Affordable Health Insurance For Individuals
Affordable health insurance for individuals can be purchased quite easily. Medical coverage is offered by UnitedHealthcare, Aetna, Blue Cross, Assurant, Cigna, Celtic and many other regional companies. Rates are determined by a variety of factors including age, zip code, health conditions and of course, the type of coverage requested. Since group rates have been steadily increasing, individual plans have become more popular and in some cases, quite a bit less expensive.
Majormedicalhealth.com specializes in low cost health insurance for individuals. We research hundreds of plans and identify which policies will provide the coverage you want for a price that justifies the benefits. The “Get Free Quotes” button is a powerful tool that quickly compares your options.
Our site makes it easy for you to compare health care plans, view information, and make an informed decision regarding which policy to purchase. The online quote process is our specialty and there are never any fees for using our service. And behind the scenes, you have more than 30 years of experience that understands the confusion of effectively trying to purchase the best policy. We can help.
Underwritten Individual Health Plans
Most individual health insurance plans are underwritten. An “underwritten” policy is a plan that requires you to answer medical questions about your present health situation and your past medical history. If no conditions are present, then usually a “preferred” rate is offered. Otherwise, the existence of medical conditions can possibly increase the premium and possibly force the insurer to reject the application. Often, however, these increases are not substantial.
One of the major advantages of working with a broker is that he/she will be very familiar with the underwriting guidelines of each company. Since each health insurer treats medical conditions differently, a broker can easily determine which company will issue the best plan for your specific situation. Utilizing this website will allow you to have access to brokers who will know which policy is the most appropriate.
Guaranteed Issue Individual Health Plans
Occasionally, some carriers in specific states will offer “Guaranteed Issue” plans. This type of coverage often contains few or no medical questions and is not medically underwritten. Acceptance is virtually guaranteed, although you may have to reside within a certain area or county. Rates tend to be higher (sometimes substantially higher) and there may be a waiting period before pre-existing conditions are covered. By selecting higher out-of-pocket costs, you can reduce the cost of these types of plans.
An example of a non-medically underwritten plan is the “Personal Choice” PPO Guaranteed Enrollment plan. Offered by Independence Blue Cross, it is available in the Philadelphia area. Many states offer Open Enrollment plans and State High Risk Pool policies are also not medically underwritten. National health care reform created the state risk pools to offer coverage to persons that can’t qualify for coverage and have been without coverage for more than six months. These plans will be effective until 2014 when national health care reform offers additional options.
Rates for “risk pool” plans are often much lower than other options offered from standard health insurers. It is important, however, that you meet all of the requirements in order to qualify. Among the requirements are having been denied coverage by two different companies.
This website was designed to provide information about health insurance for individuals or families. We closely examine the premium, deductibles, coverage limits, rate-increase history and provider Network to ensure you have the opportunity to view the best possible options in an easy-to-understand format. Typically, applying for coverage is not time-consuming and physicals are rarely, if ever, required. We closely monitor changes in the industry and update rate and coverage information every day.
