MOUNTAIN VIEW, Calif., Dec. 18, 2017 /PRNewswire/ -- The open enrollment period for Obamacare ended last week, a full
There are three well-established alternative forms of healthcare coverage that consumers can apply for year round: short-term health insurance, healthcare sharing ministry plans, and health benefit insurance:
Consumers should understand that these three alternatives are different from Obamacare in scope of benefits. For example, they generally do not cover pre-existing health conditions and may not offer all of the ten essential health benefits required by an Obamacare plan (such as maternity benefits and pediatric dental care). Additionally, purchasing a short-term health plan or a health benefit insurance plan alone will not satisfy the Affordable Care Act insurance mandate, resulting in the potential for a tax penalty unless the consumer otherwise qualifies for an exception to the penalty.
AgileHealthInsurance and HealthPocket are the registered trademarks of HealthPocket, Inc. All rights reserved. All other trademarks are the property of their respective owners and are used herein for identification purposes only; such use does not imply endorsement.
AgileHealthInsurance.com was created to educate people about the benefits of short-term health insurance and provide a fast, online process for purchasing these plans. Short-term health insurance is a flexible and low-cost major medical insurance for individuals without expensive pre-existing health conditions. It is not Obamacare. Short-term health plans offer consumers the flexibility to choose health plans with the benefits that matter most to them and combine these benefits with broad provider networks. Additional information about AgileHealthInsurance can be found at www.AgileHealthInsurance.com.
On October 12, 2017, President Trump issued Executive Order Promoting Healthcare Choice and Competition Across the United States. The order requires the Secretaries of the Treasury, Labor, and Health and Human Services to propose, or revise, regulations to expand the use of short-term health coverage.
AgileHealthInsurance is a Silicon Valley-based technology company and independently managed division of Health Insurance Innovations, Inc. (Nasdaq: HIIQ). This press release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements other than historical fact, and may include statements relating to goals, plans and projections regarding new markets, products, services, growth strategies, anticipated trends in our business and anticipated changes and developments in the United States health insurance system and laws. Forward-looking statements are based on our current assumptions, expectations and beliefs are generally identifiable by use of words "may," "might," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue," or similar expressions and involve significant risks and uncertainties that could cause actual results, developments and business decisions to differ materially from those contemplated by these statements. These risks and uncertainties include, among other things, our ability to maintain relationships and develop new relationships with health insurance carriers and distributors, our ability to retain our members, the demand for our products, the amount of commissions paid to us or changes in health insurance plan pricing practices, our ability to integrate our acquisitions, competition, changes and developments in the United States health insurance system and laws, and our ability to adapt to them, the ability to maintain and enhance our name recognition, difficulties arising from acquisitions or other strategic transactions, and our ability to build the necessary infrastructure and processes to maintain effective controls over financial reporting. These and other risk factors that could cause actual results to differ materially from those expressed or implied in our forward-looking statements are discussed in HIIQ's most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (SEC) as well as other documents that may be filed by HIIQ from time to time with the Securities and Exchange Commission, which are available at www.sec.gov. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. You should not rely on any forward-looking statement as representing our views in the future. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
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