Affordable Health Insurance for the Unemployed
Finding affordable health insurance that offers the coverage you and
your family needs can be difficult enough when you are employed; finding
it when you are not employed can sometimes seem impossible. There are a
variety options for affordable health insurance for the unemployed.
If you have a nest egg set aside for emergencies such as paying for
health care if you become unemployed, you may be interested in
purchasing an individual or short term health insurance plan. If not,
consider purchasing a group health insurance plan or looking into
state-sponsored health care.
Read on.
How can I get a group health insurance plan without having an employer?
Group health insurance plans can be obtained through any clubs or
organizations with which you are associated that offer a group health
insurance plan as a member benefit. Organizations that sometimes offer
group health insurance plans as benefits for members include college or
university alumnae associations.
What should I look for in an individual health insurance plan?
Price is always an issue if you’re unemployed and looking for an
affordable health insurance plan; however, you want to make sure the
individual health insurance plan you purchase offers the exact coverage
you need. Ask for specific information regarding coverage, as well as
any pre-existing medical condition stipulations.
Should I consider purchasing a short term health insurance plan?
Yes. Short term health insurance plans last anywhere from six to 12
months, and are designed with unemployed individuals in mind; therefore,
they are more affordable than regular individual health insurance plans.
Am I eligible for a state-sponsored health insurance plan?
If you’re unemployed, you are most likely eligible for state-sponsored
health care. Aside from income requirements, some state-sponsored health
care plans have eligibility requirements that include the number of
individuals residing in the home, too. The best place to find more
information about state-sponsored health care in your state is your
state’s department of insurance.