Imagine receiving excellent health care at a low price. How great would that be? Believe it or not, that's not a pipe dream. It can be your reality.
Many individuals and families shy away from buying health insurance for fear of the cost and difficulty of purchasing the right plan for them. It's no wonder many people have no idea how to find affordable health insurance. Discover five low-cost health insurance options by reading on.
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1. Medicaid
You may be eligible for Medicaid and not even know it. The Affordable Care Act drastically increased the number of people eligible to receive Medicaid. People with incomes above the poverty line can qualify for it.
That being said, Medicaid expansion varies by state. Get in touch with your state insurance commissioner to see if your state participates.
2. Group Plans
Organizations offer health insurance group plans. Ask organizations of which you're a member if they provide a health insurance plan. Examples of such organizations include professional organizations and alumni associations.
An employee group health insurance policy can help you save money on your health insurance premiums. Independent worker associations and business bureaus also provide these plans. Consider these instead of employer-sponsored group health insurance.
Explore health care plans at MedicareWire.
3. Your Spouse's Coverage
One benefit of being with your spouse or domestic partner may be their health insurance coverage.
Many plan sponsors and insurers have adjusted their domestic partner health insurance rules so that the romantic partner is eligible, too. You can be easily added to the policy. Similarly, you may qualify for a student insurance plan or your parent's policy.
4. Health Care Sharing Ministries
Sharing is caring, and health care sharing ministries care. These ministries consist of people with similar beliefs who make health expenses sharing plans.
HCSMs aren't health insurance so they're not regulated as such. They're non-profit organizations that act as alternatives to insurance.
These plans have provisions to suit the group's beliefs. So, any procedures that the group finds morally objectionable aren't covered. Examples of HCSMs are Samaritan Ministries and Medi-Share.
5. Health Insurance Discount Card
Just like the coupons, you may use in your everyday life, health insurance discount cards offer affordable health services in return for a membership fee.
The cards themselves aren't strictly insurance, but they give discounts on medical services. They don't enable any medical reimbursement. The most they can do is reduce your costs when you undergo members-only services.
Knowing How to Find Affordable Health Insurance
Finding affordable health insurance starts with looking in the right places. Once you know where to look, this ostensibly overwhelming task becomes much more doable.
You probably have heard that healthcare is exorbitantly-priced for the average individual or family. Now that you know how to find affordable health insurance, the financial burden becomes significantly less overwhelming.
Poke around the site's General section for more advice to save you money on life's essentials.
