Family health insurance is an affordable way to take care of medical expenses for your entire family. Family health insurance plans are a great way to provide general coverage for your entire family without the costs of individual insurance plans for each family member.
There are a variety of family insurance plans available that will help you meet your specific financial and benefit level requirements. Contact us today to get expert advice about which family health insurance option is best for you and your family, or get started by comparing family health insurance quotes right now.
Texas Family Health Insurance
When you begin the hunt for a family health insurance plan, it’s critical to pick the plan that best fits you and your specific needs — everyone is different, after all! However, the healthcare insurance industry can be incredibly complex. Choosing an insurance plan that best suits you and your lifestyle is a tough endeavor.
Here at Custom Health plans, we’re here for you! The skilled healthcare experts at Custom Health can provide you with specialized quotes and give you in-depth information about virtually all facets of family health insurance in Texas. Thanks to our partnerships with all the top insurance carriers, we are able to help you get the best rates and coverage.
Family Health Insurance Quotes
Family health insurance allows a person to cover all his or her dependents using a single comprehensive policy, as opposed to individual insurance. And, whether your household contains two people or eight people, it’s imperative that you opt for the right type of plan — the plan that is most appropriate, and most cost-effective, for you and your family.
Under your family health insurance plan, you will be able to fully protect each of your family members. If you or any of your dependents become ill, you’ll be reimbursed for your medical expenses — thereby eliminating serious stress. If you’re in the market for family health insurance, it’s crucial to get an exact quote from a reputable insurance agent or broker. This is where Custom Health Plans comes in!
Think Metal When it Comes to Coverage
The Affordable Care Act – more commonly known as Obamacare – has enacted a variety of new family health insurance options. Understanding these changes will help you find the plan that’s right for your family.
There are four main levels of coverage when it comes to health insurance plans: bronze, silver, gold and platinum. Bronze plans are the cheapest policies, but they also mean high out of pocket costs for things like deductibles, copays, and coinsurance. Platinum policies cost the most, but they offer the most coverage.
Bronze pays for an average of 60% of health care expenses, with consumers picking up the rest. Silver pays 70%, gold 80%, and platinum 90%. But keep in mind that different companies offer differing premiums for the same coverage.
Health Savings Accounts May Work for Your Family
If you get one of the health insurance plans that have a higher deductible per year — $2,500 or more per year – you can get a health savings account, where you can put away tax-free money in order to pay for expenses like the deductibles, copays, coinsurance, and other medical expenses. You can put up to $6,550 per year away tax free in order to pay for those costs (this does not include premiums, though.) The maximum amount that you will have to pay each year in out of pocket health care costs is $12,700. In addition, the HSA money can roll over from year to year if you do not spend all of the money. This differs from flexible spending accounts.
For more information about Family Health Insurance, please see our Frequently Asked Questions section. If you want to learn more about how Obamacare has impacted Family Health, please see our educational resource.