If you're in need of a cheap health insurance plan for yourself or your family odds are you have a lot of questions.
Am I right? Don't feel all alone.
Many people that don't currently have health insurance coverage have never bought a plan in the past, so they really have no idea what would be considered to be good or bad.
Honestly, there are certain intangibles that make it difficult to just come right out and say "this is the best policy for you" without even knowing your situation.
It's going to depend upon a few things, such as follows: 1.
How much you can afford to pay each month for a plan.
2.
Do you need a policy for an individual or a family? 3.
Do you have pre-existing conditions? (Note: These will NOT be covered for at least one year and maybe never) 4.
The area of the country where you live.
Coverage is more expensive in some regions.
Of course, there are going to be other consideration to take into account as well, but this should give you an idea of a few things that you should think about when you start looking for quotes.
You'll also want to look at things such as: 5.
Monthly premium payments 6.
Policy exclusions (these are conditions that are not covered by the plan) 7.
What is your co-pay? You can get a cheap health insurance plan that has lower monthly premium payments by simply carrying a higher deductible.
This means that you will be responsible for a higher initial portion of the costs, in the event of an illness or accident.
However, it can also make a difference in whether some people can afford to buy health insurance at all.
You should definitely consider this.
Most deductibles will vary between $250-$10,000 annually.
I can understand how having a $10,000 deductible can seem a bit daunting, and it's very true that you could be rolling the dice a bit, so to speak, but in the end most people will save a significant amount of money by carrying the higher deductible.
If this makes you uncomfortable you can always find some middle ground, such as in the $2,500-$5,000 deductible range.
Finding a cheap health insurance plan doesn't have to be intimidating or expensive.
You just have to know what questions to ask the insurance company and do your homework.
Am I right? Don't feel all alone.
Many people that don't currently have health insurance coverage have never bought a plan in the past, so they really have no idea what would be considered to be good or bad.
Honestly, there are certain intangibles that make it difficult to just come right out and say "this is the best policy for you" without even knowing your situation.
It's going to depend upon a few things, such as follows: 1.
How much you can afford to pay each month for a plan.
2.
Do you need a policy for an individual or a family? 3.
Do you have pre-existing conditions? (Note: These will NOT be covered for at least one year and maybe never) 4.
The area of the country where you live.
Coverage is more expensive in some regions.
Of course, there are going to be other consideration to take into account as well, but this should give you an idea of a few things that you should think about when you start looking for quotes.
You'll also want to look at things such as: 5.
Monthly premium payments 6.
Policy exclusions (these are conditions that are not covered by the plan) 7.
What is your co-pay? You can get a cheap health insurance plan that has lower monthly premium payments by simply carrying a higher deductible.
This means that you will be responsible for a higher initial portion of the costs, in the event of an illness or accident.
However, it can also make a difference in whether some people can afford to buy health insurance at all.
You should definitely consider this.
Most deductibles will vary between $250-$10,000 annually.
I can understand how having a $10,000 deductible can seem a bit daunting, and it's very true that you could be rolling the dice a bit, so to speak, but in the end most people will save a significant amount of money by carrying the higher deductible.
If this makes you uncomfortable you can always find some middle ground, such as in the $2,500-$5,000 deductible range.
Finding a cheap health insurance plan doesn't have to be intimidating or expensive.
You just have to know what questions to ask the insurance company and do your homework.