Individual and Family
Affordable Health Insurance in Texas: Find Coverage Now
Updated on December 07, 2019
The Texas Medical Association found that fewer than half the state’s employers offer group medical benefits to their employees. Since the uninsured rate in Texas for both adults and children is higher than the national average, it’s fair to assume that some people struggle to find affordable health insurance in Texas. The good news is that Texans have many options for private health insurance, and smart consumers can shop around for the best alternatives for their situation.
Affordable health insurance in Texas
Texans can apply for Obamacare major medical plans. Individuals and families with incomes between 100 and 400 percent of the federal poverty level may also qualify for subsidies. At eHealth, consumers can use the Obamacare quote page to view local options for qualified plans.
The problem that people may have with Obamacare is that the government only allows people to enroll during Open Enrollment or a Special Enrollment Period. In addition, people may have to wait for their plan to begin even after they have already enrolled. Also, everybody won’t qualify for tax credits. In that case, Obamacare may not always offer people a way to buy affordable health insurance in Texas.
Short term health insurance as an affordable option
Short term health plans won’t qualify as Obamacare plans and may offer limited benefits. Still, short term health insurance policies have begun to play a larger role in the marketplace for affordable health insurance in Texas. For one thing, consumers find that it’s easy to get quotes and apply online for temporary medical plans. In addition, people can enroll at any time and should expect to have plans approved right away and activated within days. Also, many people find the premiums relatively affordable.
To help consumers understand the value of these temporary policies, eHealth published a comprehensive report on short term health insurance. To understand the growing popularity of these alternative health insurance plans, consider these key findings from the report:
- Despite the fact that insurers must limit these temporary policies to no more than 90 days, the demand for short term health insurance increased by 10 percent between 2016 and 2017.
- When eHealth totaled the number of temporary and major medical policies, they found that consumers applied for short term health insurance 57 percent of the time.
- Over half of the people who purchased a temporary plan said that they would not have had any health insurance without the chance to buy short term health insurance.
Most important, some people need quick access to affordable health insurance in Texas because they have had a change in employment or circumstances. These temporary policies do not offer all of the benefit of major medical insurance; however, they can provide quick, useful coverage. The temporary policy can help pay medical bills, help gain access to good healthcare, and provide proof of insurance in certain situations.
The eHealth report found that insurance premiums for these temporary policies have remained stable while average Obamacare premiums have continued to climb. That may explain why they have become a popular choice for affordable health insurance in Texas. Consider these brief statistics from the eHealth report that illustrate the price difference:
- Insurers charged individuals an average monthly premium of $124 a month for temporary coverage.
- At the same time, Obamacare policies purchased through eHealth cost an average of $378 a month.
- Meanwhile, temporary coverage premiums have remained very level for the past few years, but that’s not true of ACA policies.
Other options for affordable health insurance in Texas
Some people choose to buy medical insurance packages as an alternative to major medical as well. These packages bundle together different insurance products to create a customized and more comprehensive package of protection. These also won’t qualify under the ACA (Affordable Care Act) to help avoid tax penalties; however, they may fill in gaps in protection.
With all types of health insurance, it’s important to note that each plan has its own terms and limitations, so be sure to check the official plan documents to understand how that specific plan works. This article is only for general education.
Compare affordable health insurance in Texas
Your best choice of health insurance depends upon your circumstances and budget. You can visit eHealth to figure out which solution will offer you the most affordable health insurance in Texas.
If you decide that short term coverage is right for you, remember that you can enroll in this type of health insurance at any time of the year. There’s no need to wait for an open enrollment period, so just visit eHealth.com and you can start looking for short term health insurance in Texas right away.
For any type of individual health insurance in Texas visit our health insurance quotes page, enter your ZIP code, and view alternatives online. Besides short-term and Obamacare insurance, you can also research medical insurance benefits and other kinds of benefits.