Question 1

What is the purpose of Insurance by Nancy?

Accepted Answer

Insurance by Nancy helps individuals and families find affordable healthcare plans by providing expert guidance and comparing coverage options to find the best plan that fits their needs and budget.

Question 2

What are the minimum requirements to obtain coverage through the health insurance marketplace?

Accepted Answer

To obtain coverage through the health insurance marketplace, you must be a U.S. citizen or lawfully present immigrant, reside in the United States, and not be currently incarcerated.

Question 3

How are premium costs calculated for health insurance plans?

Accepted Answer

Premium costs can vary based on factors such as individual vs. family coverage, location, tobacco use, age, and the plan category (bronze, silver, gold, platinum) chosen.

Question 4

What is the penalty for not having health insurance?

Accepted Answer

If you don't have health insurance, you may face a penalty, which can be a flat fee charged per adult and dependent with a family cap, or a percentage of your household income capped at the national average for bronze plan premiums.

Question 5

What is the Small Business Health Options Program (SHOP) Marketplace?

Accepted Answer

The Small Business Health Options Program (SHOP) is a marketplace designed to help small businesses provide health insurance coverage to their employees.

Insurance By Nancy

Company Overview

Company Name

Address

Website

Phone

About Insurance By Nancy

Similar Companies

Frequently Asked Questions about Insurance By Nancy

What is the purpose of Insurance by Nancy?

What are the minimum requirements to obtain coverage through the health insurance marketplace?

How are premium costs calculated for health insurance plans?

What is the penalty for not having health insurance?

What is the Small Business Health Options Program (SHOP) Marketplace?

Technologies Used