Individual Health Insurance
Today’s health insurance environment is an ever changing landscape. The Internet provides consumers with useful tools that allow them to research and compare health insurance plans, benefits, and prices in a side-by-side comparisons. We help you navigate through this process and put your mind at ease. Our Web site is designed to give you control so you can get the most out of your insurance premium dollars.
The alphabet soup of health insurance terms which is now a part of our everyday vocabulary has a tendency to confuse consumers, but that doesn’t mean consumers should be ill-informed. To clear up any confusion, applicants should spend a few minutes reviewing our Glossary located in theConsumer Guides section. Our Web site also provides simple, easy to understand benefit-and-cost comparisons so you can choose the affordable and flexible Individual Health Insurance that fits your budget and lifestyle.
Individual Health Insurance Trends
The Health Insurance Industry has gone through many changes over the years. Some of the more noted areas of transformation are:
- The formation of a modern health insurance system at the beginning of the 20th Century.
- The rapid increase of employer-sponsored or group plans in the 1940’s and 1950’s.
- The emergence of governmental healthcare programs in the 1960’s and 1970’s.
- The explosion of managed care plans in the 1990’s.
- The rapid increase in healthcare costs in the late 1990’s and early 2000’s.
Our healthcare system continually adapts to our growing needs. Consumers have more choices than ever on where to get benefits and how best to customize their plan. The recent enactment of tax advantaged plans (i.e., HSAs) has added a new dimension to health insurance. These plans have introduced a “savings account” concept into health insurance benefits. Although employer-sponsored health insurance still dominates our landscape, more often today Individual Health Insurance plans are becoming the consumer’s first choice.
Individual Health Insurance Plan Options
Typical plan options:
- High Deductible Plans – If having affordable health insurance is your first priority, then consider a high deductible plan. Although you will be paying out-of-pocket for inexpensive healthcare treatments, you will benefit from the reduced charges negotiated between your health insurance carrier and its network providers. If a catastrophic health event should happen, you will have peace of mind knowing that you have coverage in place.
- Co-pay Plans – Co-pay health insurance plans are popular because they work like many employer-sponsored plans. You pay a set co-payment for doctor visits and prescriptions. This option may be a good choice if you use several prescriptions, would prefer to pay a small out-of-pocket amount when seeing your doctor, or have young children who frequently visit the doctor.
In the end, you must ask yourself how much your budget will allow and how much freedom you will need? There is no need to overpay for your Individual Health Insurance coverage. Put the power of our Web site to your use. Have a licensed broker provide you with side-by-side plan and benefit comparisons from health insurance carriers in your area. Providing some simple information is all you will need to get your free quotes. Although everyone needs to have health coverage, making it affordable for you and your family is what we do.
Individual Health Insurance
Who should consider an Individual Health Insurance plan? Anyone who does not have Health Insurance or individuals who have coverage but are not satisfied with their existing health plan. Applicants should be in relatively good health and must be able to budget a sensible amount towards the plan’s cost. A wide-range of benefit options and affordable plan premiums are available from leading companies such as HumanaOne, Blue Cross Blue Shield, United Healthcare, Aetna, Assurant and Celtic (certain plans may not be available in all areas).