How Do Health Insurance Companies Determine Premiums?

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    Gregory Wilson
    Insurance Producer, Gregory Wilson Insurance,
    In today; market, Health Issures have to offer Essential Health Benefics each state may have defferent plans, but they must meet the Qualified Health Benefits for that state. There are five levels that the Marketplase has to offer. Every state does not offer all levels, but they must offer at least two. The Affordable Care Act wiil moniter Insurance Issuers to make sure that the Insurance Issues have Essential Health Benefits in place for that State. You may be elligible for tax credits or cost sharing, in some cases you may not have to pay premiuns. It is important to look at all of your option. You can get insurance in the Marketplace or outside of the Marketplace. Remember premiums may be based on what state you reside in. Good luck in your endevor. Remember we all should have coreage availible to us.
    Answered on December 13, 2013
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