If you live in Iowa, it’s essential you obtain affordable health insurance for yourself and your family. That’s because health care services can be quite expensive when you pay out of pocket. The average hospital cost per day for inpatient care is $1,472 in Iowa, and that’s the kind of expense that can quickly drain your savings.
An estimated 5% of the state’s population is still uninsured, and we at HealthQuoteInfo aim to help with that situation. You can find private Iowa health insurance plans right now simply by entering your zip code into our search bar. You’ll find plans offered by carriers like Cigna, Humana, and Golden Rule.
Small Business Health Insurance Iowa
You can also obtain health insurance through your workplace, though that depends on where you work. Fewer than half of all Iowa businesses offer employer-sponsored health insurance. While just about every large firm offers it as part of the compensation package, only a third of all Iowa businesses do the same.
It does help make health insurance much more affordable. For single coverage, an employee pays only about 23% of the actual cost of the premium while the employer covers the rest. For family coverage, employees only pay for about 28% of the actual premium cost.
If you do lose your job, the federal COBRA program enables you to maintain that health coverage for yourself and your family while you get another job. This can last for the next 18 months, although you may have to pay the whole amount of the monthly premiums during this time.
IA Health Link
Some Iowa residents can’t afford private insurance, and their employer may not be offering health benefits as well. For such cases, Iowa has a Medicaid program that offers a health insurance plan based on your income and other circumstances.
The majority of the members of Iowa Medicaid join the IA Health Link managed care program. As a member, you can choose the Managed Care Organization (MCO) from which you get your health coverage.
This option includes the Iowa Health and Wellness Plan for adults between ages 19 to 64 whose household income does not exceed 133% of the federal poverty level. It also offers long-term care along with waivers for home and community-based services.
There’s also the Medicaid for Employed People with Disabilities. This offers all Iowa Medicaid benefits, and it covers prescription services for members who don’t have Medicare (the federal health insurance program for seniors over the age of 65). If you do have Medicare, the MEPD pays for your premiums. The point of this program is to encourage you to work without having to worry that your income may make you ineligible for Medicaid benefits.
If you are between the ages of 12 to 54, you may also receive assistance from the Family Planning Program. This is the waiver program that can help with the expenses related to family planning services.
Medicaid & Low Income Health Insurance Iowa
This is another Medicaid coverage group which offers several helpful programs to help with health insurance. One of these is the Health Insurance Premium Payment Program (HIPP), which enables you to keep the insurance you had but which you cannot afford anymore.
You may want to keep your current health insurance plan because it offers services that aren’t covered by a Medicaid plan. The plan may also cover certain members of your family who aren’t covered by a Medicaid plan.
The state offers to pay for your current private or employer-sponsored health insurance plan (or a portion of it) if the plan is cost-effective for the state. This means that it’s better for the state to reimburse your current insurance premium than for Medicaid to pay for all the costs of your Medicaid insurance.
This category includes the Medically Needy program, which is sometimes called the spend-down program. This offers assistance if your income is too high for Medicaid, but it’s too low that your medical expenses are taking up a very large percentage of your income. These can offer assistance for pregnant women within income and family resources limits, the aged, blind, and disabled, and adults who care for children still in school.
Another specialized managed care program is the Program of All-Inclusive Care for the Elderly (PACE). This is for people over the age of 55, who can receive preventive care, primary care, acute and chronic care services. It also covers therapeutic recreation and social services.
There’s also a special American Indian and Native Alaskan program, as this program offers eligible members various benefits that may not be offered by the Indian Health Services and tribal organizations. Aside from the usual health coverage benefits, it also offers cost-sharing exemptions, resource exemptions that aren’t counted towards Medicaid eligibility, estate recovery protections, and managed care protections.
Healthy and Well Kids in Iowa
This is also known as the “hawk-i” program, and it’s the state’s version of the Children’s Health Insurance Program (CHIP). This program offers coverage for the uninsured children of working families who aren’t covered by the Medicaid program. There are also more lenient family income ceilings
Some families who benefit from this program don’t have to pay anything at all for their health insurance. Premium costs do not exceed $40 for any family at all. The program also offers a “Dental Only” version to supplement the medical version of hawk-i.
Iowa Open Enrollment 2019 & Iowa Obamacare Insurance
The Iowa Open Enrollment period for health insurance in 2019 will run from November 1st, 2018 to December 15th, 2019.
For all your other questions regarding health insurance in Iowa, please do not hesitate to give us a call at 1-855-614-5057. We stand ready to guide you so that you can get the health & medical insurance coverage you need and deserve.