What’s Off-Exchange Health Insurance, and Do I Want It?
Affordable Care Act Off-Exchange plans explained: why you would want them and how they work.
What’s an Off-Exchange Plan?
Off-Exchange plans are Bronze, Silver, Gold, or Platinum plans purchased outside of the Exchange. They can either be the exact same coverage offered or they may offer a larger network and more benefits. Off-Exchange plans are purchased directly through the insurance companies’ brokers and agents.
Why an Off-Exchange Plan?
If you know you don’t qualify for ObamaCare subsidies then an off-Exchange plan can save you (a lot of) time, while at the same time keeping your information private because you aren’t required to report your income and other personal information.
For further questions about off-Exchange plans call 800-930-7956 or contact a Medicoverage agent.