3 Easy Steps

  1. 1. Make your Selection
  2. 2. Compare Plans
  3. 3. Apply
  Zip Code Age Gender Smoker  

APPLICANT 

 
 

SPOUSE

remove
 

CHILD

remove
Please fill out all fields correctly
Please wait, you are being redirected to a regional web site...
date

HealthSource RI

 

To reap the benefits of the new and improved Rhode Island health insurance system, you have to know how it works. With how sweeping the Affordable Care Act is, it’s pretty easy to be confused. At ForHealthInsurance.com we understand your plight, and we are here to help. The following guide will help you through Rhode Island’s new HealthSource RI online health insurance  marketplace, so that you can feel confident picking the plan that’s best for you.

What are the HealthSource RI options?

If you’re worried that finding the right Rhode Island health insurance plan is going to be a pain, then worry no more. HealthSource RI is simple to understand. Plans are dubbed as either Bronze, Silver, Gold or Platinum. These names reflect how much the plan’s monthly premium will be versus it’s out of pocket costs. For example, Platinum plans have fewer out of pocket costs, but have more expensive monthly premiums. While Bronze plans cost the least each month, but have a lot of out of pocket costs. This is where the question of how often you go to the doctor comes into play. A bigger premium won’t be so bad if you’re frequently visiting the doctor and don’t have to worry about a copay.

If you are thinking that a Bronze or Silver plan might be skimpy on benefits, you should know that the Affordable Care Act requires all new health insurance plans (regardless of their metal-tier) to cover an array of essential medical services. Which means that no matter which Rhode Island health insurance plan you pick at HealthSource RI, almost all of your medical needs will be covered.

How do I choose between the HealthSource RI plans?

Now that you have a basic idea of what the plans available to you at HealthSource RI are, you can work on choosing the right one. The first step is take your income after taxes and figure out how much you can spend on healthcare. This includes the cost of your current Rhode Island health insurance as well as the cost of  prescriptions, doctor’s visits. Now that you have a number to work with, log onto the HealthSource RI website and browse through some Rhode Island health insurance plans that fit your budget with both high and low premiums.

Are these plans going to cost me a fortune?

For many people the Affordable Care Act will make Rhode Island health insurance less expensive, but how? Mostly it will be through federal tax subsidies. If you buy a HealthSource RI marketplace plan, you will get a tax subsidy if your annual income qualifies you. You are eligible for a subsidy if you make between 133 percent and 400 percent of the Federal Poverty Line. The subsidies are designed so that you only pay a fixed percentage of your income in monthly premiums for your Rhode Island health insurance.

How do I buy a Health Source RI plan?

To buy a Rhode Island health insurance plan at Health Source RI give us a call here to speak with one of our health insurance experts or enter your zip code above to see what plans are available in your area.