Many individuals and families who use the calculator to find out their health insurance rates are going to be are discovering they will not qualify for a subsidy.
Minneapolis, Minnesota (PRWEB) September 12, 2013
Since launching its online health care reform calculator in late May, healthedeals.com has documented a significant increase in website visitors looking for information about the Affordable Care Act, also known as Obamacare. The site’s health care reform calculator, which has seen the largest area of traffic growth on the site, can help individuals estimate what their health insurance costs will be beginning January 1, 2014.
Based on behavioral analytics, individuals using the calculator indicate they will not receive a subsidy for health insurance at a 33 percent higher rate than those that indicate they will receive a tax credit to purchase health insurance.
“The statistics are telling,” said Brian Dow, Chief Operating Officer of IHC Specialty Benefits, which markets healthedeals.com. “Many individuals and families who use the calculator to find out their health insurance rates are going to be are discovering they will not qualify for a subsidy. While we encourage everyone to consider an essential health benefit plan through a marketplace exchange, some will still look for other options – either temporary health insurance or hospital indemnity plans that will provide some type of coverage at an affordable rate. Or if they do purchase a marketplace plan, they might need gap coverage to cover a high deductible, should an accident or illness occur. Healthedeals.com is committed to offering information, education and insurance products to fit all of these needs.”
Both state and federal health insurance marketplaces are scheduled to open in less than one month. To find out how to calculate an estimate of what health insurance coverage could cost in 2014, visit healthedeals.com.
About healthedeals.com and IHC Specialty Benefits
Healthedeals.com is a website offered by IHC Specialty Benefits, Inc., a member of The IHC Group. The IHC Group is comprised of insurance carriers, and marketing and administrative affiliates committed to providing excellent service and offering competitive health, life, disability, stop-loss, short-term medical, travel and dental insurance products to groups and individuals. IHC Specialty Benefits is a customer-driven company differentiating itself through knowledge, experience and integrity. We, in conjunction with our trusted insurance carriers, share a mutual desire to provide important benefits to our customers and to meet their needs in an innovative, hassle-free manner.