Last week I shared my thoughts on buying health insurance as a self employed individual. As you know, I ended up getting an individual health insurance policy that is HSA-eligible with a $10,000 deductible.
Today I thought I’d share more about the process of getting a quote through eHealthInsurance.com. It’s pretty straight-forward, but I thought I might give you an idea of what to expect. The process is a lot like getting life insurance. Except I didn’t have to go through an exam. Here’s how it goes down:
Step 1: Visit eHealthInsurance.com and Request a Quote
On page one of the request you will simply need to select “Insurance Type” and enter your zip code. I chose “Individual & Family” for type. On page two you will need to confirm your county, date to start coverage, and them complete the following for each member of your family to be insured: Gender, DOB, Tobacco Use, and College Student Status. Then, click the “go” button.
You will then be taken to a listing of plans available to you. For me, there were over 100 plans available starting at around $45 per month (adding more family members drastically increased the price though). In Texas, I had the following insurers available to me: Blue Cross Blue Shield, CIGNA, Aetna, United Health One, and some others.
Lastly, you’ll be able to sort plans by the following categories: best seller, price, deductible, ratings, and company. You will also be able to search plans that your doctor uses (very helpful).
I was disappointed that you could not sort results by “maternity coverage” or “HSA-eligible”. However, there are little buttons that designate this coverage beside the listings. You just can’t sort using them.
Keep in mind that the price you see by each plan is merely a quote. It could go up depending on your medical history and other factors. Mine went up by $20 after they learned of my weight.
Step 2: Application for Health Insurance
Once you choose a plan that’s right for you, you will need to apply to the plan. This will vary from plan to plan. But the process is generally the same. You will need to provide personal information and answer a series of medical history questions for each person being insured. If you have questions, I’ve found the staff at eHealthInsurance.com to be very helpful. They have a live chat feature and they have a toll free line at 1-800-977-8860.
You can pay for your first month’s premium during the application if you want coverage to start asap. I chose this feature and saw a charge on my account within a week.
Step 3: Questions from the Insurance Company
Your application is then forwarded to the insurance carrier. They will then review the application and call you with any further questions they might have. They ended up calling me a couple of times because the underwriter had several questions. Once all their questions are answered, you’re ready to be approved.
Step 4: Approval and Making Your Payment
The final step is to receive approval from the insurer and make your payment (if you haven’t already). In my case, my true premium was $20 more than my quote, so I received a letter, along with my insurance cards, requesting that I make an additional payment to cover the premium. Once I made that payment, I went from being conditionally approved to fully approved.
Getting health insurance wasn’t that terrible of a process. And eHealthInsurance.com made it pretty easy. You can log into your account throughout the entire process and check your status. They are in constant contact with your insurer and will keep you up to date.
Have you had experience getting a quote with eHealthInsurance.com? Would love to hear your thoughts in the comments below.