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Individual Health Insurance Plans & Family Health Insurance Quotes

HealthInsuranceFinders.com is an insurance hub that helps consumers find affordable individual health insurance plans and family health insurance quotes for free. This includes private and family medical insurance coverage, as well as personal medical insurance for self-employed individuals. Whether you're looking for a free family health insurance quote or information on personal health insurance for the self-employed, you are sure to find everything you need at HealthInsuranceFinders.com.

Individual Medical Insurance Overview

What is individual & family medical insurance?

Individual, or family, health insurance is also commonly known as personal health insurance or private health insurance. Most insurance companies offering this product will refer to it as individual health insurance. Family health insurance, where you, your spouse and your children are all on the same plan, is still referred to as an individual health plan. This is the type of policy you would purchase for yourself and your family if your employer does not provide insurance benefits to its employees. You may also consider family medical insurance if you are self-employed, unemployed or a student. Individual and family health insurance plans are available for newborns on up to the seniors at age 65. Once a person turns 65, they become eligible for Medicare and medicare supplemental insurance, and must forfeit their individual medical insurance policy.

We are committed to helping you meet all of your family and personal health insurance needs. We offer access to more sources of individual and family health insurance quotes than any other resource on the Internet. Click on your state for more information and to find low-cost private medical insurance companies in your state. Compare your individual health insurance quote from each company, and narrow down your selections to only the most-affordable individual health insurance plans. Requesting a free personal health insurance quote and making plan comparisons from multiple sources is the best way to find private medical insurance coverage that meets your needs and budget.

Once in touch with an agent, ask them about all of the individual health insurance plans they offer. Know your private and family health coverage options and use the information provided in this section to understand the choices you make.

Individual Medical Insurance Overview

What is individual & family medical insurance?

Individual, or family, health insurance is also commonly known as personal health insurance or private health insurance. Most insurance companies offering this product will refer to it as individual health insurance. Family health insurance, where you, your spouse and your children are all on the same plan, is still referred to as an individual health plan. This is the type of policy you would purchase for yourself and your family if your employer does not provide insurance benefits to its employees. You may also consider family medical insurance if you are self-employed, unemployed or a student. Individual and family health insurance plans are available for newborns on up to the seniors at age 65. Once a person turns 65, they become eligible for Medicare and medicare supplemental insurance, and must forfeit their individual medical insurance policy.

How are individual health insurance plans different?

The qualifications and regulations that govern individual medical insurance vary from state to state and from one insurance company to another. In all states, the primary difference between group (those plans offered through an employer) and family health insurance is that the health plans available to individuals and families are not guaranteed issue. This means that the private health insurance company may turn you down for coverage based on pre-existing medical conditions or they may approve you for medical insurance coverage but exclude benefits for treatments associated with your pre-existing condition. This is what is referred to as an "exclusionary rider," which is an addendum to the standard benefits offered under the health plan that you have selected. Some states do not permit insurance companies to place exclusionary riders on individual health insurance policies. This may seem like a good thing on the surface, but the rate of declined applications is much higher in this case because, if the personal medical insurance company is not able to exclude benefits for pre-existing conditions, they will choose not to offer you coverage. The most common example of this is California health insurance. You should research your state's regulations governing individual and family medical insurance.

How much does individual medical health insurance cost?

The premiums that are charged for individual health insurance plans are based on several factors. These include your zip code, your age, your health status and your lifestyle habits. For instance, smokers will typically pay more for personal health insurance than non-smokers, as will people that are overweight or have pre-existing conditions. Persons that are charged a higher premium are subject to this rate adjustment because the insurance company views them as a higher risk. Once you are covered under an family medical insurance policy, you may not be singled out for a rate increase based on claims history. If the private health insurance company increases your rate, it must increase the rates of all existing plan members covered under the same family health insurance plan. In addition, the insurance company may not cancel your coverage for excessive claims. However, unless you have an HMO plan, your policy will have a maximum annual and maximum lifetime benefit. If your claims exceed the maximum lifetime benefit as defined in your health plan policy, the insurance company may legally cease paying benefits toward any further medical treatments. When this occurs, your policy terminates and you cease making payments for the plan and must find another carrier willing to insure you.

What individual health insurance plans are available?

More information about the options available can be found through the medical insurance resources at the bottom of this page.

