Indiana Health Insurance

Overview

If you live in Indiana and either buy your own health insurance or are currently uninsured, this guide is for you. It will help you:

  • Determine whether you may qualify for a credit to help you pay for health insurance under the Affordable Care Act (also known as Obamacare)
  • Compare private health plans using U.S. News & World Report's health insurance ratings for Indiana

If you are enrolling for an Obamacare subsidized insurance plan through Healthcare.gov or a broker, the official deadline to sign up for health coverage in 2014 was March 31st.

From now until November 15, the start of the next open enrollment, you cannot get new yearly insurance unless you have a qualifying life event. See below for those options for coverage and how to avoid the penalty.

Do I Qualify for a Tax Break on Health Insurance?

Use the tool at right to determine whether you qualify to receive a tax credit (called a subsidy) that you can use to pay for health insurance. The calculator will also help steer you toward health insurance options that may be best for your needs.

If You Qualify: Plans That Cost Less

Under the Affordable Care Act, you might qualify for a subsidy to help pay for your health insurance. If you qualify, the subsidy can be used to reduce the cost of your monthly premium or can be taken as an annual tax credit. To take advantage of a subsidy, you must choose a health plan that has been approved by the federal government and the government of Indiana. These plans, known as Exchange Plans, meet a set of standards that aim to eliminate benefit loopholes to make sure that people with pre-existing conditions are not being denied coverage. 

Note: you had until March 31 to enroll for coverage for the rest of 2014 (enrolling on March 31 would cover you starting May 1). If you missed this date, with few exceptions, you will pay a penalty.

If You Don't Qualify: Private Plans

If you don’t qualify for a subsidy, you can still choose among the Health Exchange Plans, or consider one of the many private health insurance plans available in Indiana’s private marketplace. We have rated these private plans on a 1-star to 5-star basis, with 5-star plans providing the most comprehensive coverage.  What’s the biggest difference between a private market health plan and a government-approved one? The trade-off is usually cost. Insurance companies can charge less for private plans with less-extensive network coverage or fewer benefits, which makes more-affordable options available to you.

Do I Have To Buy Health Insurance?

You may have heard that everyone in Indiana must have health insurance in 2014 or pay a penalty – Obamacare's so-called “individual mandate.” With a few exceptions, this is true. For 2014, not carrying insurance will cost $95 per adult plus $47.50 per child (up to $285 per family) or 1 percent of your family’s income, whichever is more. 

U.S. News generally recommends getting health insurance of some kind, even if it is only catastrophic coverage. That's because unexpected medical expenses can easily bankrupt anyone who is uninsured.

Where To Buy Health Insurance

Indiana's Official Marketplace

Health Insurance Marketplace is Indiana’s official portal for buying an Obamacare Health Exchange Plan under the Affordable Care Act. To sign up online for coverage on Health Insurance Marketplace, be prepared to fill out a form that could take 30 minutes or longer. To complete the process quickly, have this info handy:

  • Social security numbers for everyone in your household
  • Your employer’s name and address
  • Your most-recent pay stub or recent records of your wages
  • Information about other types of income you receive, such as alimony, unemployment benefits or a pension

 

Insurance Companies and Brokers

Some people prefer to buy health insurance directly from an insurance company or through a broker. Thanks to strict regulation, you'll pay the same price for a plan regardless of where you buy it – whether on the Health Insurance Marketplace website, through a broker or directly from an insurer – and regardless of whether you sign-up via phone, online, or by filling out paper forms.

U.S. News & World Report has teamed up with GetInsured, an online broker licensed to sell health insurance, to help you buy the subsidized health plan you want. The GetInsured customer service team can answer questions, determine whether you're eligible for a subsidy and help you apply for insurance.

Qualified Plans on Health Insurance Marketplace

Beginning October 1, 2013, each state was required by law to have a new online marketplace where residents can buy health insurance. In these marketplaces, most states offer five tiers of Obamacare Health Exchange Plans: platinum, gold, silver, bronze and catastrophic. Platinum plans will offer the highest level of coverage but tend to cost more in monthly premiums. Bronze plans will cover only a bare minimum of health care expenses but tend to have low premiums. If you are relatively healthy and want to pay less up front, consider a lower-tier plan such as bronze or silver.

You should also look at a Health Insurance Marketplace plan if you are lower-income, because the government will give financial help on a sliding scale to pay for premiums, and better benefits if you select a silver-tier plan. If you have not already done so, we can tell you if a Health Insurance Marketplace plan makes sense given your income. Use the "Shop for Health Insurance Now" section on the top right of this page.

Read ACA and Health Insurance: Which "Metal" Tier is Right for You? for more advice on choosing between metal tiers.

Participating Companies

Indianapolis

Residents purchasing insurance on the Indiana exchange must choose between Anthem and MDWise, according to The Indianapolis Star. Due to its more extensive network, MDWise plans are more expensive than plans offered by Anthem.

Ambetter from Managed Health Services. Since 1994, MHS, a subsidiary of Centene Corporation, has provided health services to over 200,000 Medicaid recipients in Indiana, reports The Flyer Group. On the exchange, Ambetter serves ten counties, including the following: Adams, Allen, DeKalb, Huntington, Koscuisko, Wells and Whitley, according to The Journal Gazette. Its network includes the Lutheran Health Network and the Neighborhood Health Clinics. Ambetter from MHS offers HMO exchange plans in Bronze through Gold tiers.

Anthem Blue Cross Blue Shield. Owned by WellPoint, Anthem is Indiana’s largest insurer.  Its exchange network does not include Indiana University (IU) Health, St. Vincent or Franciscan health systems, but does include Community Health, Suburban Health Organization and Wishard, according to The Indianapolis Star.  Anthem’s network has roughly 50 percent fewer hospitals and 40 percent fewer doctors than its commercial network. Anthem offers HMO exchange plans in Catastrophic through Gold tiers as well as a PoS Bronze exchange plan.

MDwise. Established in 1994 by the Health and Hospital Corporation of Marion County and Indiana University Health, this nonprofit offers exchange plans in 45 counties. Its network includes Eskenzai Heath, Franciscan Alliance, Indiana University Health and St. Vincent Health, according to the company. MDwise offers HMO exchange plans in Bronze through Gold tiers.

Physicians Health Plan of Northern Indiana. Established in 1993, this nonprofit offers health coverage to residents of Indiana, Southwest Michigan and Northwest Ohio. In its regular network, PHP serves 40 counties in Indiana. PHP offers HMO exchange plans in Catastrophic through Gold tiers. 

Need More Help?

The Indiana Department of Insurance Consumer Services exists to help residents resolve issues with their insurance company, locate a doctor or other provider within their network, appeal a denial of service, and resolve billing problems with insurers and providers. Residents can call 317-232-2395 or file an insurance complaint online.

Health Insurance Guide

U.S. News offers information on how to buy health insurance and publishes plan ratings for every state. If you’re over 65, see the guide to Medicare plans. Otherwise, start by looking up the Health Insurance Guide for your state.

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2014-08-01