Frequently Asked Questions

You’ll begin shopping for a plan online with Sandia Insurance. Upon entering your information, you’ll be given a formulated monthly insurance premium. You can use your monthly premium to then choose an insurance plan. Coverage is divided into platinum, gold, silver, and bronze plans, each of which offers different types and levels of coverage. Once you’ve chosen a plan, you can deduct your premium from the cost of the plan to determine the amount that the federal government will send to the insurance company on your behalf. This process and the results it produces will vary for everyone. To ensure you get the plan that’s best for you, it’s important to schedule an appointment with an agent from Sandia Insurance so that we can guide you through the process.

If your insurance plan is being discontinued or your insurance is leaving the market, you will be switched over to another insurance plan that’s most similar to the price and coverage of your previous plan. In this instance, it’s important to immediately schedule an appointment with us so that we can further explain your new plan and finalize paperwork.

An HSA is a tax deferred health savings account that can be used to pay for costs associated with healthcare. In purchasing a qualified, high deductible insurance plan, you can then open a health savings account. The funds deposited into this account are non-taxable and can be used to pay for exams, prescriptions, visits, etc. related to health, dental, vision, and beyond. These accounts not only aid in paying healthcare expenses and avoiding taxes, but also lower your taxable income.