Tag Archives: low cost 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.

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.

Should I Get Health Insurance?

In today’s world with ever-increasing healthcare costs, health insurance is one of the only options available for you and your family.  Being insured by an insurance company is a total necessity, as it will keep you and your family financially safe and healthy.  Without health insurance, you may be inundated with health care costs should one of the members of your family get into an accident.

Many people view health insurance as a waste of money since they think health insurance is too expensive and do not view the risks.  However, you can get health insurance for a low cost and will save you money in the long run.

If you are employed by a company, you can find that getting health insurance via your employer is one of the best ways to get a health insurance plan that suits your needs.  However, you must remember that if you leave your job, you may lose coverage.  Another good way to get coverage is using a personal plan.  If you are not employed by a company or your company does not offer an insurance policy for you, a personal insurance policy is the best choice.

If you must go with a personal health insurance plan, then you should be sure to shop around to get the best deal as well as coverage for you and your family.  Many insurance companies offer different plans, so you should take factors such as your age, medical history, and other habits before choosing one.  You will also need to take your family’s health needs into account if you are buying a family plan.  Be sure not to hide any information from your insurance company, as you will find that this might be very costly if your claim is denied.

By researching different healthcare plans, you will be able to find a plan that suits your needs as well as cut your expenses.  This might be very time-consuming, but you will end up saving a lot of money in the long run with a few hours of research.

Finding Affordable Health Insurance

Finding a health insurance plan that is affordable and also meets your needs is possible, and there are many companies that are there to help you find health insurance that meets your requirements and stay within your budget.  However, many people do not know where to start looking for a good health insurance plan.  This article will show how to find affordable and cheap health insurance easily.

Working with a company that can search out many different health insurance providers can take the hassle out of needing to look for and buy health insurance yourself.  For people who do not want to use a company to locate a good health insurance plan, you can always use the Internet to find a good plan.

Many people in the US go without health insurance simply because they believe that they cannot find a health insurance plan that is affordable.  Consequently, those who don’t have health insurance are less likely to visit a doctor.  Many times, illnesses are not diagnosed until they have developed.

Many factors determine how much your monthly health insurance plan will cost.  Your health insurance rates depend on the kind of policy you have.  For instance, does your health insurance plan cover only yourself or you entire family?  This will affect the quotes you receive.  Are you a younger buyer, or are you in your senior years?  Most health insurance companies adjust your health insurance premium depending on your age.  Do you own a business yourself or are self-employed, or are you getting health insurance from the company you work for?  Factors like these will also affect how much your health insurance costs.

Health insurance is very important, since you never know when an accident might happen and you need medical attention.  For example, if you are getting stitches or help for a broken bone, these bills may end up huge.  However, with health insurance, these bills will build up but you do not need to worry about having to pay for them.  In fact, if you can’t afford to pay your medical bills without health insurance, your credit rating might suffer.

By buying health insurance, you can stop these events from ever happening, and your financial future and your health will be protected.

Another way you can oibtain cheaper health insurance is to get insurance with a higher deductible.  Higher deductibles mean lower monthly premiums.  However, anyone with existing health problems and may need medical treatment may not find this the best choice.

By simply researching affordable health insurance options for a couple hours, you are saving you and your family lots of money every month.  Also, be sure to receive many quotes from insurance companies that meet your financial and health needs.  You will also find that purchasing health insurance via the Internet will save you money.