Best Health Insurance Agencies in Honolulu

Frequently Asked Questions

• Introduction

  If you're looking for health insurance for yourself or your family, an agent can help you save time, understand your options, and manage your costs. Insurance agents must be licensed in the state where they operate. They can provide information about on- and off-exchange plans to help you weigh all of your options, and they can see if you qualify for tax credits that can lower your monthly premiums. There's no cost to work with an agent, and they can help you save quite a bit by recommending the best plan for your needs. Here's what you should know before you get started.
  

• Who benefits from getting short-term health insurance in Honolulu?

  Short-term health insurance provides temporary coverage for fewer than 365 days to Honolulu residents who have missed out on the open enrollment period or cannot access major health plans at present. It is also an alternative option for young adults outgrowing their parents' insurance and new employees awaiting group benefits. Short-term health insurance offers advantages such as lower costs, quick activation, and easy cancellation.

• Can a waiver for employer-based health insurance in Honolulu be granted on the basis of religion?

  Yes. A member of a religious organization with conscientious objections to receiving medical care outside of their community of faith may be granted to waive the requirement for health insurance coverage in Honolulu, though practically all companies must offer health plans to their employees. Moreover, employees who forego health coverage under the state's Prepaid Health Care Act for 2023 must complete Form HC-5.

• Which should you choose in Honolulu, a single or family health insurance plan?

  It depends. To better benefit from your health insurance benefits in Honolulu, you should compare plans before deciding between a single and a family policy. In this regard, if you and your partner are employed, you may stay on your coverage or acquire dual coverage from each other's employer-sponsored health plan. If you have kids, however, a family plan is likely the ideal choice to cover many dependents. Ultimately, choose a plan that gives you the most flexible terms.

• Will you be excluded from obtaining health insurance in Honolulu when you have been imprisoned?

  Not at all. You are legally allowed to obtain health insurance in Honolulu even if you have been imprisoned. To avoid a late enrollment penalty, you have over 12 months from the date of your release from incarceration to enroll within the special enrollment period. Begin the enrollment process by contacting a local Social Security office and submitting a completed CMS-10797 form.

• Does a preference for either in-network or out-of-network medical providers impact health insurance rates in Honolulu?

  The healthcare services covered in your insurance plan may incur higher costs if you choose to receive care from medical providers outside the insurance company's network. In-network healthcare professionals have an agreement with the insurance agency to offer medical services to its policyholders at pre-negotiated rates, resulting in lower costs.

• How can you find affordable health insurance? 

  Affordable insurance is available through employers, Medicare, Medicaid, and the federal Health Insurance Marketplace, which offers subsidies in the form of tax credits. You can also purchase coverage through private insurance companies and independent agents. Nearly half of all Americans have employer-sponsored health insurance, and about 10% of the population is uninsured.