| Finding health insurance when you're unemployed | | | | price. |
| presents some challenges. First of all, affordability is a | | | | Catastrophic Health Insurance Plans |
| key issue, because they have recently lost their | | | | If you are looking for optimal affordability, a |
| income or don't currently have an income. On the other | | | | catastrophic health insurance plan may be the best fit. |
| hand, it's important to have good coverage in case of | | | | Although these plans don't typically cover office visits |
| a major medical event. | | | | or prescriptions before the deductible, some do cover |
| Affordability | | | | preventive care. Best of all the price for these plans is |
| Most likely there are many types of plans you have | | | | usually very low. Many catastrophic plans cover 100% |
| available to you or your family. The most common | | | | of your medical expenses after you meet the |
| types of plans are plans that offer full-benefits. These | | | | deductible. This ensures that you have excellent major |
| types of plans cover your office visits and your | | | | medical coverage at an affordable price. |
| prescriptions before the deductible and have a | | | | Most insurance companies don't care if you are |
| relatively small medical deductible that you must pay | | | | unemployed or not. Typically health insurance contracts |
| for hospital visits, surgeries, major diagnostic tests, and | | | | state that as long as you pay the premium your |
| other major services. The other type of plan is | | | | coverage will continue. Your temporary income dip |
| catastrophic health insurance. | | | | shouldn't affect your eligibility. |
| Full Benefit Plans | | | | Although you may have to sacrifice some coverage |
| Even if you are concerned about price, there are | | | | while you are unemployed, there are several options |
| some full benefit plans that are affordable. It's a good | | | | that provide decent full-benefit coverage and |
| idea to look for a plan that has a higher medical | | | | catastrophic health coverage. The best way to find |
| deductible such as $1,000 or $1,500. Also, look for a | | | | the right plan for you is to contact a local agent. Local |
| plan that has higher office visit co-pay such as $25.00, | | | | agents provide a free service and can share their |
| $35.00, or $50.00 per office visit. You may want to | | | | knowledge, expertise, and experience in order to help |
| consider taking a prescription deductible. If your | | | | you to find the right plan. They get paid by the |
| insurance company offers you a choice of doctor | | | | insurance company for helping you, if you go with one |
| networks it's a good idea to find a good balance | | | | of the plans they suggest. |
| between a decent sized network and an affordable | | | | |