, the tax could be as much as 2.5% of your entire household income, or $695 per adult and $347.50 per child (whichever is higher).
The penalty applies only to months you are uncovered, so if you purchased a qualified policy in July (assuming you qualified for a Special Enrollment Period exemption), the full annual tax will not be charged.
I'm Coming Off Another Plan. Can I Keep My Doctors?
If you are changing from a group policy to an individual policy, and the same carrier will be used, then you should be able to use the same doctors, hospitals etc... If, however, the new insurer is different, you will have to verify that you existing physicians are "in network."
Also, any time you go through an Open Enrollment, it is possible that some physicians, hospitals and facilities will be added (or dropped) from a plan you are applying for. Sometimes, even if your company remains the same, it is possible there will be a separate directory of providers for each specific policy.
Is It Easy To Cancel A Policy?
Actually, you can keep your plan as long as you need it. At any time, you can cancel coverage. For example, you may only need benefits for a few months. In that situation, a short-term policy would be the best option to keep rates low. If you want to buy long-term coverage, you will still be able to terminate the policy whenever you request it.
Whether it's a week, a month or a year, you can cancel at any time. However, it is important to understand when Open Enrollment begins and ends, and the exceptions that are available if you need to apply for benefits after the deadline has passed.
How Do I Apply For Health Insurance In Indiana?
The process is simple. The free quote section is at the top of the page. You begin there. There will be a few questions that you will have to answer. However, you no longer have to medically qualify to be approved, and physicals are no longer required. If you have pre-existing conditions, they will not impact the cost of coverage.
Once the application is submitted, after a few days or a few weeks (it depends on the type of coverage), you will receive your policy, identification cards, and follow-up correspondence to verify that the cost and benefits are accurate. We also help you secure your ID cards and policy in a timely manner.
I Currently Live In Indianapolis. If I Move, Will My Rates Change?
All carriers use either a county or zip code to determine your rate. So it is possible that your rate will change if you move. For example, Richmond's rates may be a bit less while premiums in the Gary area my go up. Marion county also offers policies from MDwise, who is not available in all counties.
As prices of plans and product availability change, we regularly update our website so you are always receiving the most current and accurate information. If there are any questions we missed, regarding health insurance in Indiana comparisons, prices or enrolling, please contact us by phone or email.
Am I Required To Buy Coverage When My Employer Does Not Offer It To Employees?
Yes, you are required to buy a qualified healthcare policy that complies with the provisions of the ACA. There are some exemptions (incarceration, not in the country legally, federally-recognized Indian tribe, lowest-cost plan is more than 8% of your income), but the penalty for non-compliance (previously discussed) is 2.5% of your income. This tax gradually increases in future years.
Many "non-compliant" plans can be easily purchased, although they do not satisfy the legal mandate. Several of these plans have expensive upfront application fees, and benefits are limited. Often, they are sold from "boiler room" operations that employ unlicensed telemarketers.