One of the most important decisions you will make for your family involves providing them with adequate health insurance. Families that have proper health insurance are more likely to receive preventive medical care resulting in early diagnosis and treatment of illnesses before they become serious. Family health insurance also provides a family with financial security in the event of an unexpected illness or injury.
How This Guide Will Help
In this guide, you will find tons of useful tips and advice on how to shop for and find the best health insurance coverage to meet the specific needs of your family. We will address the many options available to you, including individual/family health insurance, group health insurance, separate child health insurance and state-sponsored programs that are available for low to middle income families. We will also address how to compare the many different types of health insurance, which will help you decide on the coverage that is best for your budget and specific health care needs. This guide will also provide tips of how to obtain multiple quotes from various insurance companies and agents, and how to best handle the hard-sell tactics that many people encounter when shopping for health insurance. And finally, you will find suggestions on how to best utilize your family health insurance once you have acquired coverage.
Let's start by defining "family" health insurance. Quite simply stated, this is health insurance that provides coverage for all members of your family. This could be just yourself and your spouse, which is commonly referred to as "subscriber and spouse" coverage. If you are a single parent, it might be health insurance for just you and your children. You may obtain family health insurance in a variety of ways. Most families insure their dependents through an employer-sponsored group health plan because this is usually the most convenient option. However, it may not always be the most cost effective, which is explained later in this guide. For those that do not have access to health insurance through their employer, individual health insurance is the next most common way that families obtain medical insurance. Under an individual health plan, you can add any or all of your dependents, thus providing coverage for the entire family. A less common method, and one that most families do not qualify for, is state-sponsored health insurance through a Medicaid program or State Children's Health Insurance Program (SCHIP).
Who This Guide Is For
This guides is for anyone considering to insure their family for the first time or considering whether to continue insuring their family under their current policy or move them to a new plan. It has been designed to help you weigh the out-of-pockets costs as well as the pros and cons of each option available to you, so that you can make the most informed decision for you family. We believe that empowering individuals with information and helping them to know their options will lead to better choices in health care.
* Note: The information and advice provided in this Guide to Family Health Insurance may not provide the best advice for every situation. The best options for your family medical insurance may be unique and require the advice of a local advisor. We highly recommend that you consult with more than one insurance broker in your state to gather and compare alternative opinions. The owners of HealthInsuranceFinders.com are not responsible for any decisions you make in regards to your family's health insurance through the information provided in this guide.