by James Tuck
Many people are lucky enough to obtain health insurance coverage through their employer. Yet with the high cost of health insurance coverage coupled with the unique needs of some individuals, an employer sponsored plan may not be the most affordable option for you. One example of this may be if a young, healthy individual rarely visits the doctor and only needs coverage for accidents and illnesses. If this person’s employer does not pay for health coverage, it may be more cost effective for a person in this situation, or in a similar situation, to obtain an individual policy.
While some people are able to obtain coverage through their employer, others are unemployed or self-employed, work part-time, or work in a small company where coverage is not provided. Some of these individuals may qualify for special insurance programs like Medicare or Medicaid, but many will need to shop for an individual plan online. Whether you want to shop around to see if you can find more affordable coverage than what your employer is offering or you need to shop around because you don’t have access to an employer sponsored plan, you will find that it is really easy to get health insurance quotes online.
Before you start getting health insurance quotes online, however, you narrow down what you are looking for in your plan. Some plans have a high deductible with a low co-pay, and others have a high deductible with a high co-pay but have a lower premium. Still other plans offer a plan in the middle, with a mid-range deductible, a mid-range co-pay, and a mid-range deductible. You should keep in mind that the total cost of your insurance is not just the premium you will pay each month, but also the amount you will pay through your deductible and co-pays, too. So if you find yourself using your insurance frequently, it may be more affordable for you to pay a higher monthly premium and enjoy the benefits of a lower co-pay each time you visit the doctor’s office.
Once you know what you are looking for a health insurance policy, you can then hop on the internet and get health insurance quotes online. There are several great comparison sites online that allow you to browse the options available in a matter of minutes. When you know what you are looking for in coverage, this process is far easier. Some sites allow you to search for a premium, deductible or co-pay within a certain price range while others require you to browse through a list and eliminate the options that don’t meet your needs or your budget manually. While the search comparison sites are more convenient, both options will save you time and effort compared to physically calling the insurance companies for quotes yourself.
Many of the comparison sites provide you with a direct link to the insurance company’s website so that you can then easily apply for coverage online, too. You should be aware that the comparison sites list an estimated premium amount. When you apply for coverage, factors like your medical history, age, and so forth will be taken into account and a final premium amount will be provided to you.
The fact is that health insurance can cost a pretty penny, and it can cost even more if you are paying for a policy that is not well-suited for your needs. However, given the fact that one accident or illness can quickly yield hundreds or thousands of dollars of medical bills in a very short period of time, you certainly don’t want to go without health insurance coverage. Take time to shop for cheap health insurance quotes online today, and you will find that you can find a great plan that meets your needs and your budget.