Wednesday, August 5, 2009

I'm leaving my job for an extended period of time and looking for health insurance options. Any suggestions?

You could elect COBRA (if available) or purchase an individual policy.





Since your options vary according to your state, the length of time you were covered under your group policy, and other factors, I suggest you contact your state's insurance commissioner's office, which can give you the best advice based on what's available.
I'm leaving my job for an extended period of time and looking for health insurance options. Any suggestions?
Depends on what state you live in. There are plenty of coverage options available, from COBRA to Individual plans to government sponsored options.





Even if you have pre-existing medical conditions there are individual plans available (at least in CA) that are affordable and just exclude coverage on those pre-ex, as well as reasonable plans that will cover everything anyway.





Your best bet is to talk to a local agent. Look for someone who is an accredited member of the Better Business Bureau to start with. It isn't a fool-proof tell, but it is at least a good start.
Reply:Look for major medical coverage from an insurer in your area. There may be very few companies offering coverage and it will typically be between $80 and $200 per month depending upon your age, assuming you have very good health. This generally does not cover routine costs and has high deductibles if you do have a serious illness, however, the whole idea of insurance is to cover catastrophic events that would bankrupt you otherwise.





The unfortunate, fact is, insurers do not like to insure anyone with a pre-existing conditions. If you have, for instance, diabetes, the insurer may not cover you or may raise their premiums to make it unaffordable.





This is a good reason to move away from the politicians who have their hands in the pockets of the drug companies, medical establishment, and insurance companies. You know who they are. Those 'family values' candidates are outright liars and hypocrites.

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