health insurance maryland
health insurance maryland
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How To Get The Best Rates On Health Insurance In Maryland
Health Insurance Rates in Maryland, as in entire country, are into the stratosphere and there is no end in sight to their rise. It has gotten so bad that almost 17% of all Maryland residents can no longer afford to pay for health insurance at all.
If your place of employment offers health insurance you should consider signing up. Group health insurance is almost always cheaper than individual health insurance. However, if your company does not offer health insurance or if you are self employed then you will have to find other means for keeping your health insurance costs down.
The more you are willing to pay for what are called “co-pays” the lower your monthly premium rate will be. Co-pays are payments that you make each time you visit the doctor or the ER or have lab tests or receive almost any other health care. If you increase your co-pay from 25% to 50% (meaning that you will pay for one half of each doctor’s office visit etc.) you should be able to reduce your monthly health care premiums by a minimum of 25% to 35%.
If you still can’t afford to pay for health care then it may be time for you to start thinking about health insurance in a whole new way. Traditionally people have looked to health insurance as something that paid for all or a large part of their yearly health care costs. But what if you began looking at health insurance from a different perspective?
What if health insurance were not something to help pay for every doctor’s visit? What if, instead, you look at health insurance as a life preserver that is only there to keep you from going under in the event of a major illness or a sudden catastrophe?
What if you think of health insurance only as something that is there to protect your home and your lifetime accumulation of assets in the event of a major health crisis that would otherwise wipe out everything you’ve spent a lifetime acquiring in the blink of an eye?
If you start to think about health insurance in these terms then you might consider buying an inexpensive high-deductible policy. By high deductible we mean a policy with a $2,000 or even higher deductible.
Obviously such a policy will not help pay any of your health costs in a normal year. You will pay for 100% of your doctor’s office visits, 100% of ER visits, 100% of routine lab work and so forth. What this insurance does is to guarantee that no matter what happens, no matter what accident befalls you or what sudden and unexpected illness suddenly strikes, the most you will have to pay for your health costs is $2,000 – or whatever deductible you have decided on.
In this way your health insurance acts as a shield, protecting your savings, your home, and any other assets you have.
But regardless of what type of coverage you decide upon, you can still get the best rates on health insurance in Maryland if you go online and compare health insurance policies and prices at 2 or more of the sites which are specially designed to let you make fast and easy comparisons. By taking the extra time to compare prices on at least 2 different websites you will stand a better chance of finding the absolutely, positively best rates on health insurance in Maryland, saving yourself money year after year for many years to come.
About the Author
My recommended sites here:
Low Rates on Medical Insurance in Maryland
50 Ways to Save Money Right Now on Health Insurance
health insurance?
I live in the State of Maryland , im 19 & recently moved out of my mom’s house, because of this, i have no financial ties with her including health insurance. I plan on getting a job next month. Does anyone know how easy or difficult or if its even possible for me to get my own health insurance? The reason why health insurance is so important to me is because i have a pre-existing condition and im on chemotherapy like medication. Will i have to go through the state? I plan on starting school in Spring, will the school health plan be an option? I also plan on looking for a job next month, does anyone know any jobs that could give full coverage & under what circumstances? Also when i begin school & decide to work only part time, will this affect it? Thanks in advance:)
First, how long ago did you lose coverage under your moms plan? You should have received COBRA paperwork from her plan which you can continue for up to 18 months (expensive but cheaper than trying to get it on your own.
Almost any full time position will offer insurance. Although most exclude the pre-existing conditions if you sign up when initially eligible be careful and do not allow yourself to have more than a 63 day break in coverage (at that point they could exclude you due to your pre-existing condition).
The school will probably offer insurance as well. Best of luck!
