Finding Affordable Health Insurance

Many Americans think finding affordable health insurance is difficult. Sometimes people assume there is no such thing as affordable health insurance, so they just decide to go without it. However, not having health insurance really can put you and your family at risk, if an unexpected illness or injury occurs. You would then be stuck with ridiculously high hospital and medical bills. Studies show that about half of filed bankruptcies can be traced back to medical bills. Having an affordable health insurance plan would have eliminated some of these financial problems. Therefore, it is important to research and find affordable health insurance.

Since there are many kinds of affordable health insurance plans out there, you should really look until you find one that will protect you and your family. Then you can have peace of mind, knowing you are protected from the financial stress of possible bankruptcy due to unpaid hospital bills. Regardless of your current health, unexpected problems can happen and having affordable health insurance will provide medical care for you and your family, and, if it’s an affordable health insurance plan, it will not cause a huge dent in your budget. You can find an affordable health insurance policy with a high deductible and low premium that will provide emergency care only, if you think that is all you need. Or look for an affordable health insurance plan that has low co-payments so that you and your family can get appropriate preventive care and any other medical services that would benefit you.

Where to Find Affordable Health Insurance

The easiest place to get information about affordable health insurance is on the Internet, of course. There are a lot of companies out there, though, so you need to choose wisely. You can look for rates and quotes for affordable health insurance from the private insurance carriers themselves. An easier way is probably to find a licensed, independent insurance broker. That broker’s office works with many insurance companies at once, and can get you information and rates and quotes to find the most affordable health insurance. You will need to fill out a small form in order to provide the broker with necessary information they need to get you a quote about affordable health insurance.

If you are in poor health or have a pre-existing health condition, then you may have a more difficult time finding affordable health insurance. Health insurance companies can deny coverage when someone is purchasing an affordable health insurance individual plan. They will rate the member’s risk based on their current health. Someone who is considered a high risk will have to pay a higher premium, or they may be denied all together. If that is the case, it will be a challenge to find affordable health insurance.

However, if you are employed, then you probably have the option to enroll in your employer’s group health plan. This is really the most affordable health insurance out there, and guarantees you coverage. Insurance companies are regulated by the federal government, and one restriction placed on them is that they are not allowed to deny coverage to anyone under a group health plan. So if a pre-existing medical condition is preventing you from finding an affordable health insurance individual plan, you should try to get health insurance through employment.