FAQ

How do I know which insurance coverage is right for me?

Parks Insurance Agency has years of experience and will work with you to select the right plan.

I heard that the insurance is at low or no cost. Where does the funding for this type of insurance come from?

This is the new Affordable Care Act (ACA). Due to Covid 19, the subsidies have been
permanently increased, creating free health insurance for many.

What is the difference between Medicaid and Medicare? How do I know which one I qualify for?

Medicaid is for people under 65, and Medicare is for people over 65. Medicaid approval is
minimal. Only 17.8% get approved as of 2021, and 100% of people get approved with Parks
Insurance. With Medicare, almost everyone can receive; however, there is a considerable need
for Medicare Supplemental Plans, and Parks Insurance offers those plans for free.

If I become employed, what happens to the insurance I received with Parks Insurance?

You can keep your insurance. The representatives at Parks Insurance will contact you quarterly
to update your file. However, it is best practice to reach out to us directly at 866-932-7200 and
notify us of your new employment.

What does medical insurance cover?

It covers your doctor’s visits, medications, mental health, substance abuse treatment, surgery,
nursing home coverage, hospice care, and pregnancy.

Are dental and vision benefits included with this coverage?

No.

Can I include my family on my insurance?

Yes. The health plan is still free for your family members.

Does this insurance cover maternity care?

Yes

Is this coverage in all 50 states? What happens to the insurance if I move?

Parks Insurance is certified and suitable in all 50 states. If you move, contact Parks Insurance at
866-932-7200.

Does the insurance renew automatically?

Yes, However, Parks Insurance will reach out to you at renewal time around October every year
to make sure the plan doesn’t need to be changed to fit your needs.

Do the insurance premiums increase each year?

No, your premiums will only increase if you significantly increase your yearly income ($50,000
or more).

Can I have Parks Insurance instead of what my spouse’s company is offering?

Yes, through the ACA, the rules allow this insurance to be available to all.

How old do I have to be to get medical insurance coverage?

Insurance coverage is available from birth and continues.

Does this insurance plan cover prescriptions?

All prescriptions are available through these health plans.

If I become self-employed, will I still be able to maintain the insurance benefits?

Yes, absolutely many of our clients are self-employed.

Will this insurance cover pre-existing conditions or medications?

Yes, ALL pre-existing conditions and medications are covered.

Are non-citizens available for coverage, and if so, what type of identification is needed?

Yes, you are still eligible to receive benefits. You must have at least a Tax ID number.

What if someone does not have a bank account?

There is no need for a bank account as health insurance is free.

Is there a vast selection of doctors available in the network for me?

All plans have a generous selection of providers. Generally, you will have more than 12 doctors
within a 12-mile radius of your location.

What if an individual does not have an address to receive an insurance card?

The Parks Insurance Agency staff will reach out based on the contact number. If you do not
have a physical address when the card arrives, it will be sent to you digitally by cell phone or
email.

Will I be taxed for using the insurance if employed?

No, you will be taxed only if you are not honest when asked about employment during your
yearly update as long as you are honest about your income.