Individual Health Insurance
Individual Health Insurance
If you are self-employed, a part time worker, entrepreneur or student, you need an affordable individual health insurance plan. However, cheap health insurance too often equals poor coverage leaving you with exorbitant costs in case of serious illness. Luckily, you can review online health insurance quotes nearly instantly here at HealthInsuranceCoverage.com. Simply enter some quick facts about your medical history and we'll send you a customized listing of individual health insurance plans that fit your budget and needs. It's fast, easy and best of all, it's free!
Understanding Online Health Insurance Quotes
Individual health insurance, by nature, is typically more costly than group health insurance and employee health benefits. Create the perfect balance of affordability and the coverage you need in order to create a cheap health insurance plan that works for you. Make sure you are familiar with the following terms and factors:
PPO vs. HMO vs. POS vs. FFS
The onslaught of acronyms can be a bit daunting - but understanding the differences is vital to determining how much you pay for individual health insurance coverage. Here's a basic rundown:
- Preferred Provider Organizations (PPO): Low co-pays, no referrals needed for in-network providers with the option to visit out-of-network providers for additional costs. Higher monthly premiums.
- Health Maintenance Organizations (HMO): Low co-pays, less paperwork, coverage for preventive-care. Must choose a primary care physician (PCP) and out-of-network visits are not covered. Lower monthly premiums.
- Point of Service (POS): Similar to HMO, but allows limited coverage for out-of-network visits. Must choose a doctor or specialist from a list of preferred providers.
- Fee-For-Service (FFS): Most flexibility, coverage for any provider, no referrals needed for specialist. More paperwork, higher deductibles, higher monthly premiums.
Prescription Coverage
Prescription coverage can have a significant effect on your overall healthcare costs, especially if you regularly take medications. Review individual health insurance plans for the following details:
- Name brand or generic?: Generic drugs can often be more affordable - but make sure your plan covers them.
- Deductible or co-pay?: A deductible refers to a certain dollar amount you will be responsible for when paying for medications (the rest of which is covered by the health insurance company), where as a co-pay is a percentage of the total cost that you pay each time you fill a prescription.
- Types of Medication: If you currently take medication (such as birth control or blood pressure medication) ensure that your prescription is covered by your plan.
Our Health Insurance Partners
At HealthInsuranceCoverage.com, we have partnered with numerous trusted providers of low-cost health insurance. We pass our savings along to you, allowing you top coverage at a discount price. Some of our partners include:
- Aetna
- UniCare
- American Community
- Vista
- Insurance Administrative Corporation
Cheap Health Insurance
While finding the best coverage for the lowest price is ultimately the responsibility of the consumer, our free resources make researching online health insurance quick and easy. Educate yourself on the essentials of your ideal individual health insurance plan and apply for a free quote today!
