Alabama Health Insurance
Affordable Alabama Health Coverage Options

Now is the time to look at your options for affordable health insurance in Alabama for next year. Wherever you and your family live, you face the uncertainties of an upcoming Presidential election and the challenges of the COVID-19 pandemic. Alabama is no different!.  Now, more than ever, it is important to select the BEST health insurance for your family and do not pay more than you have to.

Where can you turn to for independent expert advice? TrueCoverage provides helpful resources and guidance that help you to select the most affordable health insurance plan that meets your specific needs. Remember, the Open Enrollment Period runs through December 15th.

Save any last-minute headaches and rushed decisions by selecting your Alabama Health Insurance coverage soon.   The TrueCoverage team is here to help by providing a pre-registration service. Let us know what you need.  We will contact you with a selection of health coverage packages tailored to you, your family, or your business.

TrueCoverage-Affordable-Health-Care-Alabama

Exploring Affordable Health Coverage in Alabama 

You can look for cheap health insurance in Alabama. But as we all know, the policies with the lowest monthly payments (your insurance Premium) may not be your best option. 

The REAL price of health coverage depends on many variables. Deductibles and copays increase costs and Tax relief on your premiums, state insurance subsidies and discounts on your medical supplies can LOWER your medical expenses. A premium might look high at first, but the total amount you spend on medical services could be much lower! 

If you qualify for Medicare, you should explore the Medicare add-on plans.   Alabama has many options. Over 20% of the population has enrolled in Medicare, with almost 30% participating in a Medicare Advantage plan. Medicare Advantage and Medicare supplemental plans could save you a LOT of money.

10 Core Health Services Mandated for all ACA Compliant Plans

Before the Affordable Care Act became Federal law, insurers could refuse to cover various health benefits, resulting in overwhelming debt for many people. The ACA fixed those loopholes and required all qualifying plans to carry these coverages (in Alabama and all states):

  • Emergency services
  • Prescription drugs
  • Ambulatory patient services (hospital services that don’t need an overnight stay)
  • Hospitalization
  • Laboratory services
  • Maternity and newborn care
  • Pediatric services (for children), including dental and vision care
  • Mental health and substance abuse services
  • Preventive and wellness services, including chronic disease management
  • Rehabilitative/habilitative services and devices

Alabama, The Metal Health Insurance Tiers and You 

There are four ‘metal’ tiers: Bronze, Silver, Gold, & Platinum. These ‘metal’ categories define how you and your insurance company split your health care costs. Each refers to the portion of medical expenses you must pay besides your premiums. They have nothing to do with the quality of your health care. 

Quick Note: Not every insurance company offers all Metal tiers in every state and region.  If they provide health insurance in your area, at the very minimum they will offer the Silver and Gold tier plans. 

Below is a breakdown of costs for each metal tier. The percentages are averages estimated by your insurer, easy rules for out-of-pocket expenses. Your costs will vary: these are EXAMPLES ONLY.

Metal Health Insurance Tiers

Which Metal Tier is Right for You? Choosing the Right Health Insurance Plan 

When choosing a health insurance plan, the last thing you want to do is choose a low premium, only to find yourself stuck with medical debt later. But there’s also no reason to pay for a high-value plan if you rarely use medical care. 

When comparing plans, the most significant factor to consider is whether you and your family have recurring medical issues or expenses. If so, choose a Metal tier or healthcare plan that pays for more of those expenses.  

Silver plans have been the most popular in the federal marketplace and state exchanges. 70% of consumers choose them. But the best way to plan is to think about last year’s medical expenses and select the situation matches yours most closely.

 

Bronze

  • You rarely get sick or need medical services besides an annual checkup and one or two medications you can easily pay for out-of-pocket
  • You are very healthy
  • You are not elderly
  • If buying a family plan, your children are elementary-school age or older, very healthy, and do not participate in risky activities.

 

Silver (Most Popular! Often qualifies for Premium Tax Credits and insurance subsidies)

  • Your family members’ one or two mild conditions require medication and specialist visits but do not need close monitoring or frequent care
  • Your family members are healthy
  • You are under 70
  • All your children are elementary-school age or older, healthy, and play few or no sports that often cause injury (the term “sports that often cause injury” is vague, but presume it includes MOST sports and athletic hobbies).

 

Gold

  • You or a family member has a chronic condition, sees doctors often, or needs expensive medication that would be impossible to afford out-of-pocket
  • Your children are too young for elementary-school, needing frequent pediatrician visits
  • You are older or at a higher risk for colds and flu than most people.

 

Platinum

  • You or a family member has an expensive chronic condition and takes several medications
  • You seek urgent care or emergency care more than once per year, frequently need exams to manage a condition, or see doctors more than once per month
  • You are older or at high risk for colds, flu, or injuries.

Cost-sharing reductions make Great Health Care possible for everyone 

The AL Health Insurance Marketplace offers cost-sharing reductions (CSR) that are “extra savings” opportunities: discounts that lower the total amount you pay for health insurance deductibles, copayments, and coinsurance. 

