The rate of uninsured Fort Worth residents is consistent with the overall rate in the state of Texas. This means that almost a quarter of city residents lacked medical coverage as of 2011. Doing without access to quality healthcare is risky. Investigate your Fort Worth, TX health insurance options before you get sick or injured.
You do not have to look for quality Fort Worth health insurance all by yourself. A independent agent in the Trusted Choice® network can assist you by answering policy questions and helping you compare a variety of Fort Worth medical insurance quotes for different types of policies. You can expect sensible solutions and competitive price quotes when you contact a local Trusted Choice member agent.
Fort Worth Health Insurance Facts
- Rate of uninsured in Fort Worth and Arlington: 23.6%
- Rate of uninsured Texans: 24%
- Rate of uninsured Americans: 16%
The state of Texas has a higher rate of uninsured residents than the national average, and Fort Worth is not immune to this problem. Many people obtain subsidized health insurance through their employers. Those that do not have this option and who do not quality for Medicare, Medicaid or coverage under their spouse's policy must purchase coverage on their own.
As a term of the recently passed Affordable Healthcare Act, uninsured Fort Worth residents must purchase a policy by January of 2014. Fortunately, thanks to the new Texas healthcare exchange, rates are more affordable than ever.
What Are Some Common Fort Worth Health Insurance Choices?
There is typically no single best health insurance option for everybody in the city. Some residents may be able to choose between different plans, while others may struggle to find one good solution. A good local health insurance agent will be familiar with common types of Fort Worth health insurance and be able to make sensible suggestions.
Here are some common types of health insurance to discuss with a local agent:
- Employer-based group medical plans
- Individual and family health insurance
- Supplemental health insurance
- State and federal public health plans and clinics
- Private foundations and charities
- Plans available on the Texas Healthcare Exchange
If you work for one of the larger city employers, like American Airlines or GE Manufacturing, your employer most likely offers you group healthcare benefits for which they pay a substantial part of the premium.
Some employees prefer to purchase an individual or family medical policy because it is transportable from job to job. In some cases, private plans may even be cheaper than group plans. If you work at a job without group insurance or you are self-employed, you might want to investigate private medical plans. Just be certain that the option you choose provides the type of coverage you need.
What Are Some Fort Worth Public Health Options?
There are also public medical plans for people with lower incomes. The Children’s Health Insurance Program (CHIP) is a popular alternative to insure the children of low to moderate income families.
Until recently, the Texas Risk Pool insured people without group coverage were declined by private insurers. Under the Affordable Healthcare Act, insurance companies can no longer turn people away for coverage or charge them higher rates because of pre-existing conditions.
Some families will purchase private insurance for some family members, and public plans for other family members who qualify. A local agent can help you come up with an effective and affordable strategy for your family.
How Much Does Fort Worth Health Insurance Cost?
Nobody can tell you how much your health plan will cost without knowing something about you, your family and the health plan you choose. Consider some factors that may affect your premiums:
- Group premiums depend upon the employer’s contribution, type of plan, insurance provider and plan choices. Some large employers offer a selection of medical plans to their employees.
- Private insurance rates depend mostly on the health and age of the applicants, coverage options selected and policy limits. If you are considering a private plan, you will have to compare quotes from a few local companies to get a good idea how much your coverage should cost. A local agent can help you balance the cost and benefits of different alternatives.
- Health plans on the Texas healthcare exchange, or marketplace, offer group rates to residents. Policy rates are based solely on your age, your income and the number of people in your family.
- Public health insurance is available for low income families based upon a sliding fee schedule. For example, Tarrant County has a number of free and low cost health clinics for the poor or uninsured.
- The Texas Risk Pool bases its rates upon the age, deductible and location of the applicant. This pool is not a low income plan and will cease to be necessary in 2014.
Compare Fort Worth Medical Insurance Quotes
For many, it can be very confusing to shop around for the best health insurance coverage. A local Trusted Choice agent can help you understand your various policy options and will enable you to compare Fort Worth medical insurance quotes from a variety of insurers.
Having a Fort Worth health insurance policy will enable you to receive preventive care and routine health screening and this can serve to prolong your life and well-being. Contact a Trusted Choice member agent today to learn more.