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Pick Your Health Insurance Plan Early

Pick Your Health Insurance Plan Early


If you don’t act by January 15, 2024, you can’t get 2024 coverage unless you qualify for a Special Enrollment Period. Enroll by December 15, 2024 for coverage that starts January 1, 2025.

Choosing a health insurance plan can be complicated. Here are a few things before you compare plans can make it simpler.

There are 4 metal categories: These health insurance plan categories – Bronze, Silver, Gold, and Platinum. These categories show you how you and your plan share costs.
Your total costs for health care: You pay a monthly bill to your insurance company, known as a premium, as you would for any insurance you have. You pay out-of-pocket costs, including a deductible, when you get care. It’s important to think about both kinds of costs when shopping for a plan.
Plan and network types — There are various plan and network types from which to choose. They are HMOPPOPOS, and HSA.

The opinions expressed in this material are for general informational purposes and should not be considered a solicitation for the purchase or sale of any products.  The information contained in this article was developed from sources believed to be accurate.  This material is not intended as tax or legal advice.  It may not be used for the purpose of avoiding any federal tax penalties.  Please consult legal and/or tax professionals for specific information regarding your individual situation.  For more complete information please access the government website www.healthcare.gov.  AGE-6766686.1 (7/24)(Exp. 7/26)