at are my options for a health insurance plan that has good coverage? Is it ideal to compare health plans of different companies or I should just buy the first insurance plan that I think has good coverage?
You have to consider a lot of things when you compare health plans. If you’re self-employed, you can join a business or professional association to get group health insurance. The rates for this type of insurance might be lower compared to individual health insurance rates. Group plans also cover those with pre-existing condition. If you’re in between jobs, you should consider getting a short term health insurance plan. Short term health insurance usually lasts for 30 to 356 days depending on which policy you get. You also have the option to use COBRA (Consolidated Omnibus Budget Reconciliation Act) to continue the health insurance you got through your previous employer. Group rates will still apply but keep in mind that you will be paying more than what you used to pay. You’ll be paying for your part of the premium and for the premium your former employer used to pay. It might actually cost more to use COBRA than to get a different private insurance plan. You can use COBRA until you can get a new health plan through your next employer or until you get your own individual health insurance. If you can’t afford private medical plans, then you shouldn’t compare health plans anymore and go directly to your state’s department of insurance. You can ask them if you are eligible for any of the state-funded health insurance programs that they have like Medicaid. Answer by general public - July 3, 2009 @ 2:45 pm No CommentsNo comments yet. Leave a comment |
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You should compare health plans if you intend to get the kind of coverage you want for the cost of the health insurance you pay for. It might seem troublesome at first to research various plan types from several health insurance companies, but it will surely pay off in the end. You can ask for the help of a local independent insurance agent for no additional cost. He can give advice on which plans will best suit your health needs and budget.
