Medical insurance for jobless individuals has become more of a necessity as long-term unemployment has led to a need of health insurance plans for many men and women who are still looking for some form of employment that will allow them to take part in an employer group health insurance plan. However, for those who have been out of work for a substantial amount of time and may have seen their COBRA benefits expire, there are some options that have been recommended by individuals in the health care field who believe that there are still affordable options for unemployment health insurance.
Obviously, cost is the main issue that many unemployed men and women face, especially for those who have been out of work for the long-term. Men and women who have been facing extreme unemployment are often at a point where they are financially strapped and simply struggling to stay afloat. Yet, there are some options that may be accessed by these men and women in order to guard themselves against high costs associated with medical care were a sudden emergency or medical need arise.
For some lucky men and women who have been out of work and have few health insurance options, getting on a spouse’s health care plan has often been one way that these unemployed individuals have been able to find medical coverage they need for routine visits, checkups, or if illness or injury occurs. However, simply getting on a spouse’s health insurance policy is not always an option, so many individuals look for short-term health insurance plans or individual health insurance plans that may afford them a low cost option.
Needless to say, affordable monthly payments are something that unemployed individuals require as their income may be limited to unemployment benefits, but short-term health insurance plans or high deductible individual plans can provide this option for those who are in need. While certain types of these plans may not include an incredible depth of coverage, they can guard against high medical costs that may arise resulting from a catastrophic emergency. A sudden injury or the need for surgery could obviously lead to an individual acquiring a substantial amount of money from medical bills, but short-term health insurance or high deductible plans can guard against these excessive costs while providing affordable payments as well.
The problem that some individuals may face is that despite having a low monthly payment on their insurance policy, in certain cases, there will be a deductible that must be met, but again, this can be much more affordable than the overall medical costs one must pay out of pocket were they to acquire medical aid without any insurance. While insurance options vary from state to state and, depending upon one’s situation, a particular type of health insurance may be more affordable than another, research will be required on the part of the unemployed individual who may need coverage, but there are affordable ways to guard one’s self against high medical costs despite being out of work. Yet, when it comes to choosing an insurance plan, advisers also suggest that only picking coverage for conditions that one may need will obviously be more optimal than simply getting a “basic” insurance plan that may have the insured paying for coverage on conditions they simply do not need covered in their policy.