Health insurance is a broad topic that can never truly be covered in its entirety, particularly since 2014 will bring about changes that some feel may be beneficial, like for consumers with preexisting conditions, while others feel that there are still areas of uncertainty or negative impacts as to how new legislation will affect the healthcare industry and the ability of average consumers to get affordable health insurance coverage. Yet, there are still options that are presently available to consumers in need of insurance and, with the proper research and understanding, affordable health insurance may be an option for men and women who previously thought that they were uninsurable.
Specifically, we need to focus on two types of plans that are basic, meaning plans that can typically be used by the average insurance seeker. There are individual health insurance plans that may offer a variety of options for consumers, but there are also high deductible plans that can be paired with a health savings account or may simply be used as a way to find coverage in case of an emergency.
It goes without saying, factors like an individual’s income, a preexisting condition, or their employment status will all weigh into what affordable health insurance may be available, if there are options at all that will suit a consumer’s particular needs, but with changes coming in the health insurance industry, more consumers may find that there are at least some options available for their needs if they are not necessarily what had previously been hoped for.
When looking at an individual health insurance plan, many consumers often look for the lowest price first and while this is understandable, it can also be a problem. There are some plans that may be quite cost-efficient but not offer the specific coverage that a consumer happens to be looking for, as some men and women may need coverage for preventive care costs, as they could frequent the doctor often, while others may need less coverage in these areas and are only looking for assistance if a big medical bill were to arise. While there are some individual health insurance plans that also offer coverage in areas like dental or eye care, this is where a consumer must look at what their particular insurance needs happen to be before comparing plans with various insurers.
While the high deductible plan has been helpful to some over the past months, particularly for those who may be unemployed and have exhausted their COBRA health insurance benefits, mainly because this type of insurance does often comes with a low monthly premium payment but can potentially cover a high amount of medical costs were an accident or emergency to come about. These plans have also been paired with a health insurance savings account and, particularly for those who are employed and may not have health insurance, can be beneficial as consumers can put money aside in their health insurance savings account and use these funds for small, routine medical visit costs or other procedures, while still keeping the high deductible insurance plan in place if a major medical emergency were to occur.
Consumers may want to look at state health insurance exchanges that may be in place already, particularly an exchange that may offer coverage for someone with a preexisting condition and there are more options likely come into effect in 2014, but there are some states that already have these plans in place. Finding affordable coverage may not be an option for every consumer, but when it comes to basic coverage that can reduce the amount one must meet out-of-pocket on certain types of medical costs, there are options that may be available from specific plans or in certain states that consumers are being prompted to explore, particularly if a consumer is uninsured and may need some form of coverage outside of common types of coverage like an employer’s group health insurance policy.