Health Insurance

Health Insurance Planning

If you are currently self employed or a 1099 employee you probably have to pay for your own health insurance program.   Planning your health insurance program as an individual in this situation can become very important.  Health care inflation is at a rate that is high than 20% a year.  How can you control costs for yourself or family with an inflation rate like that?  You might want to consider looking into a Health Savings Account (HSA).  This might be the only current solution for individuals looking to reduce their health insurance cost, while getting a tax deduction.  Do you know how an HSA work? 

Short-Term Health Insurance

Getting a Short-term health insurance will help keep you in a credible coverage mode with the insurance industry.  Having such gaps occur when changing jobs, moving to a new employment, or even graduating from college  is very importrant.  Insurance companies want you to keep continuous credible coverage of  63 days when moving to a new insurance plan.  If you decide to not keep credible medical coverage and therefore open to the financial burden, along with a waiting period on your next health plan.  Most Short-term medical insurance plans have an expiration date and can be purchased for a variety of period levels.  These periods varying from 30 days to 24 months. It is typically a very option for affordable health plan and is designed only to cover major medical expenses. If you are going to be without insurance, protect yourself and request a free health insurance quote for short-term insurance today.  Check out other health insurance solutions below:

Student Health Insurance

Does your college or university require their full-time students to carry a health insurance plan?  Most of the schools across America offer some type of student health plan, but it might make sense to  explore further options.  Coverage under the school’s policy might be very limited.  Many of the plans we have researched only offer $10,000 worth of coverage per year.  Choosing a private student health insurance plan is the start to your financial planning future.  If you look at a student health plan in the private sector you will have more choices about the doctors and hospitals you use..  A decision on a plan plan that meets only the minimum requirements like we had discussed previously might put you in harms way.  Get will your health insurance advisor to see what makes sense for your situation.