subject: Avoid This Common Expensive Health Care Assurance Mistake [print this page] When looking for health insurance, people often reduce their options and look at only one kind of health insurance. You may be able to purchase health care insurance through your former company, directly from your insurance company as a self employed person, directly from your insurance company as an individual or from the government. Each of these options is the best for someone. Only one is the most advantageous for you.
If you worked for an employer with twenty or more employees in the last 60 days you probably have the right to keep your employer-sponsored medical care insurance policy for 18 months or more. Depending on the state you live in, you might have a similar right even if your employer is smaller. You might want to check with your state's insurance department to see what your rights are.
If choose to continue your employer-sponsored health care assurance policy, you will have to pay for it and may have to pay a small administrative fee as well.
The best thing about this option is that your medical status cannot keep you from qualifying. The worst thing is that it may be more costly than other options. You should also keep in mind the fact that it is temporary coverage.
Acquiring medical care assurance directly from an assurance company is often the best option. Often the same insurance company that insured you as an employee will be willing to offer you an insurance policy directly. These policies are often very similar and will often use the same network of hospitals and doctors.
However, sometimes the policies offered to individuals are inferior to the group insurance policies offered by the same company. Also the networks might not be equal. It pays to do your research.
If you are self-employed you might be able to buy a group insurance policy. In many states a one man or one woman company can qualify as a group. However, these policies are often more expensive than the policies offered to individuals. If, however, you do not qualify medically for an individual policy, a group policy may be your best option.
You may also be able to obtain coverage through the federal government or through your state government. Many of these programs will only be available to you if you have a low income and/or assets. Other programs may be available to you if your medical history keeps you from getting coverage.
Medicare is probably available to you if you are sixty five years or older. Medicare offers good coverage, but you may want to improve your coverage by getting a Medicare Supplement or by buying a comprehensive policy instead of using Medicare.
The most critical thing you should take away from this article is that health care insurance is available from various sources. When researching health insurance, you should look in more than one place. Medical Care insurance is available from various private and public sources. To keep your costs low, you should compare premiums and the level of coverage from all the plans available to you.
