Affordable Medical Insurance If Your Unemployed

By | May 22, 2009

Being unemployed can be a financial downside to say the least. You may be dependant on someone else to cover your daily expenses such as a place to live and food to eat. Affordable medical insurance is something that everyone needs and not enough people have available because of these other financial burdens. Any emergency such as a car accident or broken bone will require adequate medical assistance. What do you do when you don’t have insurance and can’t afford expensive medical bills? If you are unemployed, you need to find medical insurance to prevent this from happening.

COBRA is a law in which many people could be eligible to remain on an employer’s medical insurance plan even after they lose their employment. The most ideal person for this coverage is someone who is between jobs and is not in need of long-term help. It can last at least a year to those who qualify, but the premium amount is still an expense that some unemployed individuals may not be able to take care of with their lack of income. If you are able to pay the premium and are eligible, COBRA will also cover your spouse and children who are dependent on you for insurance. The best way to determine if you could receive medical insurance is to contact your local employer’s benefits department and fill out the required forms.

Look around for your insurance needs.  Go online and visit sites that offer medical insurance and see what is offered and what rates are available.  You can also always speak to an insurance medical provider representative to help you find the right policy to fit your budget and needs.  If you have a family with children then securing the right policy is all the more essential.  No one can predict accidents or unexpected events that could happen so having a medical policy in place will provide security for you and your family.  It is to your advantage to have someone assist you in finding the policy you need whether short or long term, they are qualified and dedicating in helping you.

If you do loose your job you will probably also loose any medical coverage you have.  This can be devestating expecially if you have a family since unexpected medical bills can quickly put you in debt.   There are however ways to find affordable health coverage that will protect your health as well as your finances.  Just a simple visit to the doctor can be very expensive if you lack insurance.  Living life without  the proper health insurance will put and your family at risk.

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