Under 65? Learn About Health Insurance Plans for 2020

Finding affordable health insurance that won’t empty your bank account can be a challenge if you don’t know where to look. The good news is that we’ve put together a list of all the top cheap options available.

With our guidance, you can find a plan that meets your needs without breaking your budget. In fact, you’ll find more cheap health insurance options than you think!

1

Learn About Getting Free Health Insurance From the Government

Even if you’re under 65, you may still qualify for government health insurance.

  • If you have a low income, you may qualify for Medicaid.
  • If you have a qualifying disability, you could get Medicare even if you’re under 65.

Medicaid is free or low-cost health insurance that is available in every state. If you and/or your family meet the income requirements, you can get essential coverage for little to no cost. This includes doctor and nurse practitioner visits, hospital costs and even long-term care (i.e. nursing home care).

Want to make sure you get free coverage? If you have ALS or end-stage renal disease and have been receiving disability insurance or paid Medicare taxes for a certain time, you can qualify for free Medicare health insurance for all hospital stays.

Additionally, you can qualify for inexpensive Medicare Part B premiums, which cover medically necessary treatments like preventative care.

Ready to apply for Medicare and/or Medicaid? Don’t wait! The sooner you apply, the sooner you can get covered. Also, by applying early for Medicare Part B, you can guarantee lower premiums.

Before you begin your Medicaid application process, the first step is determining your eligibility. Under the Affordable Care Act, the eligibility standards were simplified through the Modified Adjusted Gross Income (MAGI) system.

Net income standards vary by state, which is why eligibility is not the same across the nation. After your financial eligibility is configured, additional requirements must be met before you can apply for Medicaid. First, you must be a resident of the state in which you are filing your application. Next, you must be a U.S. citizen, or a qualified non-citizen with legal presence. Further your eligibility may be limited based on your age, whether or not you are pregnant, and if you are a parent.