Recent job reports have stated that, in the month of May, private sector employment rose in a smaller amount than was predicted, but there were still job additions seen and jobless claims did decrease for the last week of May, which points to uncertainty in the future of the job market in some areas. However, one of the main drawbacks that consumers are still facing in terms of joblessness, underemployment, or the inability to find an employer that will offer them full-time work centers around health insurance and the costs that consumers must shoulder when they are looking for coverage alone.
Currently, though, there are still options that workers and unemployed individuals alike may be able to take advantage of if they are in a position where their employer does not offer health care coverage or if health insurance options like COBRA benefits have expired. Obviously, over the past months when consumers face unemployment, COBRA benefits were one of the only options that they had available when it comes to preventing excessive medical debt obligations from arising and medical treatment was needed or an emergency arose.
Luckily, there are some consumers who are in a position where they are earning enough at their job to buy into a personal health insurance policy that may cover themselves and their family, or in some cases there are employees who are able to get on a spouse’s health insurance policy, which would obviously prevent any problems from arising in terms of costs. However, factors like preexisting conditions or the simple inability of a worker to afford a comprehensive personal health insurance policy has led to the need for other types of insurance opportunities to be explored.
One option that has been available for men and women who may not need to see the doctor that often comes in the form of high deductible health insurance plans or short-term health insurance policies, which can offer affordable premiums but will require that a policyholder pay a high deductible before insurance kicks in. This is usually a preventative measure used by uninsured individuals as a way to avoid excessive costs that may come about if an emergency or catastrophic event occurs in their life which requires a great deal of medical attention which, without insurance, could press them into a very difficult financial position.
Yet, consumers are also talking with state agencies as there may be plans available for those with a preexisting condition or who are deemed to be high-risk. It goes without saying, many consumers are simply finding that, when their employer does not offer health insurance coverage, they are simply in a bad position in terms of affordability or comprehensive coverage, and for this reason many businesses are exploring options to help their workers in cases where some cannot provide health insurance plan for themselves, but there are many national health insurance providers that can also tailor health care plans to a specific consumer’s needs, even if certain factors are in place.
While the ideal health insurance coverage usually comes from an employer, there are those who can talk with various health insurance providers, consult their state about health care coverage that may be available, or simply take advantage of these high deductible policies that can guard against a large amount of medical debt while a consumer is unemployed or in any job that will not provide more comprehensive coverage.