Health Insurance for Unemployed Individuals - Part 2
Posted by Melissa C. on Thu, Apr 08, 2010 @ 09:39 AM
Based on an April 2, 2010 Bureau of Labor Statistics' press release the total number of unemployed remains little changed, at 15 million workers. And 6.5 million workers have been unemployed for 27 weeks or longer. So it's understandable that even though it may seem like a long time, you may still be without work.
And while your priority is finding a job, having health insurance remains an important factor in your future planning. COBRA coverage with its extended benefits might be the option you've taken. These benefits may be running out for you or possibly were too expensive for you to even consider in the first place.
In my last post "Health Insurance for Unemployed Individuals," we talked about temporary coverage with short-term plans. You may be at the point that a low-cost permanent plan suits your needs better. A major medical health plan stills allows you to pay monthly and protects you from financial ruin should you have a costly unforeseen illness or injury.
Monthly premiums are kept low on basic benefit individual health plans today, by providing high deductibles, covering important benefits while making less used benefits as options on the plan, and offering preventive care visits to help keep you healthy. So it's okay to start with the monthly rate you think you can pay for health insurance and then run some quotes for major medical plans -- I think you'll find a good fit, pretty easily.