Download tips for buying a qualified health plan

TIPS FOR BUYING
A QUALIFIED HEALTH PLAN
If you have found out through Washington Healthplanfinder that you are eligible to buy a Qualified Health
Plan, this tip sheet can help you through that process.
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Answer These Questions Before You Start Shopping
What is your monthly budget for health insurance?
What healthcare benefits are most important to you and your family?
Do you have an illness like diabetes that requires management or specialty care?
Is it important that your doctor be listed in-network in your plan?
Additional questions?
Research the Plans and Compare
Use your list to compare the cost and benefits of plans side-by-side.
Select a plan that is the best fit for you and your family.
Get Ready to Buy
Your final monthly premium cost will depend on your family size
and income. Pay for your first month’s premium through the
Washington Healthplanfinder.
Questions?
Call us at
1-855-WAFINDER
(1-855-923-4633)
THE TYPE OF HEALTHCARE PAYMENTS
YOU MIGHT MAKE OVER A YEAR
PREMIUM*
What you pay every month, all year, for your health insurance.
JANUARY
DEDUCTIBLE**
How much you pay for certain services in total, before
your insurance starts to pay. Depending on how much
healthcare you need, you might meet your deductible or
you might not. Some services, such as doctor office visits,
don’t count toward your deductible.
CO-PAY**
The set amount of money you pay at the
time you receive a certain medical service.
COINSURANCE**
The portion of your medical bill you
pay, for certain services, after you
meet your deductible.
OUT-OF-POCKET MAXIMUM
The total amount you’ll spend for healthcare, after which
the insurance company pays for all your medical care until
the year ends. Depending on how much healthcare you
need, you might meet your out-of-pocket maximum or
you might not.
Healthplanfinder offers financial assistance:
* If you are eligible for a health insurance premium tax credit, your monthly premium
costs may be reduced.
**If you are eligible for cost sharing reductions, your co-pays, coinsurance and
deductible costs may be reduced.
For more information on enrollment,
visit www.wahealthplanfinder.org