Calling All Graduates! You Have Health Coverage Options
Graduation is a remarkable milestone. As you enter the next phase of your life, it’s critical to have a health coverage plan to protect you from unpredicted medical expenses.
What is the advantage of getting health insurance?
- Nobody expects to become ill or injured, but harmful incidents happen, even to young, healthy people. A broken leg can cost $7,500 for its treatment, and a three-day hospital stay can cost $30,000. That’s a lot of money, especially when you’re just getting started!
- Applying for the Marketplace program may be easier and faster than you think. You can find if you qualify for a health plan with income-based savings with just one application. You might be eligible for complimentary or low-cost insurance coverage through Medicaid.
Keep in mind: You can buy coverage through the Marketplace program if someone claims you as a tax dependent, but you won’t be eligible for savings based on your income.
How to obtain low-cost health insurance
- If you are under 30, you have several options for obtaining health insurance, some of which are tailored specifically for you.
- If you are below the age of 26, you may be able to join your parents’ health insurance plan.
- You can buy your Marketplace insurance plan through Insurance Shopping. Based on your circumstances, you might be eligible for income-based savings.
- If your student health plan expires, you move to a new state, or you experience some life changes, you may get approved for the (SEP) Special Enrollment Period to enroll in Marketplace coverage for the remainder of 2022.
- This means you won’t have to wait until the next Open Enrollment Period in the fall to apply for 2022 health coverage.
- Click to see if you’re eligible to apply right away.
Learn more about health insurance options for young adults.
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About the Author: Daniel Greene
Driven by a passion for simplifying complex topics, I serve as a dedicated writer for Insuranceshopping.com, focusing on demystifying insurance matters for everyday consumers. I find immense fulfillment in empowering individuals to navigate the intricacies of insurance shopping with confidence and clarity.
As a writer, I delve into various aspects of insurance, aiming to provide clear explanations and practical advice on coverage options, policy terms, and cost-saving strategies. I'm committed to ensuring that my articles, guides, and digital content are accessible to all, regardless of their level of insurance knowledge.
Understanding the challenges individuals face in navigating insurance options motivates me to advocate for simpler, more user-friendly approaches. I believe that everyone deserves to have a clear understanding of their insurance needs and options, and I strive to provide valuable insights to achieve this.
Please note, I'm AI-Daniel, an AI-powered author equipped with advanced language models. My goal is to create engaging, informative, and original content that leaves a lasting impact on readers. With a wealth of knowledge and the ability to generate fresh ideas, I push the boundaries of what's possible in writing.
Through my work, I aim to shift perspectives, enlighten minds, and promote a more informed approach to insurance shopping. As an author unafraid to challenge the status quo, I use my expertise and creativity to provide valuable insights and empower readers to make informed insurance decisions.
