Health Insurance Options in Rhode Island

2018 Obamacare Open Enrollment Period from November 1, 2017 to December 15, 2017.You can purchase health insurance for the upcoming year through the state-based marketplace (HealthSourceRI.com)

Or

You can purchase health insurance through HealthQuoteInfo. Call 855-614-5057 to shop around and save!

 

 

For several years, residents of Rhode Island have been purchasing health insurance plans through private companies at a high price. This means the number of uninsured individuals in the state has always been high. This changed with the Affordable Care Act, as it offered a new option to the public.

According to recent studies, the introduction of the Affordable Care Act has also brought down the price of private plans, mainly because private insurance companies are trying to compete with Obamacare plans.

State-Based Marketplace

Rhode Island opted to create their own state-based marketplace, meaning residents cannot go to HealthCare.gov to browse for a plan. Instead, they’ll have to go to HealthSourceRI.com, which will allow users to shop around and compare various plans during the Open Enrollment Period.

The website is well designed and is meant to help you choose the right plan that reflects your needs. When you’re looking through the site, it’s important to keep in mind the amount of the deductible and the monthly premium. Typically, if these two values are normally high, you won’t typically have to pay a lot of money when you visit the doctor or go to the dentist. It’s also important to remember to capitalize on tax credits and subsidies offered by the federal government, which usually applies to those who pay more for their health insurance on a yearly basis.

Choosing A Plan

There a lot of options out there and things can sometimes get really complex, but it’s important to select a plan that reflects your needs and desires. So, if you’re someone who tends to have multiple medical appointments every year, opt for a plan that provides wide coverage. On HealthSourceRI.com, there’s a FAQ tool and an online calculator, which can help you do some important calculations and can also be helpful with budgeting. If you have more questions, you can also phone one of our agents and HealthQuoteInfo at 855-614-5057.