How to Get Health Insurance Without a Job in 2020 • Benzinga – Get our quote in a couple of minutes

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Choosing the right health insurance deserves careful reflection and consideration. Some people rely on their employers for health insurance. But what if you don't have a job? Here are the steps you can take to find the best health insurance option for your needs.

Get the best health insurance
Tip: Compare 2-3 companies

Step 1: think about what you need and your budget

Not all companies and health insurance plans are created equal. The chosen supplier and plan can make a difference. Consider a number of factors for finding the best plan.

First, you need to determine who in your family needs health insurance. After deciding who to find coverage for, you're ready to move on to the next steps.

Consider your budget

Your budget is important. Some terms can help you understand the costs associated with your plan:

Deductible: a deductible is assigned to each health insurance plan. The deductible is the amount of money you have to pay out of your pocket for your medical services before the insurance company contributes to your treatment. Co-insurance: After fulfilling the deductible, the plan may charge co-insurance payments for each medical service you receive. You will see a co-insurance amount listed in the details of the plan. If your plan uses co-insurance, it means that you will pay a certain percentage of your medical services after fulfilling the deductible. Copays is a fixed dollar amount that you pay for your medical services. Your health insurance company will pay the remaining balance of all covered services. Premium: Premium payments are the amount to be paid monthly to keep your health insurance plan active. Premiums often vary depending on the level of coverage offered by the health insurance plan. For example, if you pay a low premium, your plan may have a higher deductible. Pocket Maximum: The health insurance plan also provides for a Pocket Maximum. This is the maximum amount of money you will have to pay for your covered medical services throughout the year of the plan. All the money you pay out of your own pocket – including co-insurance and copays – will be counted in this regard. If you reach your maximum pocket out of the plan, your health insurance company will pay 100% of the medical services covered until the plan expires.

The amount paid for the health insurance plan may also depend on other factors, including:

Previous employer Household income Healthcare Age Obligation for a government-supported health care plan

Here are some averages to give you an idea of ​​the different coverage costs:

Plan the Average Average Deductible Deductible Cost $ 440 $ 4.328 Family $ 1.168 $ 8.352

Think about your health, your prescriptions and more

It is important to consider your specific needs when choosing a plan. Some of the questions you could ask yourself are:

How often do you think you should visit the doctor? Do you have pre-existing or chronic conditions that require ongoing treatment? Do you have any prescription drugs?

If you visit your doctor often or receive ongoing treatment for a condition, this is something you should consider. You may find that a plan with a higher premium but a lower deductible will end up being more convenient for you in the long run.

Review your doctors' past bills to get an estimate of the cost of your medical bills over the year. You should also be able to review the coverage of prescription drugs for each plan considered.

Step 2: understand if you are eligible for government-backed healthcare or a plan from your old employer

In some cases, you may be entitled to unique health insurance options. Through these options, you may be able to find cheaper or more personalized plans for your needs.

Can you still get insurance through your old job?

You may still be eligible for health insurance from your previous employer if you have recently become unemployed. This type of coverage is also referred to as COBRA insurance. You may be entitled to this type of coverage for up to 18 months if:

You were covered by the employer sponsored plan before you lost your coverage. Your hours have been reduced, making you inadmissible for employer sponsored coverage. You quit your job.

Are you eligible for Medicaid, Medicare or another government-backed plan?

You can also qualify for government-backed insurance plans, including Medicaid and Medicare.

Medicaid is a joint federal and state program that offers health coverage to people and families in the United States. Eligibility rules vary from state to state. Some of the factors that can determine your eligibility are:

Disability Family status Family size Family income

If your state has extended Medicaid coverage, you can qualify for Medicaid based on your income only. In these states, you will qualify if your household income is below 133% of the federal poverty level.

Medicare is a federal health insurance program. It is offered in multiple parts, each of which manages a specific area of ​​health insurance coverage. You can opt for government-backed Original Medicare or a Medicare Advantage plan. Medicare Advantage plans are offered by private insurance companies rather than the federal government. The availability of these plans varies depending on where you live. You may also want to consult Medicare supplemental insurance.

