There are several different health insurance plans it gets a little confusing which ones fall under each category. All health insurance plans compliant with the Affordable Care Act, commonly known as Obamacare, are major health insurance plans.
Here are a few other health insurance plans that you may be familiar with:
- Health insurance for individuals and families
- Employer-based health insurance
- Qualified health plans
- Catastrophic plans
- Government-sponsored health insurance coverage – Medicare, Medicaid, etc.
While most Americans get their health insurance from their employer or union, many people also get it from the government through Medicare or Medicaid. Unfortunately, many individuals are not insured at all. This becomes an even bigger problem because according to Obamacare, everyone is required to have a significant health insurance policy or be subject to a tax penalty for being uninsured.
Whether purchasing health insurance for the first time or changing your policy, Health Plans of America has the tools and resources to make the insurance buying process hassle-free.