Health insurance plans are requirement of almost every individual today because illness, accidents and injuries are natural phenomenons and anyone of us could be the victim of these natural phenomenons, but affordability is the decisive factor in this regard. In past few years the cost of health insurance plans have increased so much that an unemployed person can’t afford them, but most of employed persons are lucky enough to purchase a health insurance plan through their employer. So if you are unemployed or self employed then you have to go for some alternative health insurance plans which are affordable for you. Many companies are offering different types of health insurance plans but you have to choose from those the one which is affordable and satisfies your needs.
Recent economic crisis made many people jobless throughout the world. Most of them not only lost their jobs but also the health insurance offered to them by the employer. So in these circumstances the best option to go for is the alternative health plans because they are much more affordable and economic then ordinary health care plans. There are many options available such as short term insurance plans and individual health care plans which may give you the necessary coverage that you need. Most healthcare providers are now using Dell EMR to share your records amongst each other so migrating to a different plan is extremely easy. Now let’s have a glance on different types of plans available in different regions of world.
If you are a citizen of United States of America and you have lost your job then the best option for you is the Consolidated Omnibus Budget Reconciliation Act (COBRA). Through this act you can continue your current health insurance plan for up to 18 months after you have been fired from job. But one problem regarding COBRA is that it is not cheap option as you have to pay the full premium by yourself which was being paid by your employer previously.
If you lost your previous job and you are in search of a new job then best option to avail at this intermediate stage is the short term coverage plans. These plans are mostly individual plans and they start giving you coverage within 24 hours time of your purchase.
If your income is too low that you can’t afford above mentioned plans then there is still another option for you that is Medicaid. Each state has its own Medicaid office so you can contact that office so as to check that whether you and your family fall in eligibility criteria for these benefits.
In many countries discount cards option is also available. Through these discount cards you can get some specific percentage of discounts on medical checkups and prescription medicines. But remember that these discount cards can’t support you much in case you are under process of continuous treatment for some illness as these cards offer limited discount. These discount cards are usually available for low monthly charges.
Some companies also offer limited plans such as hospital only and medicine only. These plans are very low cost plans usually suitable for low income individuals. So in short these all alternative health insurance plans are very helpful for needy and low income persons.
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