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Picking health insurance on your own — without the help of a human resources department — can be daunting. Instead of throwing up your hands in frustration, here are answers to questions self-employed individuals often have about open enrollment. Doing nothing will mean they are automatically reenrolled in last year's marketplace plan. How much health insurance costs the self-employed Cost will vary, depending on the plan you choose, who is covered and what subsidies you're eligible for. If you want more specific help, you can also choose to work with an agent or broker who is trained and certified to sell marketplace health plans in the state they are licensed.
Persons: Anthony Lopez, Alexa Irish, Laura Speyer, enrollees, Lopez, You'll Organizations: Getty, Centers, Medicare, Medicaid Services, U.S . Department of Health, Human Services, deductibles, state's Department of Insurance Locations: trepidation, eHealth
momcilog | E+ | Getty ImagesFor the most part, Medicare beneficiaries in Advantage Plans are happy with their coverage, a new study suggests. However, if you're among those who are not thrilled about your 2023 Advantage Plan, you can do something about it. Or, they can drop the one they have altogether in favor of basic Medicare (Part A hospital coverage and Part B outpatient care coverage). Additionally, if you drop your Advantage Plan, don't assume that you'll be able to get a so-called Medigap policy, which many beneficiaries pair with basic Medicare. This means that once you move to a different Advantage Plan or drop it for basic Medicare, the change is generally locked in for the year.
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