Tag Archives: inexpensive health insurance

Benefits of Low Cost Health Insurance

Healthcare costs in the U.S. are rising, and according to government statistics over 40 million Americans may not have affordable health insurance. Health insurance plans that offer services at much lower costs are a necessity to individuals such as students, the unemployed, and those on a fixed income. These plans need to be not only reasonably priced, but also they need to cover the health needs of the individuals who they are insuring. This should include regular medical care, as well as major medical expenses resulting from illnesses such as cancer or diabetes.

Many colleges, especially those that are accredited by the state, may already offer low cost health insurance coverage to students who are enrolled full time and are between the ages of 17 and 19. It is important to check each of these programs out before enrolling because they are all different. There are some advantages to these college programs such as lower cost and the ability to transfer to another university without losing their insurance.

However, there are problems with these low cost plans, whether they are plans for students or others who need this service. Often these programs compensate for having lower premiums by having fewer benefits. Services that may be covered on higher cost plans are often times left out of these plans. Some of these services may be ambulance service, blood transfusions, oxygen, or even prescription medications.

Inexpensive Health Insurance For The Unemployed

Being jobless can represent a financial downside. You could be depending on somebody else to compensate your day-to-day expenses such as a home to live and food to eat. Health insurance is something that everybody necessitates and not enough people have accessible because of these additional financial burdens. Whatever emergency such as a automobile accident or broken bone will call for decent medical aid. What do you do once you don’t hold insurance and can not afford costly medical examination bills? If you’re unemployed, you need to ascertain health insurance to prevent this from happening.

COBRA is a law in which many people could be eligible to remain on an employer’s health insurance plan even after they lose their employment. The most ideal person for this coverage is someone who’s between jobs and isn’t in need of long-term aid. It can last at any rate a year to those who qualify, but the premium amount is still an expense that some unemployed individuals may not be capable to take care of with their lack of income. If you are able to pay the premium and are eligible, COBRA will also cover your spouse and children who are dependent on you for insurance. The best way to determine if you could receive health insurance is to contact your local employer’s benefits department and fill out the required forms.

You can also shop around for typical health insurance. Many free Internet services are proven reliable by the Better Business Bureau Online. By speaking with one of these insurance experts, you can get help finding the most affordable health insurance that will fit your specific needs. They know the rates of thousands of insurance companies and can fix you up with appropriate coverage for your specific needs. If you have a spouse or children, having health coverage is a necessity. Life is full of unexpected events and you cannot ensure that everyone will stay completely healthy until you have insurance again because accidents do happen. Finding an affordable coverage rate on your own can be a hassle. The experts at these companies are offering their assistance to you, often as a free service. Whether you need to find something short-term or for an extended period, they are qualified and dedicated to helping you.

If you find yourself unemployed at any time in your life, you are probably without health insurance. This can be a nightmare whether you have a family or not because medical expenses can put you into debt quickly. Luckily, there are ways of finding affordable coverage providers that can keep your health, as well as your finances, safe. A simple doctor visit can cost you significantly more money than it would with insurance. Do not let yourself become one of the many people who are unfortunately living life without proper insurance coverage.

Cheap Health Insurance For Individuals

Individuals have many options to obtain cheap and affordable health insurance.  This article describes the many ways a single person can get a health insurance policy for just as cheaply as a group.

However, keep in mind that there are savings in numbers.  The more people in a single plan, the better savings for every member.  Some states, such as Florida, allow you to buy group health insurance policies for an individual.  Other states allow two people together to qualify for a group rate.  If you are the sole proprietor in your family, you may be able to claim your spouse as an employee and receive a group rate.

Another option for self-employed individuals is the NASE (National Association for the Self-Employed.  This association offers self-employed individuals the option to take off all of their medical premiums as well as their non-insured medical expenses from state, federal, and self-employment taxes through a program called 105 HFR.  If you are not part of a company and are self-employed, you may be able to get lower premiums by joining a group, such as trade or alumni associations.  For example, as a writer, I could join a group association that helps writers secure discounted health insuranfce.  For example, associations such as the ASJA (American Society of Journalists and Authors) could help writers get cheaper health insurance.  Fitness instructors may choose to participate in the health insurance program offered through IDEA, with health and fitness professionals.  In addition, woman who are pregnant may elect to join the American Pregnancy Association and receive government funded programs and cheaper health plans, not subject to state regulations.

However, make sure you understand that an association health plan is not the same thing as a group health plan, since insurance companies do not need to provide the same premium for each member of a association, but will most likely do so for a group.