Individual Health Insurance

Individual Health Insurance

When it comes to Individual Health Insurance,

What is The Affordable Care Act (ACA)?

The Affordable Care Act (ACA), commonly known as Obamacare, was established to enhance the accessibility, affordability, and quality of health insurance for individuals and families.

ACA plans, available through the official Health Insurance Marketplace, provide essential health benefits (EHBs) such as preventive care, emergency services, and prescription medications.

At BroadZero, we are committed to helping our local residents navigate ACA plans with clear, comprehensive information and expert guidance.

What is Hospital Indemnity Insurance?

Managing healthcare costs, especially during unexpected hospital stays, can be overwhelming. Hospital indemnity insurance provides an extra layer of financial protection to help ease the burden.

Unlike traditional health insurance that pays healthcare providers directly, hospital indemnity insurance offers a cash benefit that you can use however you need—whether it’s for deductibles, copays, transportation, or everyday expenses.

At BroadZero, we’re committed to helping residents of Philadelphia, Bucks County, and surrounding areas understand hospital indemnity insurance—its benefits, eligibility, and coverage—so they can make informed healthcare decisions.

Health Insurance Mistakes…

We see mistakes all the time when it comes to Individual Health Insurance, many people get some sort of coverage and never look at it again until a problem surfaces. Our advice is to have it reviewed if you have any questions.  Use the table below to check if you may have made a mistake when it comes to your life insurance coverage.

Some common coverage mistakes we see:

Focusing Only on Monthly Premiums

Many people choose the cheapest plan without considering deductibles, copays, and out-of-pocket maximums. A low premium can mean higher costs when you actually need care.

Not Checking the Provider Network

Selecting a plan without confirming that your preferred doctors, hospitals, and specialists are in-network can lead to surprise out-of-pocket expenses.

Choosing the Wrong Plan Type (HMO, PPO, EPO, etc.)

Each type has different rules regarding referrals and out-of-network coverage. Selecting the wrong type can limit your healthcare options.

Overlooking Prescription Drug Coverage

Some plans may not cover necessary medications or may have high copays for specific prescriptions. Always check the formulary (drug list) before choosing a plan.

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