In The Real World Those Looking For Affordable Health Insurance Can Find a Happy Ending
[7/23/07]
In the wake of the release of Michal Moore’s recent film “Sicko”, one might think there is no such thing as a “Happy Ending” when searching for affordable medical coverage. While the film is right in pointing out some much needed repair in our health insurance and healthcare system, to say that there is no such thing as affordable health insurance in this country right now, is so much science fiction.
According to Kiplinger’s, one of the nation’s most respected sources on personal finance issues, while it can be difficult to obtain low cost health insurance if you do not have access to group health coverage from an employer, it is far from impossible. And that even goes for so- called difficult cases, such as those who have a serious health problem, or want to retire before they qualify for Medicare.
While debates still rages, and healthcare reform is inevitable regardless of who takes the White House in 2008, there is no time like the present to take matters into your own hands regardless of the reason why you currently do not have health insurance.
One of the largest and growing sectors of those without health insurance is the self-employed. By choice or the result if “downsizing”, many people who were fulltime employees with health benefits are now finding themselves among the self employed. One of the first surprising “sticker shocks” most of these new entrepreneurs face is the cost of retaining their employee benefits through COBRA. What many fail to realize is that if you had a low cost monthly health insurance premium through your employer, it is because the company is taking up a good part of the premium. An auto worker in Florida for example was paying about $120.00 for health coverage for himself and his son when employed. When he left to pursue a career as an independent real estate agent, he was surprised to find that through COBRA the premium for the exact same policy jumped to over $700.00. However rather than panicking he did what Kiplinger’s suggests anyone do who is looking for a private health insurance policy. Contact an agent or broker. With the help of a broker this individual was able to find coverage for himself and his son for a little over $200.00 month. And since he is self employed, the entire amount for the premium is tax deductible. A happy ending to be sure.
The other growing segment of those without health insurance are the individuals whose companies have cut, eliminated, or never offered health insurance to begin with. Again while horror stories do exist to assume that for these working folks there simply are no options for affordable health insurance is a falsehood. You just need to shop around, and the internet is a great place to do that. Just take a look at the many options available at insurancebudget.com. With access to many insurers nationwide, you will be surprised at just how inexpensive a plan you may find when signing on for a free quote.
So when on a quest for low cost health insurance you certainly can find a happy ending, but like in any good fairy tale, you may need to kiss a few frogs along the way to your happily ever after.
According to Kiplinger’s, one of the nation’s most respected sources on personal finance issues, while it can be difficult to obtain low cost health insurance if you do not have access to group health coverage from an employer, it is far from impossible. And that even goes for so- called difficult cases, such as those who have a serious health problem, or want to retire before they qualify for Medicare.
While debates still rages, and healthcare reform is inevitable regardless of who takes the White House in 2008, there is no time like the present to take matters into your own hands regardless of the reason why you currently do not have health insurance.
One of the largest and growing sectors of those without health insurance is the self-employed. By choice or the result if “downsizing”, many people who were fulltime employees with health benefits are now finding themselves among the self employed. One of the first surprising “sticker shocks” most of these new entrepreneurs face is the cost of retaining their employee benefits through COBRA. What many fail to realize is that if you had a low cost monthly health insurance premium through your employer, it is because the company is taking up a good part of the premium. An auto worker in Florida for example was paying about $120.00 for health coverage for himself and his son when employed. When he left to pursue a career as an independent real estate agent, he was surprised to find that through COBRA the premium for the exact same policy jumped to over $700.00. However rather than panicking he did what Kiplinger’s suggests anyone do who is looking for a private health insurance policy. Contact an agent or broker. With the help of a broker this individual was able to find coverage for himself and his son for a little over $200.00 month. And since he is self employed, the entire amount for the premium is tax deductible. A happy ending to be sure.
The other growing segment of those without health insurance are the individuals whose companies have cut, eliminated, or never offered health insurance to begin with. Again while horror stories do exist to assume that for these working folks there simply are no options for affordable health insurance is a falsehood. You just need to shop around, and the internet is a great place to do that. Just take a look at the many options available at insurancebudget.com. With access to many insurers nationwide, you will be surprised at just how inexpensive a plan you may find when signing on for a free quote.
So when on a quest for low cost health insurance you certainly can find a happy ending, but like in any good fairy tale, you may need to kiss a few frogs along the way to your happily ever after.
Individual or
Family Health
Family Health
Group / Small
Business Health
Business Health