It's been awhile since we've offered a new product, and we are excited to have an alternative to high-cost ACA, limited short-term medical (STM) policies and expensive Small Group plans. In the past the alternative was a STM in states that allowed them. However, those are becoming obsolete due to new federal regulations making them even more difficult to get and keep.
WHO MAY LIKE THIS INSURANCE
Clients in Illinois who are losing STM products
Clients in Colorado who have never had STM products available
Self-employed small businesses are ideal
People who don’t qualify for a subsidy on the Marketplace may pay less
The new product, America’s Choice, is permanent insurance. There is no need to renew the plan or change it – only during Open Enrollment or a Special Enrollment Period. Also, the plans are less expensive than other types of plans.
They are a hybrid between Group, Marketplace/Individual and Short-Term Medical plans with attributes from all three.
Key Points:
There are two broad PPO networks available
There are 12 plan choices including HSA and limited benefit options
This is not for everyone - like some insurance coverage, there is underwriting in the form of 11 medical questions, and you can be denied
This is considered Minimum Essential Coverage including preventive and maternity care
This is permanent insurance – no specific enrollment periods and can enroll anytime
Ideal for small business owners or licensed professionals
Not available in CA, OR, NH, VT and WA
For quote, visit America's Choice. Or, email us to request more information.
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