If you’re in a situation where you need individual health insurance – rather than getting it through your employer – you are facing a lot of options and decisions while trying to secure your medical future. Finding affordable individual health insurance in Chino Hills, CA, can be difficult, but Good and Associates wants to make it easier.
We’re fully licensed and qualified insurance brokers with contacts at every major insurance company in California. We can work with you to understand your needs, then put together insurance packages that provide necessary coverage – while staying within your budget.
What Does Individual Health Insurance Do for You?
No matter how healthy you might be at the moment, there’s simply no telling what the future may bring. Too many diseases strike without warning, on top of the ever-present possibility of accidents and other physical injury. Health insurance provides a safety net so that your medical costs can be paid, at minimal cost to you, whenever the need arises.
Individual medical insurance is especially important for those who have families. You need to know you can continue providing for your family, no matter what may happen in the future.
Types Of Individual Health Insurance
There are numerous different insurance plans and types so that you have the most possible choice in protecting yourself and your family. Some plans, such as those covered under the Affordable Care Act (ACA) are partially funded by the government to reduce costs. Other fully private options may offer more robust care, but at higher prices.
You have many options here – but Good and Associates can help you sort through the options and find the best plans and coverage for your individual needs. We can also serve as your single point of contact for all the insurance plans you utilize so that whenever there’s a problem, all you need to do is call us to have it sorted out.
Health Insurance Costs
The overall costs will vary greatly, simply depending on the plan(s) you choose, your age, your medical history, and the types of medical coverage provided. However, individual insurance costs typically come in three types:
- Monthly premiums are a set amount, paid every month, to secure your place within the insurance system.
- Deductibles are a percentage of the medical costs that you’ll pay out of pocket before insurance pays the rest. For example, if an insurance plan has a $500 deductible for surgeries, you only pay $500 while insurance pays everything else.
- Co-Pays are a split in payment between the insurer and insured for certain specific types of medical services, such as splitting the costs of vision care 50/50.
Get the Right Individual Life Insurance for Your Needs
There’s a lot to consider, but Good and Associates can make it as easy as possible to find the right insurance coverage for you, at affordable prices. If you need individual health insurance, don’t risk an accident – contact us to consult on your insurance options and for a free quote.
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INDIVIDUAL HEALTH INSURANCE FAQ
What is the difference between individual and family health insurance policies?
As the name suggests the individual insurance policy holder will receive the policy benefits for him, but in the family insurance each member listed in the policy would enjoy the benefits.
What are employee assistance programs?
The insurance companies or the employers sometimes provide extra services, such as mental health counseling. This service does not require any direct payment by the individual or the employer.
What is HMO?
Health maintenance organization- they are more useful when used under the group insurance plan. They are very cheap but do not give you much freedom. The main advantage here is you escape from the burden of going through a lot of paper work. You also receive coverage for health promotion programs. But the only drawback here is you are allowed to receive treatment only from a specific set of doctors. Or else you have to pay.
Which is best the POS or the FFS?
Flexibility is the main difference between the point of service and the fee-for-service plan. The ffs allows you to enjoy maximum flexibility but it is more expensive and has additional paperwork. In pos there is only limited freedom so it’s not as flexible as the ffs. In pos you have to choose a primary care physician, if he is not in the list then you having to pay your own bill. But in ffs you can choose your own doctors and hospitals. So if you do not mind about the expense then ffs is advantageous
Why should I pay the co-payment?
The insurance company asks you for the co-payment before you buy your health insurance policy. The company asks for the co-payment for doctor’s visits or prescription medication