If you are feeling overwhelmed with all these health insurance options, don't worry! There is a health insurance plan out there for everyone's budget. The key is to take the time to research and choose coverage that will fit your finances and your health care needs.
Insurance can be obtained from an employer, the government, or even the state you live in. With so many options available, it is easy to find a plan that fits within your budget. Listed below are different ways that you can obtain insurance. Click each row to learn more about them.
Under current law, you can stay on your parents' health insurance policy until you turn 26; then you need to purchase your own.
Getting coverage through your employer can be one of the more affordable choices, especially if the employer pays a large part of the premium. Unfortunately, not all employers offer this option due to the rising costs. Review the coverage offered by your employer to see if it is a good fit. Coverage may also be available for your spouse and children.
This is health insurance provided by the government for a low cost or no cost; and it is based on your income, health, and family size. Coverage is provided to families and children, pregnant women, the elderly, and people with disabilities. The requirements vary from state to state, so first do your research to see if you qualify.
All states are now required to provide affordable health insurance to anyone in need. No one can be denied insurance due to previous health conditions or income. You can compare your state's plans and the costs by doing a web search on your state health marketplace. The amount you pay will depend on your income.
If coverage still seems unaffordable, there are things you can do to reduce your cost—such as choosing a high-deductible plan, taking measures to stay healthy, and getting routine checkups.
Question
Why is it a good idea to compare health insurance plans and find one that fits your budget?
There are many health insurance plans available with different coverage and different costs. Shop around to find the one that is cost effective and offers the best coverage for your budget and your needs. If your employer offers insurance, that may be the most cost effective; but there are other options such as Medicaid for low-income people or your state's health insurance program.
