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Affordable Health Insurance in Indiana: What Most People Don't Know
Five facts most Hoosiers learn the expensive way.
1. "Affordable" on the marketplace means subsidized
HealthCare.gov prices are designed to be offset by the premium tax credit. Without it, you're paying the full cost of a guaranteed-issue pool.
2. There's a second market
Private shared-network plans on Cigna, Aetna and PHCS PPO price on health instead of income. For healthy people above the subsidy line they're often half the price, with a PPO.
3. Your doctor probably takes the PPO, not the HMO
National PPO networks are what most employer plans use. Many doctors in Indianapolis and Fort Wayne are in the Cigna, Aetna and PHCS PPO network and not in the narrow marketplace HMOs.
4. You can enroll in a private plan any month
No waiting for November. Apply by the 20th, coverage on the 1st.
5. The deduction applies either way
Indiana has a low flat state income tax and many counties add their own, so the self-employed health premium deduction helps at both levels.
And one Indiana-specific thing
Indiana's Healthy Indiana Plan covers lower-income adults, so the people still shopping the marketplace are mostly above the subsidy range — the group private plans are built for.
Check your options to see what affordable actually looks like for your situation.