Super Fitness Health BlogWho Requires Individual Health Insurance?
Certainly, in these times of economic uncertainties, finding individual health insurance can be much more difficult than ever. If you can get group insurance you’ll find lower rates, however for individuals it’s going to be a chore finding insurance you can afford. There are a various groups who do not have access to group plans.
There are several individuals who do not carry healthcare insurance because of the high-cost of the premiums. Some do not because they barely even make their ends meet. Finding individual medical insurance is not a simple task. In fact, it cost more than two to three times more than the rate of a group insurance. For example, getting health insurance of over $350 a month can be a waste of money, particularly if you are healthy.
So, in order to save the monthly payments, you just pay for the healthcare that you have a need of. At least, that’s how most people think about health care plans. If they don’t visit a healthcare provider for four to five years why are they spending over $4000 a year for health insurance? It’s a big dilemma for many people whose salary is already tapped out.
Self-employment can be great for the moral and a liberating experience. But if you get sick which cause you to lose a job, then you might be wondering if you need individual health insurance. If you have health insurance you know your income will be covered if you have any health issues that need you to miss work. Some health problems could take over a year or so for recovery. Without insurance, it will become a trial to obtain your work done and pay the hospital bills.
There are also situations in which a person don’t have a job or the company they work for doesn’t have group insurance. They still have to cover the healthcare for their loved ones and need individual health insurance. Again, obtaining a budget friendly medical insurance will take some effort on your part to find an insurance provider that will cover you with an inexpensive plan.
Besides that, there are a host of other people that are part time employees, those who work only a few hours a week that needs insurance but can not afford it. They do not possess any coverage, so if they become ill, they have no backup health plan.
College students also don’t have any health insurance except if they are on their parent’s healthcare plan. However, if they are over nineteen, then they have to have their own individual health insurance. This is a lot of cash as a student to pay each month.
With the new health care plan being enacted in 2014, it might be simpler to find individual health insurance for those who need the coverage. Until then, you’ll have to keep searching until you find individual health insurance that you can pay for.
Individual health insurance PA programs are designed for individuals and families who cannot obtain health insurance through an employer.
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