Posts Tagged ‘health care’

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Insurance: Don’t Panic! Facts About Health Care After You’ve Lost Your Job

January 3rd, 2012

By Thomas Doane


It’s no secret that the job market has been suffering these past few years. Unemployment has seen record highs and some people have been out of work for so long that they can’t even be considered unemployed anymore. Finances, especially when combined with health issues, can be stressful even in good economic times, but with an economy in shambles it has the potential to become a nightmare.

Health insurance premiums always seem to rise as wages stagnate. Some people are fortunate enough to work at a company that uses a Human Resource Information System (HRIS) to track their wages and benefits, but other companies don’t even offer benefits like health care – leaving many Americans to worry that there’s nothing they can do and no way they can provide for the health of themselves or their family. » Read more: Insurance: Don’t Panic! Facts About Health Care After You’ve Lost Your Job

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Insurance: Health Insurance Costs Exceed Income Growth across the Country

December 23rd, 2011

 By Denver Burke

In all of the fifty states across the USA, the gap between income growth and private health care insurance costs has widened and is continuing to do so. This is a worrying trend for Americans in a country where jobs are limited, the economy has stalled and another worldwide recession looks imminent.

No matter where you currently live in America, whether on the LA coastline or along the New York shores, health care insurance costs have become an expensive outlay for everyone. During the last couple of years the recession across the world increased health insurance bills through all the American states. This then meant that Americans had to spend considerably more during that year for health care and necessary treatment drugs than they had for the same care and drugs the previous year. With more Americans losing jobs and having to be added to the Federal list, health care costs continue to increase. » Read more: Insurance: Health Insurance Costs Exceed Income Growth across the Country

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Insurance: Unemployed And Without Health Insurance. Now What?

December 14th, 2011

By Edward Harris

You’re unemployed and your health insurance has lapsed. But cheer up because you can do something about it. Affordable health care options are available in most states, especially if you have no major health conditions. If you are uninsurable and still eligible for COBRA coverage, you should strongly consider accepting their offer.

However, allowing your insurance to lapse for an extended period of time should be avoided. Once your lapse reaches 63 days, you could risk losing pre-existing conditions coverage under either a new personal or group medical plan. And it is possible that an entire application could be denied.

Short-Term Health Insurance

Short-term health insurance plans provide temporary inexpensive coverage that will provide catastrophic benefits for individuals and families. Premiums are often 40%-70% lower than a comparable group policy through an employer. However, office visit or prescription benefits are typically subject to a deductible. And it is unlikely you will reach your deductible in such a short period of time.

This type of plan is ideal for anyone who is unemployed for a short period of time. However, since » Read more: Insurance: Unemployed And Without Health Insurance. Now What?

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