Trumpcare Plans vs. Obamacare Plans
You might be searching for Trumpcare, but do you really know what Trumpcare plans are made up of?
First of all, let’s start by sharing a very important fact.
There is no such thing as a Trumpcare plan, or Trumpcare. Officially.
Unofficially, what has been desribed within the health insurance industry, as well as from the Trump administration, as Trumpcare plans, are typically comprised of a number of health insurance or other insurance products. They are not health insurance plans associated with the Health Insurance Marketplace (Healthcare.gov) or what is sometimes referred to as, “Obamacare”. Typically, when you hear someone refer to having signed up for a Trumpcare plan, it means that they signed up for a short term health insurance plan. We explain why below.
Short Term Health Insurance… Is That Real Insurance?
Short Term Health Insurance isn’t, despite the products name, only a short term solution. Officially, it is a real type of insurance coverage. Short term health insurance from a large insurance carrier, for example, United Healthcare, or National General, will often give you access to the same preferred hospitals and healthcare service providers of a major medical plan. So officially, short term health insurance, for millions of consumers in the United States, is a viable form of health insurance year round.
Originally when it was first launched decades ago, it was most often used by individuals who would be switching over from one employers health insurance plan, to a new plan with a different company. Well over the years short term health insurance, which has less overall coverage benefits as compared to a typical major medical plan, proved to be a more affordable option for individuals and families. Let’s be very clear, short term health insurance plans can be a great way to obtain health insurance coverage at 50% the cost of a comparable ACA plan.
That said, short term health insurance plans are not for everyone. Specifically, they’re not a fit for individuals who have complicated health profiles. Or as any serious health condition is commonly reffered to as, a “pre-existing condition”.
If you have had serious heart problems, or if you have diabetes, or cancer, or a number of other serious health issues, you will not be able to sign up for a short term health insurance plan. These plans, unlike “Obamacare plans” are not required to cover an individual regardless of their health profile.
Short Term Health Plans, do not have to provide coverage for pre-existing conditions.
If you have a serious health condition you may only be able to obtain a health insurance plan during open-enrollment, and with a plan that complies with ACA regulations.
Additionally, if you are expecting, or planning on expecting, you need to know that most short term health insurance plans do not provide coverage for pregnancy.
If you’re expecting, it is likely that you will only be able to obtain a health insurance plan if it complies with the ACA, “Obamacare”. If you recently gave birth to a child, you actually qualify to enroll in an ACA compliant plan even if it is outside of open-enrollment. We will provide options for obtaining help with either type of plan, be it, Trumpcare (Short Term Health Insurance) or Obamacare (ACA Compliant Plans) below.
Who Uses Short Term Health Insurance Instead Of Obamacare?
Here’s a list of some of the most common consumer profiles for whom short term health insurance provides value at an affordable cost.
- Young Professionals With Active Lifestyles
- Women and Men Between 55 and 64. Highest cost tier for health insurance coverage, pre-medicare age.
- Single individuals who earn above $40,000 a year.
- Couples who earn more than $75,000 a year.
- College Students who don’t have coverage through a parents plan.
- Individuals with objections to ACA plans inclusion of contraception coverage.
Not Contained Within That List However, Are Individuals With Pre-Existing Conditions.
Very rarely will any plan that is considered to be an alternative to Obamacare, cover serious pre-existing conditions. If you have a serious health condition, you should explore your options with a major medical / ACA plan. The following links below will provide you with two different sites to explore your options through.
Keep in mind that if you qualify for a subsidy under Obamacare, meaning that your household income doesn’t exceed a certain amount, your cost for an Obamacare plan, could be zero. We encourage individuals to compare both “Trumpcare plans” and “Obamacare plans” in order to see what would best benefit their specific needs.
Use The Form Below To Obtain Quotes For A Short Term Health Insurance Plan
Links For Information On Obamacare Plans
You can also obtain additional information on short-term health insurance plans by visiting one of the sites below.
Or call direct at the number below to speak with a licensed health insurance professional who can answer any questions you may have.