Health Insurance Options in Oregon

Oregon Health Insurance

With Oregon’s 2018 average health insurance premiums for individual plans to increase by between 6.9% to 21.8%, choosing an affordable health insurance plan that suits you or your family needs is even more important. Health insurance options are quite abundant for residents of Oregon, and so are insurers. With so many types of health care plan available, you should be able to find the ideal plan to meet all of your medical needs. The obvious issue of course is the price.

The current health care law (ACA) set up an individual requirement for all Americans, which demands that you buy health insurance coverage. If you do not buy health insurance, you may have to pay a penalty to the Internal Revenue Service (IRS), so ensure that you understand your options and stay signed up for coverage. You may get a health insurance coverage through an employer if they provide it or from the federal health insurance marketplace at www.Healthcare.gov during open enrollment.

If you live in Oregon and you either purchase your own health insurance or are without insurance, these options will help.

Medicaid

Oregon is among the list of states to have expanded Medicaid to single, low-income adults since ACA took effect. Residents that want to enroll in Medicaid must meet certain eligibility standards set by the state. If you are searching for coverage through Medicaid, visit the Oregon Department of Human Services’ website.

Oregon CHIP

Oregon Children’s Health Insurance Program (CHIP) offers low-cost health insurance for qualified children. If you are looking for CHIP coverage for your child(ren), visit http://www.oregon.gov/oha/HPA/HP/Pages/Medicaid-CHIP-State-Plans.aspx

Medicare

Medicare spends about $8,942 yearly for each Oregon enrollee, which is below the $10,986 for each enrollee spent across the country. As of 2014, Medicare expenses in Oregon was roughly $6.5 billion annually.

Oregon residents that are eligible for Medicare can opt for a Medicare Advantage plan rather than Original Medicare, and about 44% do so in 2017. About 41% of Oregon’s Medicare recipients are signed up for stand-alone prescription drug benefits through a Medicare Part D plan. Nationally, about 31% of Medicare recipients opt for a Medigap plan, and 45% choose a Rx plan.

Student Health Plans

Students who study in Oregon can get more info from their schools, about the student health plans. Most these colleges offer low-cost student health plans. Some colleges will want you to have a health insurance or may require it for study abroad programs. The fact that your college offers a student health plan doesn’t mean that plan is your only choice. Compare the coverage offered by the student health plan to other options to be sure that the plan you opt for will meet your needs.

Individual Coverage

If you don’t have group coverage through an employer, you can get individual coverage for yourself and your family directly from an insurance provider. Individual coverage is not connected to your employer, so you can keep your plan even if you switch jobs.

If you have any further questions or need special guidance, feel free to check out or get in touch with Oregon’s Department of Insurance and Department of Health and Human Services directly. You can get the contact details at www.healthcare.gov or visit Final Quote for an affordable health insurance quote.