How to Buy Personal Health Insurance
Many employers offer affordable health insurance benefits to qualified employees. However, if for some reason your job situation changes, you may find yourself without health insurance. To buy personal health insurance will require time and some research. You can either shop for health plans online, or use a licensed insurance agent.
- Shop around for health insurance. Unfortunately, personal health insurance can be quite expensive. Private plans are underwritten based on your age, weight, health history and smoking status. A pre-existing condition can raise your premiums.
- Compare policies by searching for health insurance plans on websites such as EInsurance.com or eHealthInsurance.com. These websites will ask for basic information and whether you are a smoker. The search result will display a list of insurance companies that provide services in your state and city. It will also list health plans, types of coverage and estimated monthly premium.
- See an insurance agent. If you prefer to deal with a person face-to-face who can answer your questions, a local insurance agent can give you quotes from different insurance companies, and help you find the best coverage for your individual needs. Another advantage of going with an insurance agent is they can also assist you with processing claims, or with any problems regarding your policy.
- Apply for coverage once you have made your decision regarding the insurance provider, type of plan, coverages and deductible. You can apply online, or go through an insurance agent.
- Read the fine print before you make a final decision. Choose a reputable insurance company. Standard & Poor’s rates insurance companies on their ability to pay claims.