Under the individual and family health insurance product category, there are several different types of private health insurance plans available, such as indemnity (fee-for-service) health insurance, health maintenance organization (HMO) plans, preferred provider organization (PPO) plans, point-of-service (POS) plans, and health savings account (HSA) plans. Each plan type differs on two major features: cost and choice. Typically, the more freedom you want in choosing your own doctor and hospital, the more expensive the plan will be. When selecting what type of health plan is best for yourself and your family, you should compare health insurance quotes for each health plan type and shop carefully because coverage and costs vary from company to company and between various plan types

 

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Additional Individual and Family Health Insurance Resources

  • Guide to Family Health Insurance

    HealthInsuranceFinders.com has put together this comprehensive guide to understanding family medical insurance. This guide will help you navigate through the numerous choices you have for insuring your family. It places emphasis on knowing your options and weighing the cost benefits of each option so that you can obtain the maximum coverage at the lowest cost. more...

  • Health Maintenance Organizations (HMO)

    HMO's offer the most comprehensive coverage at the lowest cost to the consumer, but at the expense of choice and options. HMO's require you to choose a primary care physician from within their network of providers and use that doctor as the main point of access to expanded medical services. more...

  • Preferred Provider Organizations (PPO)

    POs provide more freedom than HMO's at a slightly higher cost. If you opt for a PPO, you are not required to choose a primary care physician, but are still encourage (through lower cost) to stay within the plan's network of providers. You can choose to go outside of the network, but your costs can be substantially higher. more...

  • Point-of-Service Plans

    POS plans are the most expensive of the options as they provide the benefits of HMO's and PPOs. Due to the high cost, many insurance companies no longer offer this type of plan. more...

  • Health Savings Accounts (HSA)

    HSA's are special savings accounts that are paired with high-deductible health plans. The subscriber can make tax-free contributions to the HSA, which can in turn be used to cover deductible and co-pays amounts for qualifying medical services. more...

  • Indemnity Health Insurance

    Indemnity plans allow the insured to use any doctor or hospital they choose. The insured is typically responsible for covering the cost of the care up-front and then seeking reimbursement from the health insurance company. These are the oldest form of health insurance and not commonly offered by major insurers. more...

  • Limited Benefit Medical Plans

    These are lower cost alternatives that are growing in popularity and being offered by more and more insurance companies. They are less expensive because they limit the maximum dollar benefits on many of the services covered under the plan, thus reducing the liability and risk to the insurance company. more...

  • Cheap Health Insurance

    As if buying health insurance were not complex enough, buyers often have to sift through many layers of information (and misinformation) in order to find objective and verifiable truths about health insurance. While many companies offer "cheap health insurance" to buyers, there are deeper considerations in purchasing a cheap health plan. more...

  • Etna Insurance; A Common Misspelling For Aetna Insurance

    If you are searching for Etna Insurance, you are probably looking for health insurance quotes or information about Aetna, Inc. Etna Insurance is a common misspelling for Aetna Insurance, one of the leading health insurance providers in the U.S. with over 18 million members and 150 years of history. Indeed, this is a common misspelling because the word "Aetna" is actually pronounced in a way that resembles the spelling, "Etna Insurance". more...

  • Health Insurance Cost

    Health insurance consumers who are in the process of buying individual health insurance coverage oftentimes have difficulty comparing health insurance policies on the basis of cost. Many consumers mistakenly base their purchase decisions solely on the monthly insurance premium costs associated with the plans they are considering. Indeed, most consumers do not take into account the full set of costs associated with health insurance coverage. more...

  • Low Cost Health Insurance

    Most people who are looking to buy health insurance are looking for the best value for their money. This is especially true for Americans who are purchasing private health insurance because it is not available through their employer. In this article, HealthInsuranceFinders.com explores some of the considerations and options in choosing among low cost health insurance plans. more...

  • Health Insurance For Healthy People

    One topic often at the forefront of people's minds is health insurance. For healthy people, however, there is a huge benefit for purchasing it; people without health problems can get insurance without having to pay high premiums. Here, we'll examine how to best find quality health coverage to fit almost any budget. more...

  • The Guide: Health Insurance for Individuals

    There are many reasons why someone would be interested in purchasing health insurance on the individual coverage market. Perhaps your employer can no longer offer coverage, or your parents can no longer offer you coverage under the COBRA plan, or perhaps you simply want to take steps to protect yourself both physically and financially in the event of an accident or illness. more...

  • How To Calculate Health Insurance For The Self-Employed

    Whether working in the private sector, a government agency or a not-for-profit organization, most wage-earning employees will have 50% of Social Security and health insurance (Medicare) totals paid by their current employers. Self-employed individuals do not enjoy this same luxury and are instead required to pay the entire amount of these totals themselves. more...

  • Maintaining Your Health Plan If You Lose Your Job

    No matter what the current economic climate, the fear of unplanned unemployment can always pose a very real and serious concern. Losing a job doesn't only indicate the loss of a steady weekly income. Additionally, the jobless also find fringe benefits, such as health insurance, subside very quickly after termination. more...