Ontario Health Insurance Plan – Individual Health Insurance
Individual health insurance policies are for those unable to enjoy job-based coverage; perhaps they are self-employed, in-between jobs, or are under the employ of a company incapable of offering said coverage. If you fall under any of those descriptions, you will need to select an individual health insurance policy or pay the penalty fee as per the rules of the Affordable Care Act (ACA). Although it might sound like you are being forced to purchase health insurance, the good news is that thanks to the ACA, you now have more affordable Ontario health insurance plan options to choose from.
Searching for the most suitable individual health insurance in California will be tough, with so many options before you. To narrow down your search to the most useful and beneficial to you, you can rely on Good and Associates Insurance Services. Share with us what you are looking for in an insurance plan and what your budget is, and we will provide you with a concise list of insurance companies that can give you what you need.
Choosing Individual Health Care Insurance
When shopping for individual health insurance, you will need to keep in mind the types of plans you can choose from.
- A plan from a Preferred Provider Organization (PPO) is extremely flexible with the choices of healthcare centers you can visit, but it comes with higher out-of-pocket costs for deductibles and premiums.
- A Health Maintenance Organization (HMO) plan, on the other hand, has lower out-of-pocket costs, but limits you to visiting healthcare providers that honor the plan.
Both have their pros and cons, and it will be up to you to decide which will be more useful for you.
The general rule when it comes to premiums in individual health plans is that the higher it is, the lower your co-payments and deductibles are. Thus, healthier enrollees should go for lower premiums since they are not likely to have many medical expenses. Conversely, those in need of constant treatment will be better served by an insurance plan with more benefits, thanks to their higher premiums.
Although policies typically offer the same basic benefits, some will provide additional perks, such as dental coverage. When choosing an Ontario health insurance plan, you should also look at these supplementary services. More offerings mean more value for the prospective policy.
How We Can Help You
Good and Associates Insurance Services is your one-stop resource for medical insurance plans. With our access to Covered California’s exchange, we offer you a wealth of Ontario health insurance plan policies. Looking for the right prices or for specific additional perks? We can focus your search to find insurers that have what you are looking for.