Health Quotes

Health insurance can be a confusing issue for many people. There are essentially two major types of health plan categories, Group and Individual. Group plans cover groups and individuals who are members of the group.  Individual plans cover individuals who are taking coverage on their own, they can be self-employed, students, or not have coverage offered at work.

HSA's, Health Savings Accounts are offered both on an individual and a group basis.  They are plans which allow you to plan for retirement and benefit from a healthy lifestyle by assuming some of your own health risk.

Another option to consider is Short-term medical coverage. These plans are low cost individual designed to cover individuals for no more then 6-months. After, this individuals must re-apply with no carryover benefits from the previous period.

 

Which plan is for you?

Group Insurance (Click Here)

If you are in employer or partner which has two or more full time employees (20-25 hours/week) you qualify for a group plan.  There are advantages and disadvantages to a group plan, depending on your situation. Here are some of the advantages to group health insurance;

  • Access to more comprehensive plans
  • Coverage of pre-existing conditions
  • Tax-advantages for the employer
  • Access to better dental and vision plans

What are the disadvantages?

  • All eligible employee are qualified to enroll
  • Unhealthy employees cause the rates to go up

Individual Insurance (Click Here)

If you are an employer who does not offer group or if your employer does not offer group health then individual insurance is an option. If you are a student, or between jobs? Then individual health insurance is probably what you are looking for.  Anybody can apply for individual health insurance, but you must qualify to be accepted. 

What are the advantages of individual insurance?

  • Wide range of options
  • Low cost options
  • Easy to qualify, if you are healthy

What are the disadvantages of individual insurance?

  • You need to be healthy qualify
  • Maternity benefits are limited
  • Ancillary benefits such as dental and vision are limited