Private Health Insurance
Between Medicare, Obamacare and short term health insurance plans, you have so many choices for medical coverage. We want to talk about short term plans- also known as private health insurance– and what they can do for you. These are becoming really popular in recent years and are now offered by more health insurance providers than ever before, so lot so people are starting to wonder what all the fuss is about.
Coverage when You Need It
Part of why private healthcare insurance is so popular is because it fills a need that other insurance plans cannot. It covers you at any time, no matter what your health is like and no matter how old you are, in most cases. It will not cover preexisting medical conditions, but private healthcare coverage will be the kind of insurance that you can sign up for at any time. You can get the coverage you want no matter whether you are eligible or Obamacare or Medicare.
In fact, a lot of people will sign up for private insurance because they do not yet qualify for one of the major medical plans. They have to go with a short term plan with more restricted coverage because they missed the enrollment window for Medicare or make too much money to qualify for Obamacare. You don’t have to enroll at a specific time for private insurance. You can get it at any time and get the coverage you want without worrying about meeting any strict enrollment guidelines.
The coverage starts for you almost immediately. Once you enroll in a short term private plan, you can start being covered as quickly as the very next day. That means that this is the kind of coverage that is good for people who need insurance in a pinch. If something has changed in your life and you are in a situation where your current plan isn’t covering you for whatever reason, a short term private plan can be the answer to your coverage problem. It can protect you quickly and give you peace of mind where other plans would fall short and fail you.
Private Coverage You Might Need
How will your private insurance plan cover your medical expenses? That’s important, because you don’t want to sign up for one of these plans if they leave you hanging and not properly covered.
What is so great about private medical insurance is that you can choose from a huge variety of insurance plans to find exactly the one that you want. You decide what kind of coverage you get, and you don’t end up paying for any unnecessary coverage like you do with most major medical plans.
Here are some of the expense you can get covered with these plans:
Preventative medical care
Urgent healthcare services
Emergency healthcare services
Routine checkup visits
Basic dental services
X-rays
Laboratory tests
Hospitalization
Medications
You pick the kind of coverage that you want, and if you are having trouble finding it from one insurer, then just keep looking because there are lots of different insurers out there selling lots of different private insurance plans.
You can usually keep the doctor that you like, picking your healthcare provider. You may save money, however, if you choose one of the providers that is part of your insurance company’s network.
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How Long Is Private Insurance Good for?
We often call private health insurance “short term health insurance”. That is because it isn’t meant to be a permanent solution to your healthcare insurance needs. Private health insurance gives you coverage only for a limited amount of time, and you can’t endlessly renew your plan like you could a major medical plan. This is one of the big differences between private health insurance and something like Obamacare or Medicare. With those major insurance plans, you can renew as many times as you like, and you are guaranteed renewals for as long as you live. Private health insurance is different in that you can only renew for up to 36 months, though some states hive stricter limits in place. Some insurance companies impose their own limits as well, and you need to be aware of that.
You can choose private healthcare insurance plans that start at 30 days and go all the way up to 364 days… so just short of a year. You get to decide how long you want the plan to last, but once again, the states and healthcare insurance providers do have their own limits that can be separate from the government limits.
Is a short term plan going to last long enough for your needs? If not, then you might want to look into a major medical plan instead. You can talk to us about what you qualify for and what might be a good choice in your situation. We are happy to answer your health insurance questions and point you toward the insurance plan that is a good fit for you.
When You Might Need This Kind of Coverage
Health insurance is something that everyone needs. You might have heard that the restrictions and penalties related to health insurance have been relaxed coming into the new year. That means that if you just want short term private healthcare insurance, then you can do that. You don’t have to sign up for a major medical plan or an ACA-approved healthcare plan. You can get the coverage you want and not have to worry about paying a tax penalty next time you file your taxes.
When might you need this kind of coverage plan, though, rather than a major medical plan? Well, for many people, the obvious time to enroll in a private healthcare plan is when they do not qualify for a major medical plan. If you are not old enough to meet the enrollment age for Medicare (65) or you are waiting for Medicare coverage to kick in, then you may want a private insurance plan to cover you in the meantime. If you don’t qualify for Obamacare for some reason, then you may be able to use a private plan to cover you for a while.
This is also a good kind of health insurance plan to sign up with when you are moving to a new location and won’t be covered by your plan. Or, if you have been fired or laid off from your job, then you may not be getting healthcare insurance from your employer anymore. During that break in coverage, you may need private healthcare to cover you.
Private insurance is also a good choice for people who do not have a job yet or who are too young to qualify for a major medical plan. Those people can often enroll in a private short term plan without any problem.
Are you interested in the coverage of private health insurance? If so, then use our site to source some quotes and see what you might have to pay for one of these plans. You can determine then if private healthcare insurance is affordable for you or not. You can compare different plans as well and see which insurer in your area offers the best pricing. Feel free to keep coming back and checking prices on our site as often as you like.
