While health insurance is often provided through an employer or government-run program like Medicare, Medicaid, or CHIP, individual health insurance is coverage that you purchase on your own, on an individual or family basis. Typically, this type of coverage is needed by people who are self-employed or work for a small business that doesn’t provide health benefits. It’s also available to people who retire before they are eligible for Medicare.
Types of Coverage.
Individual plans are often HMOs and EPOs with fairly narrow networks and localized service areas, as compared to employer-sponsored plans which often are PPOs and have broad provider networks. Additional plans are available for individuals as well, such as dental, vision, and disability insurance.
How Much Insurance Do You Need?
Coverages vary widely, and which policy appeals to you will depend upon your personal circumstances. Do you visit the doctor often? If so, a plan’s cost of office visits may be more important to you than if you rarely saw your doctor. Do you take a lot of prescription medication? If so, your prescription co-pay will be important to consider. Your age, zip code, whether you use tobacco, and the carrier you choose, will all affect your premium payment. We can explore all choices available to you.
We can work with you to determine what coverage best fits your needs. We’ll walk you through the process, every step of the way, to make sure you have the peace of mind you need to enjoy your home.