As the economy keeps becoming worse, looking for individual health insurance is not going to be painless. In case you have access to group insurance it is possible to find reduced fees, but for individuals it's going to be a chore finding insurance you could afford. There are some groups who do not have access to group plans.
There are several people who don't have healthcare insurance due to the heavy cost of the premiums. There are others who don't have it considering that it's an extra cost to their already tapped out revenue. Finding individual medical insurance is not an easy task. In many cases, it cost twice to three times more than group insurance. Some individual health plans cost well over $350 each month and if you are a healthy individual, this is practically a waste of cash.
You can save the monthly payments to pay for the healthcare when you do need it. At least, that's how most people think about health care plans. In case they do not visit a healthcare specialist for 4 to 5 years why are they paying over $4000 a year for health insurance? It really is a huge dilemma for countless individuals whose pay check is already tapped out.
Self-employment could be great for the moral and a liberating experience. However, becoming sick and losing job after job can set your mind to wonder if you did the right thing in not finding individual medical insurance. If you have health insurance you understand your wages will be protected if you have any health issues that require you to miss work. Some health conditions can take over a year or so for recuperation. Without insurance, it becomes a test to get your work done and settle the medical bills.
There are also the people who are jobless or the agency they work for does not have group insurance. They still have to cover the healthcare for their family and need individual health insurance. Once more, looking for a reasonably priced medical insurance will take some effort on your part to locate an insurance agency that will cover you with a reasonable plan.
There are temporary employees, part-time workers, and others who only work a couple of hours a week that likewise need individual medical insurance but can't afford it. They do not have any insurance coverage, so if they get sick, they have no backup health plan.
Students also don't have any kind of health insurance unless they are on their parent's healthcare plan. However, if they are over 19, then they need to have their own individual health insurance. That's quite a lot of money for a student to shell out every month.
With the new healthcare plan being enacted in 2014, it might be less cumbersome to get individual health insurance for those who need the coverage. Until then, you will just have to keep looking around until you find individual health insurance that you can afford.
Group Health Insurance Pa is employer-sponsored health coverage for business owners, employees and often for dependents.