US States Health Insurance, Plans, Premiums and Options

By: EconomyWatch Content Team   Date: 18 February 2010

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In the US states health insurance can be broken down in three categories. The three main kinds of major medical insurance include group health insurance, temporary health insurance and individual health insurance. Let us take a closer look at all three types.

One of the most common types of health insurance is group insurance. This type can be obtained by way of a group plan and most often comes by way of a person’s workplace. In this case the employer pays the majority of the insurance premium. The total premium that is charged for the group of employees takes into consideration gender, age, health status and occupation of each one of the individual members. When you seek US states health insurance in this manner all qualified applicants must be accepted into the plan. It does not matter if they suffer from pre-existing conditions or what their health status is.

Temporary health insurance is ideal for those who require insurance if they are between permanent health insurance plans. It also works well for those who are unemployed for a brief period of time. It is wise to want to protect yourself from the potentially disastrous financial consequences of a serious injury or illness.

In most instances temporary health insurance is easy to be approved for and it is easy on the budget. Coverage will often begin as early as the day after you have signed up for the policy. This kind of US states health insurance will provide you with major medical coverage for a specified period of time. The coverage varies from company to company and can range anywhere from 30 days to 365 days. Be aware however that temporary coverage does not allow for the treatment of pre-existing conditions and it does not include preventive care.

Individual health insurance is for those who for any number of reasons cannot be covered under a group health insurance policy. This would include freelancers, self-employed people, those who work part-time jobs or those who are employed on a seasonal basis. If you look for US states insurance in this way then you have your choice of companies and you can peruse the many policy options that are available to you. In fact you can often tailor the coverage to suit your needs and you can find ways for price adjustments to be put into effect.

How much you will pay for an individual health insurance policy and whether or not you will be accepted has to do with your medical history and health status. The insurance company can make the decision to refuse coverage to those individuals that are deemed not suitable. The company also has the right to exclude certain types of medical conditions from the coverage that it offers to qualified members.


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