Qualified Plans on Health Insurance Marketplace
Beginning October 1, 2013, each state was required by law to have a new online marketplace where residents can buy health insurance. In these marketplaces, most states will offer five tiers of Obamacare Health Exchange Plans: platinum, gold, silver, bronze and catastrophic. Platinum plans will offer the highest level of coverage but tend to cost more in monthly premiums. Bronze plans will cover only a bare minimum of health care expenses but tend to have low premiums. If you are relatively healthy and want to pay less up front, consider a lower-tier plan such as bronze or silver.
You should also look at a Health Insurance Marketplace plan if you are lower-income, because the government will give financial help on a sliding scale to pay for premiums, and better benefits if you select a silver-tier plan. If you have not already done so, we can tell you if a Health Insurance Marketplace plan makes sense given your income on the State Overview tab, under the heading, "Do I Qualify For a Tax Break?"
Read ACA and Health Insurance: Which "Metal" Tier is Right for You? for more advice on choosing between metal tiers.
Beginning October 1, 2013, each state was required by law to have a new online marketplace where residents can buy health insurance. In these marketplaces, most states will offer five tiers of Obamacare Health Exchange Plans: platinum, gold, silver, bronze and catastrophic. Platinum plans will offer the highest level of coverage but tend to cost more in monthly premiums. Bronze plans will cover only a bare minimum of health care expenses but tend to have low premiums. If you are relatively healthy and want to pay less up front, consider a lower-tier plan such as bronze or silver.
You should also look at a Health Insurance Marketplace plan if you are lower-income, because the government will give financial help on a sliding scale to pay for premiums, and better benefits if you select a silver-tier plan. If you have not already done so, we can tell you if a Health Insurance Marketplace plan makes sense given your income on the State Overview tab, under the heading, "Do I Qualify For a Tax Break?"
Read ACA and Health Insurance: Which "Metal" Tier is Right for You? for more advice on choosing between metal tiers.
Participating Companies
In Wisconsin, thirteen insurance carriers will offer individual health plans through the Health Insurance Marketplace. They are: Arise (WPS Health Plan, Inc.) , Common Ground Healthcare Cooperative, Compcare Health Services Insurance Corporation (marketed as Anthem Blue Cross and Blue Shield) , Dean Health Plan, Group Health Cooperative of South Central Wisconsin, Gundersen Health Plan, Health Tradition Health Plan, Medica Health Plans of Wisconsin, MercyCare Health Plans, Molina Healthcare of Wisconsin, Physicians Plus Insurance Corporation, and Security Health Plan of Wisconsin, Unity Health Insurance.
With the exception of Anthem Blue Cross and Molina, all insurers in the marketplace are Wisconsin-based companies. Though some insurers will offer plans statewide, only three – Anthem Blue Cross, Common Ground and Molina – will offer policies in southeastern Wisconsin.
Last updated by Harder, Ben | October 11, 2013
In Wisconsin, thirteen insurance carriers will offer individual health plans through the Health Insurance Marketplace. They are: Arise (WPS Health Plan, Inc.) , Common Ground Healthcare Cooperative, Compcare Health Services Insurance Corporation (marketed as Anthem Blue Cross and Blue Shield) , Dean Health Plan, Group Health Cooperative of South Central Wisconsin, Gundersen Health Plan, Health Tradition Health Plan, Medica Health Plans of Wisconsin, MercyCare Health Plans, Molina Healthcare of Wisconsin, Physicians Plus Insurance Corporation, and Security Health Plan of Wisconsin, Unity Health Insurance.
With the exception of Anthem Blue Cross and Molina, all insurers in the marketplace are Wisconsin-based companies. Though some insurers will offer plans statewide, only three – Anthem Blue Cross, Common Ground and Molina – will offer policies in southeastern Wisconsin.
With the exception of Anthem Blue Cross and Molina, all insurers in the marketplace are Wisconsin-based companies. Though some insurers will offer plans statewide, only three – Anthem Blue Cross, Common Ground and Molina – will offer policies in southeastern Wisconsin.
Last updated by Harder, Ben | October 11, 2013
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