Once qualified for the additional cost-sharing reductions, you must enroll in a Silver Metal tier health plan.  The Silver plans in Alabama are the ONLY plans that receive these “extra savings.”  

When you fill out the Marketplace health insurance application, you’ll discover if you qualify for premium tax credits and extra savings.

 

CLICK HERE to see if you qualify for a Health Insurance Subsidy!

 

You can use your premium tax credit for ANY plan in the Metal Tier category. But if you also qualify for the extra savings, these will only apply to the Silver plans. 

With a Silver plan you will also have a lower annual out-of-pocket maximum.  After you reach your out-of-pocket maximum, your insurer pays 100% of the covered services. 

Note: If you are a member of a federally recognized tribe or an Alaska Native Claims Settlement Act (ANCSA) Corporation shareholder you may also qualify for additional cost-sharing reductions.

Coronavirus Pandemic, COVID-19 Testing, and the FFCRA

COVID-19 is the hot topic health insurance issue in Alabama. If you lose your health insurance due to COVID-19 or your employer closed because of the Coronavirus, testing is available at no charge. The Families First Coronavirus Response Act (FFCRA) passed in March 2020, ensures that everyone can receive COVID-19 testing.

Read our blog: Lost your job due to Coronavirus? 5 ways to get Health Insurance

See the 5 top Alabama health insurance companies at the bottom of this page.

Details about Health Insurance in Alabama

Alabama is falling behind many other States regarding consumer protection from ‘surprise’ billing (see our blogs When is a surprise not a surprise? When it’s a SHOCK! and Joe Biden – building on Medicare).

Despite these advantages, Alabama Health Insurance is more expensive than in many other states.

So it is even more important to make sure you’re getting the best advice.

Exploring the Health Insurance Marketplace in AL 

Alabama residents can sign up for health insurance using private insurance exchanges. These marketplaces offer more ACA-compliant plans than the state, which only deals with a handful of insurers.  

As a private exchange, TrueCoverage is bound by the same rules as the Alabama exchange but has access to hundreds of insurers.  

With Health Insurance Exchanges, you gain access to ancillary insurance options like: 

  • Dental
  • Vision
  • Accidental Death
  • Critical Illness
  • Disability
  • Life
  • Medicare Advantage, Medicare Supplementals

Benefits of Working with a Health Insurance Broker 

TrueCoverage is a Certified Direct Enrollment Partner of Healthcare.gov.  We specialize in offering local knowledge and affordable Alabama health insurance solutions. 

We offer more health insurance plans than any other resource in AL, and our unique technology quickly delivers the ‘BEST VALUE’ insurance policies that address your needs. 

Like brokers in every state, TrueCoverage must operate without bias. Our job is to find you the best health insurance options, regardless of the insurance carrier. As brokers, we search for policies that best meet your needs. We also assist you throughout your contract. For example, if a dispute arose with your insurer, TrueCoverage steps in to help. If you benefit from a Special Enrollment Period, we’ll be there. 

TrueCoverage is familiar with your state’s unique insurance rules, and we understand the Alabama health insurance options from the largest carriers, to the smaller specialty health insurers.

The Top  Health Insurance Companies in Alabama 

Choosing from over 50,000 plans is daunting without independent, expert advice. That is where TrueCoverage shines. To help, we have identified the top five health insurance companies in OK. 

These ratings, from The National Committee for Quality Assurance (NCQA), are based on Consumer Satisfaction, Preventive Care, and Medical treatment.

More details about the top Insurance companies in Alabama    

The NCQA rates these ACA-compliant health plans as the BEST in Alabama:  

  • Blue Cross and Blue Shield of Alabama
  • Aetna Life Insurance Company (Alabama)
  • United HealthCare Services, Inc. (Alabama)
  • UnitedHealthcare Insurance Company (Alabama) 

All ACA-compliant and Medicare plans have a star rating based on similar criteria. 

Click below to learn more: 

NOW is the best time to select your ACA Affordable Alabama health insurance, BEFORE Open Enrollment ends on December 15th 2020.

affordable health insurance

Looking to find affordable health insurance?

Click on the button below to and connect with our agent to get insurance in 24 hours.

Alabama utilizes a state-based health insurance exchange using the federal exchange for enrollments. It does not regulate short-term health insurance plans but limits initial plan terms to 364 days and with renewals to a limit of 36 months.  They are a useful option in some circumstances. These plans are NOT bound by the Affordable Care Act that mandates the 10 essential health benefits. Furthermore, they are NOT eligible for premium tax relief.  Alabama has not expanded Medicare and is one of the 18 states party to the Texas-led attempt to invalidate the ACA. The case is still before the courts and will not affect the health insurance plans for 2021.

Did You Know?

Named after the Native American Alabama tribe, which is itself a combination of the Choctaw words “Alba” and “Amo” (meaning “vegetation” and “picker”), the Heart of Dixie became the 22nd state in 1819.

Fun fact

Alabama’s forests (which make up 70% of the state) would cover all of Rhode Island, Delaware, Massachusetts, New Jersey and Conneticut. In and around those forests is home to the largest snail population in the United States, where 43% of all US snails live!

Sources:  National GeographicInfoplease50states; coolkidfacts