How Much Can I Expect To Pay For Health Insurance?

  1. 1976 POINTS
    Ronald Hinch
    Regional Marketing Director, Capital Choice Financial Group,
    The cost of health insurance is determined by your age only under the new ACA law.  However, the premiums vary among companies mainly because of differences in deductibles and some benefits.  In South Carolina there are only four companies available to shop on the federal exchange and they are Blue Cross/Blue Shield, Blue Choice, Coventry, and Consumer Choice, the last two having weak networks.  By going through the exchange to get coverage with one of these carriers you may qualify for a subsidy which would lower the premium.  Outside of the federal exchange United Health One offers more flexible plans that are compliant with the ACA laws and offer the only HSA qualified plans.  If you choose to go through United Health One you are eliminated from obtaining a subsidy if you qualify but they offer some very competitive pricing.  For those of you who are boycotting the federal plans entirely or have missed the open enrollment period, there are short term medical plans and non-qualified plans available to purchase as an alternative.   For many these plans offer great coverage at a much lower premium.  If you have any questions or would like further information on alternative plans please contact me, Ronald G Hinch at 843-450-9879.
    Answered on February 18, 2014
    flag this answer
    2. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>