Many people get their Health Insurance in Lancaster PA from their employers, but some must buy private health insurance. If you need to buy a policy on your own, the tips below will help you during the process.
When Private Insurance is Necessary
A private policy may be required if you:
- Have recently graduated from college: Most students are covered under their parents’ policy, or by a university plan; some are covered under both policies. When a student graduates, they lose their college coverage, and they also lose their parents’ coverage due to age.
- Are unemployed: If you resign or are downsized, you can continue your employer’s policy under the COBRA act, except that you’ll be liable for the full cost. The coverage will run out eventually, and if you are still out of work, you’ll have to buy your own policy.
- Working part time or are self-employed: Part-timers and self-employed people rarely get health benefits, unless they can buy their own policy or are covered under a spouse’s.
- Retired: When you leave the work force, you lose your eligibility for employer health coverage; you’ll need to obtain your own–and at retirement age, it can be costly.
- Dropped by another insurer: Sometimes those who make frequent claims are dropped by their insurers, even after being a customer for years. If you are dropped, consult an insurance agent who will help you find a plan suitable for your condition.
Why it’s Important to Have Health Insurance in Lancaster, PA
If any of the above situations apply to you, going without coverage can be dangerous. Even a small emergency such as a broken arm can be financially catastrophic if you aren’t covered. There is a lot of talk in the media about healthcare expenses, but there are also plans available at a variety of price points. At a minimum, you should have coverage for catastrophic illnesses and injuries.
Buying your own health insurance isn’t as cheap or as easy as signing on through your employer, but it is simple once you decide what you need and learn the terminology. There are so many choices available, that almost anyone can find a plan that suits their budget and their medical needs.
