Private health insurance refers to health coverage provided by private entities, as opposed to government-sponsored programs like Medicare or Medicaid. It is typically purchased through employers, directly from insurance companies, or via health insurance marketplace. Private health insurance plans vary in terms of coverage, cost, and provider networks.

Private health insurance can generally be purchased during open enrollment periods. For 2025 coverage, the open enrollment period is from November 1, 2024, to January 15, 2025. Outside of this period, you may be able to enroll in a plan if you qualify for a Special Enrollment Period due to certain life events such as marriage, birth of a child, or loss of other coverage.

You can purchase private health insurance directly from insurance companies or through health insurance marketplaces. In New Jersey, the state health insurance marketplace offers a variety of plans that meet ACA requirements. HealthPlusLife can help you explore your options and find the best plan for your needs.

The cost of private health insurance varies based on factors such as the type of plan, coverage level, age, and location. Premiums, deductibles, co-pays, and out-of-pocket maximums all contribute to the overall cost. HealthPlusLife can help you compare plans and find one that fits your budget.

Yes, you can purchase health insurance plans that are not ACA-compliant, such as short-term health insurance or catastrophic plans. However, these plans may not provide the same level of coverage or essential health benefits as ACA-compliant plans. It’s important to carefully consider your options and choose a plan that meets your healthcare needs.