The Basics of Individual Health Insurance
Individual health insurance is a medical insurance plan that covers those who are not in a group plan. Major Medical insurance can offer comprehensive, long-term or permanent healthcare coverage with benefits options that can include family members, vision and dental benefits, drug and office visit co-pays, and preferred provider discounts.
Individual Health Insurance is suitable for persons who are self-employed, unemployed or employed part-time. This type of policy is also appropriate for early retirees and people not eligible for membership in a group insurance plan.
When shopping for individual health insurance it pays to shop around and get multiple rate quotes from different companies. Price is the most confusing aspect of the individual health insurance market. For instance, the premiums for similar products from different insurers can vary by as much as 50 percent for the same person. In addition, the rules and regulations about individual health insurance vary from state to state, making comparison-shopping a challenge for the consumer.
Also, group policies offered by employers are almost always cheaper than private health insurance plans. That doesn't mean an individual health plan will be priced out of your reach, but it means you may have to give up some choice to keep costs down.
Choosing individual health insurance from is going to be a balancing act between cost and coverage, as well as your philosophy of care.
Get an Individual health insurance quote for a Medical insurance plan from Affordable Health Insurance Options today. Your health matters.
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