Health insurance for veterans who don’t qualify for Veterans Affairs (VA) health coverage, but who do meet the health care exchange requirements may be able to purchase insurance through Covered California.
Covered California for Veterans
Veterans who are not eligible for VA health benefits may have the opportunity to purchase health insurance through Covered California. Ineligible family members of veterans may also have the opportunity to purchase health insurance through Covered California. They may also be able to get low or no-cost coverage through Medi-Cal, depending on their household size and yearly income.
What is the Minimum Coverage for a Veteran?
If you’re a veteran and are currently enrolled in any of the Veterans Affairs (VA) programs, you can continue your coverage without having to make adjustments to your insurance under the new Obamacare health law. You have met your minimum coverage requirements.
Can Veterans Get a Penalty for Not Having Health Insurance?
Yes. The Affordable Care Act requires all individuals to have minimum essential coverage or they will be subject to a tax penalty when they file their taxes. However, all VA health care programs meet this requirement, which means veterans enrolled in any of these programs are not at risk of being assessed the penalty.
Does VA Health Coverage Meet the Requirements for Covered CA?
Yes. All VA health care programs are considered to meet the Patient Protection and Affordable Care Act “minimum essential coverage” requirements – by providing services in 10 categories, referred to as “essential health benefits.”
Can a Veteran Cancel their VA Coverage and Get a Covered California Plan?
Individuals enrolled in Veterans Affairs coverage who desire to cancel their existing coverage to get a Covered California plan should first take a close look at the cost trade-offs. Because, depending on the level of Covered California coverage being considered, their VA plan may possibly have lower deductibles and out-of-pocket expenses.
To make things easier and to help you get through the confusing health insurance maze, Freeway Insurance, the premier health insurance broker, has partnered with Covered California and some of the nation’s most trusted carriers to help veterans get the low-cost health insurance they need. Even better – Freeway’s services to find you the best health insurance quotes available are 100% free.
No matter which coverage you choose, all health insurance plans available through Covered California cover the same basic Essential Health Benefits as mandated by the Affordable Care Act, including doctor visits, hospital care, emergency care, health coverage for pregnant women, and prescription drugs.
Remember – open enrollment for 2021 coverage begins November 1, 2020, and continues through January 15, 2021. However, Medi-Cal enrollment and special enrollment for those who qualify is open year-round.