Best Differential Diagnosis Book


Buying Health Insurance as an Individual

Look for other access to insurance

ImageIf you do not have access to any employer-based insurance, do you belong to or could you join any group or association that might offer you a discount on health insurance? Keep in mind that some of these plans may have limited coverage, so make sure you know exactly what you are getting.

Affordable Care Act

Information for Wisconsin about the Health Insurance Marketplace under the Affordable Care Act is available from HealthCare.gov. The Health Insurance Marketplace is a new way to get coverage that meets your needs. Starting October 1, 2013, you can come to HealthCare.gov to fill out an application and see your plan choices. In the meantime, this site will help you get ready. More information from HealthCare.gov.

Health savings accounts

There are several types of health spending accounts on the market today. Health Savings Accounts (HSAs) are one type of health spending account.Information on HSAs is available.

Your rights and obligations

Finding insurance as an individual means special concerns, including generally higher costs and less complete coverage. In addition, your health can affect the type of coverage you can get.  Before you can buy an individual policy you must give the insurance company information about your health. This process is called medical underwriting.

Some things to look out for

As the cost of health care rises, health insurance scams are becoming more common.  Watch out for unlicensed insurers that offer cheap coverage but then refuse to pay claims.  Also be wary of so-called “discount health plans” that are not really insurance at all, but advertise in ways that make it sound as if they are.  When in doubt, contact Wisconsin’s Office of the Commissioner of Insurance at (608) 266-3585 (from Madison) or (800) 236-8517 to confirm that you are working with a licensed insurer.  Remember, if it sounds too good to be true, it probably is.

Working with an agent

If you are trying to decide whether to work with an insurance agent or to contact the insurance companies directly, keep in mind that some insurance companies only work through agents/brokers while some agents only offer insurance for one or two insurance companies.

Buying insurance on the Internet

There are several commercial tools such as Insure.comeHealthinsurance.com, and healthcareshopper.com available on the Internet that provide instant insurance quotes. Before you use this approach, consider the precautions (PDF, 27 KB) suggested by the National Association of Insurance Commissioners.

Finding insurance options under the Affordable Care Act

  • Information for Wisconsin about the Health Insurance Marketplace under the Affordable Care Act is available from HealthCare.gov. The Health Insurance Marketplace is a new way to get coverage that meets your needs. Starting October 1, 2013, you can come to HealthCare.gov to fill out an application and see your plan choices. In the meantime, this site will help you get ready. More information from HealthCare.gov.
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s