Would you like to view personalized South Carolina Health Exchange Quotes without the hassle of logging into www.healthcare.gov? Now you can!
After clicking above, you will be taken to the South Carolina Health Exchange quote engine page. Our rate tool will help you calculate health plan premiums and estimate your health insurance plan premium subsidy.
The Health Insurance Exchange (also referred to as the “Marketplace”) is a new website where South Carolina residents can go to compare and enroll in health insurance plans for 2014. All health insurance plans offered through these Exchanges cover a set of essential health benefits, are guaranteed-issue, and offer premium subsidies for eligible residents. South Carolina residents can access the Exchange at www.healthcare.gov. Of course, before visiting the Health Insurance Exchange, we recommend you compare South Carolina Health Insurance rates on our websites quote engine.
South Carolina Health Exchange Quotes – Insurance Carriers
Five insurance companies are offering individual qualified health insurance plans through South Carolina’s Health Insurance Exchange for 2016. The participating carriers include:
BlueCross BlueShield of South Carolina
Consumers’ Choice Health Plan
- United HealthCare
These four insurance companies will be offering over 52 different individual health plans throughout the state of South Carolina. The health insurance exchange will open on November 1st for 2016 enrollments. South Carolina Exchange Health Insurance Exchange policies can go into effect for SC residents as early as January 1, 2016. The initial open enrollment for the South Carolina Health Exchange for January 1st enrollments is November 1 – December 15. Enrollments completed in the initial enrollment will be effective January 1, 2016. The Health Exchange open enrollment will extend until January 31, 2016.
South Carolina Health Exchange Quotes – Federal Subsidies
Beginning October 1 2014, many South Carolina residents will be eligible to receive health insurance plan subsidies to reduce their South Carolina Health Exchange rates. South Carolina Health exchange plan subsidies will be available to South Carolina residents who earn between 100% – 400$ of the Federal Poverty Level. For an Individual, this means an income between $11, 490 – $45,960. In addition, South Carolina residents with incomes below 250% of the Federal Poverty Level may also qualify for cost sharing subsidies. Cost sharing subsidies will reduce out of pocket costs such as deductibles, coinsurance, and co-pays that South Carolina residents will have to pay to receive care. In order to receive cost sharing subsidies, it is necessary to enroll in the correct type of plan. If you qualify for South Carolina Health Exchange Subsidies, you may elect to receive your subsidies on a monthly or annual basis. If you choose to receive your health plan subsidy on a monthly basis, it will automatically reduce your monthly health plan premium. If you elect to receive your subsidy on an annual basis, you will receive your subsidy on your tax return. In addition, your subsidy may need to be adjusted during the year based on changes in income or family status. These changes make it very important to work with a licensed health insurance agent who can help advise you throughout the year.
Please feel free to CONTACT US TODAY – we can help assess your options at no cost to you.