So You Need Individual Health Insurance…..

Basic health insurance plans can be the best option for coverage. But what about those who cannot get traditional insurance? What if you have a preexisting condition? Or if you are more than 50 years old? You might be denied being covered under traditional coverage and would have to find individual coverage plans. If you cannot get individual health insurance, you should get a health insurance quote for these plans below:

Association-based coverage can be offered through a trade or professional association. Some professional and religious organizations can offer coverage through group rates. Check your local state department of insurance to find out your insurance rights under your association affiliations. Most associations should offer an apples-to-apples comparison of what they offer compared to other insurance plans. Association-based coverage can provide nation-wide coverage, and generally has fixed premiums, even if you have a medical condition.

High-Risk Pools are for people who have serious medical conditions and cannot get health insurance because of these conditions. This option should be considered as a last resort. To qualify, you must have been refused coverage by at least one or two insurance companies, or if your high-risk pool monthly premium is cheaper than other health insurance monthly premiums. High-risk pools in your state will either be funded by the Affordable Care Act or funded by the federal government in another capacity. Risk pools were created for the more than one million Americans denied health insurance through a private provider because of some previous medical condition. Risk pools should be state-funded,  nonprofit associations that do not rely on tax payers dollars.

Health Insurance Brokers sell different types of health insurance. The broker usually takes a cut or makes commission off of your purchase, so make sure your broker is reputable and has your best interest at heart. Check your state consumers commissioner Web site or find references before making the jump into some random broker’s arms. Brokers may either work for one company or sell insurance from multiple companies. Usually brokers will not be able to offer you all of the insurance options, but the can offer the most popular plans.

Other Types of Policies: Some policies are disease specific, i.e. cancer, heart disease, etc. These types of policies only pay for health care services relating to this disease. This type of coverage should only be a last resort. It does not help lower the majority of health care costs.