How to Not Get Scammed When Buying Health Insurance

If you’re not completely sure what you bought, there’s a good chance it isn’t real health insurance.

I’ve been selling health insurance for seven years, which has covered pre and post Obamacare policies.

The one thing that has remained constant is the fly by night indemnity plans that prey on your confusion and desperation.

I’ve lost count over the years the number of people who I’ve had to break the news to that they didn’t actually buy a full on health insurance policy.

This, as you would imagine comes with a decent amount of shock and surprise that something like that could happen.

As an attempt to help you avoid the mistakes of those people and me not wanting to tell you your health insurance is fake, here’s everything you need to look out for.

We Have a Zero Dollar Deductible
You Can Apply Anytime of the Year
You Filled Something Out Online and Now Your Phone Won't Stop Ringing
You Have to Buy Before the End of The Phone Call

One of the fun treats Obamacare created was a health insurance buying season, this is more technically known as open enrollment.

This is the only time during the year where you are allowed to buy a “real” health insurance policy. It lasts for three months and traditionally starts on November 1 and ends on January 31.

Which, you might notice is slammed right in between the busiest holiday season of the year.

If you are looking to buy health insurance outside of this time of year, without a special enrollment, you need to wait for open enrollment.

Again those questionable indemnity plans can be sold anytime of the year because they don’t meet the requirement to be considered creditable coverage as defined by the law.

You Filled Something Out Online and Now Your Phone Won't Stop Ringing

During your moment of desperation you might have filled out a few forms online trying to get quotes for that real health insurance policy you were looking for.

Within a matter of seconds your phone started ringing and hasn't stopped since.

What happened was the form you completed was part of a lead provider service that sells your information to a bunch of insurance agents over and over again.

I know because that's how I got started back in 2009.

Your phone number is that agents only plan on how to sell a policy.

So they will keep calling until they can’t call anymore.

If or when they do get you on the phone they usually are willing to blur all kinds of lines that increase their chance of getting you to buy.

[christokerkim]

Thank you for the information ! I experienced all these things

[leedaniels]

You are doing such a wonderful thing! I have worked in healthcare for years & understand very little of health insurance.

[garywile]

THANK YOU SO MUCH! I was wary and figured it out but you nailed it for me!

[RedAgainstMachine]

Found out my health insurance is "limited." What is a returned-to-college guy to do with low funds and health problems?

[abcvision]

Where do you find good credible insurance? I think I may have a scam policy. I’m in Georgia

[Moyodsreds]

Was talked into buying multi plan PPO 2 days ago!!!!
What should I do ? Cancel ASAP? What u recommend ? Losing my work insurance sept 30, 2020

[susanbamberger]

Great video, funny too! I just texted an agent and used the the word "dangerous" in regards to Thinking that you are insured. Anyway if you are still answering questions, "is this ARPA (3/11/21 bill) (*stimulus) subsidized health insurance letter the public is receiving for the unemployed legit? And if so, which plans would you suggest for a single person? ? I have had ACA ins. before BCBS silver 1443 and it was good but even with a $925. Subsidy It is still $158. monthly. I keep seeing these "Oscar " health plan offers for free, lol. It just seems fishy, you know what I mean?? So is it a junk policy?

[garylopez]

UPDATE: OPEN ENROLLMENT FOR 2018 ACA/OBAMACARE RUNS FROM 11/01/2018 TO 12/15/2018 THATS RIGHT 6 WEEKS!

[findelostiempos]

what you think about a Multi plan insurance is it a scam

[ernieD]

Grrr, after Googling Ind. ins plans, I did fill out that form on one site. My phone rang just a few seconds later. The guy was nice enough, not overly aggressive. Said he'd reseaerch some plans for me and email me options. I said, that's fine, pls don't call just emails. Let's see how many more calls I will be getting. I'll ignore most now.

[Yaboironn]

Best information about health insurance ive found on youtube

[movietrailers]

Should i accept educator insurance or is something, better

[bjjgarage]

lmao so true, my phone is being blasted. Thank you for keeping it real!

[adamblack]

Where do i shop for health insurance?....Everytime i click on something it takes me to dozens of other websites and people start calling.

[ELIZABETHSANCHEZ-nxkn]

My job just changed our healthcare to Wellnet a self funding insurance plan. I am freaking out ! Calling every where to see if I can get a better plan.

[andrescolorado]

Isn’t having an indemnity policy better than noting ? If you can’t afford or maybe are outside of open enrollment ?

[dnazz]

Hey Joey, I just started selling health insurance and I'd love to chat with you some day to make sure I'm serving my customers correctly. Are you open to that?

[mactastic]

What do you think of the EmblemHealth's Essential Plans?

[rosehans]

Hahaha. Your eloquence makes this delivery bueno....
Even tho alot of what you're saying especially about zero deductible policies have changed. See marketplace ACA policies.
Good shit though 👏🏿

[bryanhauschild]

What percentage of your gross income is affordable max out of pocket