Health Insurance
Health Insurance: Secure Your Health, Secure Your Future
Your health is your most valuable asset, and securing the right insurance is essential to protect yourself and your family from unforeseen medical expenses. At TrueGuard Financial, we are committed to guiding you through the complexities of health insurance, ensuring you have the coverage that best fits your needs and financial situation.
Why You Need TrueGuard Financial Health Insurance
For Individuals and Families:
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The Risk of Being Uninsured: Without health insurance, medical expenses can be overwhelming. For instance, the average cost of a three-day hospital stay is approximately $30,000, and treating a broken leg can cost up to $7,500. Such unexpected expenses can lead to significant financial strain.
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Affordable Care Act (ACA) Plans: The ACA provides subsidies to make health insurance more affordable. For example, a family of four with an annual income of $60,000 may qualify for a premium tax credit, reducing their monthly premium from $1,200 to $400. These subsidies are designed to ensure that healthcare is accessible to a broader population.
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Private Insurance Options: If you do not qualify for ACA subsidies, private insurance plans are available to provide comprehensive coverage. We can help you navigate these options to find a plan that offers the protection you need at a price you can afford.
For Retirees:
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Original Medicare (Parts A and B): Covers hospital and medical services but does not include prescription drugs. Beneficiaries are responsible for deductibles and coinsurance. For example, the Part A deductible for 2024 is $1,600 per benefit period.
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Medicare Advantage (Part C): Offers an alternative to Original Medicare, often including additional benefits like vision, dental, and prescription drug coverage. Out-of-pocket costs vary by plan but are capped annually; in 2024, the maximum out-of-pocket limit is $8,300.
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Medicare and Medicaid Dual Eligibility: Individuals who qualify for both programs receive assistance with premiums, deductibles, and other out-of-pocket expenses, significantly reducing their healthcare costs.
Why Act Now?
Health insurance is not just about covering medical expenses; it's about safeguarding your financial future and ensuring access to necessary care. Without insurance, a single medical emergency can lead to substantial debt. With the right coverage, you have a safety net that provides peace of mind for you and your loved ones.
Take the First Step Today
Your health deserves the best protection. Let TrueGuard Financial assist you in finding a personalized health insurance plan that aligns with your needs and budget. Don't wait until it's too late—contact us today to secure your health and financial well-being.