It’s time to choose a health insurance plan. The BenefitCompare tool is going to make it easy for you to choose the plan that most effectively covers your claims at the lowest cost.
When you enter your household earnings, the BenefitCompare tool will help you determine if you qualify for a state subsidy that will reduce your monthly net cost. That number is calculated and will be displayed.
Once you create your profile, you’ll be answering a few short questions. By understanding your anticipated medical expenses, BenefitCompare will point you to the plans that are most suitable to your needs.
A few facts to consider when navigating the tool:
- Nearly a quarter of people under 40 years of age, have no claims at all.
- For those who do, the median medical expense is about $1000 per year.
- For people over 40 years of age and older, 11% have no claims and the average amount for those who do is around $2500 dollars each year.
And remember while thinking of your monthly cost, the higher your deductible, the lower your premium.
The entire process will only take minutes minutes and all your answers are confidential.