You can qualify for Medicare if:

They are 65 years of age or older, have a disability, need dialysis or transplantation due to end-stage kidney disease.

The Child Health Insurance Program (CHIP) offers low-cost health coverage for the children of families who do more than the income limit to qualify for Medicaid. In some states, this program may also affect pregnant women.

Step 3: If you don't qualify, check out the private market

Do you not benefit from health coverage from your previous employer or from a government program? It's time to move on to the private market. The Marketplace will show you the options of private health insurance companies. You can compare your coverage options and find out if you are eligible for tax credits in the Marketplace.

Plan your costs

As you evaluate your options within the Marketplace, you will see the monthly premium listed with each plan: the cost of your plan. The plans you qualify for and their costs will vary depending on:

Out-of-pocket expenses, including plan deductibles Where you live If you are applying for individual or family plans Your age Your family income

How to choose a type of plan

There are a few different plans you may encounter on the Marketplace.

Organization of exclusive suppliers (EPO): with this plan, medical services will be covered only if you use a supplier who is within the plan's network. Health Maintenance Organization (HMO): These plans tend to focus on prevention and health care. It usually limits the coverage of care by doctors who work within the plan's network. Service Point (POS): You can expect to pay less if you use health care providers within the plan's network. It also requires you to receive a report from your GP if you want to receive coverage for a specialist visit. Lent Organization (PPO): You can also expect to pay less for your medical bills if you receive medical treatment from a doctor within your PPO plan's network. You can also use doctors outside the network without a referral for an additional fee. These plans usually do not require a postponement to cover specialist visits.

You may also see additional coverage options, such as dental insurance and vision insurance.

Request and sign up for a plan

After all of this, you will be wondering how to actually get health insurance.

First, if you think you can benefit from COBRA, talk to your previous employer. Otherwise, you can follow the following links:

You will need to provide general personal information when you apply for health insurance. Documents may also be requested. Some of the documents that may be required are:

Proof of identity Your estimate of the annual income

Find the right plan for you

Take the time to consider your needs. Once you know the type of coverage you need, you can check your eligibility and compare your options.

Remember, the health insurance plans available to you and your eligibility may vary depending on the state you live in. Make sure you use your zip code when comparing plans to make sure the plan you're considering is available in your area.

Frequent questions

1) Q: Is health insurance required?

1
1) Q: Is health insurance required?
asked on 2020-01-07

Ashley Hart

1
The federal mandate that required health insurance has been revoked but some states have issued state-level mandates requiring residents to have health insurance. Even where not required, health insurance can protect your family from catastrophic healthcare costs and help make routine medical bills more predictable. Get your cheapest quote through our best suppliers today.

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answer 2020-01-07

Benzinga

2) Q: What does health insurance cover?

1
2) Q: What does health insurance cover?
asked on 2020-01-07

Ashley Hart

1
Most health insurance plans provide the 10 essential health benefits that were part of Obamacare's requirements. Coverage includes prevention and wellness services, prescription drug coverage, emergency services, outpatient services, laboratory services, pediatric services and more. Many plans cover a wider range of health care costs, but may cost more than the basic plans or may have higher immediate costs for some services. Request a personalized health insurance quote to cover you and your family today.

Reply link

answer 2020-01-07

Benzinga

3) Q: How can I save on health insurance?

1
3) Q: How can I save on health insurance?
asked on 2020-01-07

Ashley Hart

1
For Affordable Care Act-compliant healthcare plans, only a handful of assessment factors affect the premium. These include age and location, at least one of which cannot be changed. Smokers will pay more in most cases and choosing the floor level can also affect premiums. Choosing a highly deductible health insurance plan can reduce the cost of premiums. These plans can be combined with a healthcare savings account to take advantage of tax-free savings for healthcare expenses. Get the cheapest health insurance premium from the best suppliers.

Reply link

answer 2020-01-07

Benzinga

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