Affordable Individual Health Insurance

Written by Norene Anderson
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Affordable individual health insurance is offered by many insurance providers. This is rapidly becoming as much in demand as group insurance. More and more people are either self-employed or work for a company that does not provide insurance benefits as a group. For this reason, insurance companies have enlarged the scope of coverage to meet this growing need.

The application process may take longer than group simply because with group, the company is already determined. For individual health insurance, it is a good idea to shop around. Get more than one bid for coverage and compare monthly premiums and benefits. A lower monthly payment is not the only thing to consider when choosing a plan. The benefits should be carefully evaluated against the monthly cost.

Affordable Individual Health Insurance Plans

The inclusion of prescription drug coverage is a great benefit to purchase with affordable individual health insurance, particularly if there are regular medications required by the insured. Make sure the insurance provider guarantees that you will not be singled out for a rate hike. The rate hikes, if any, should be across the board for all insured. If there is no such guarantee and you have extensive claims, your policy may be reviewed and a substantial rate increase incurred.

There are affordable individual health insurance plans available. The easiest way to get information or quotes quickly is to use an online agency or broker. All you need to do is answer a few health questions and the information is submitted to several companies at one time. Sometimes the companies will contact you directly and sometimes the contact is through the broker only. It is then up to you to contact the one you desire.

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