As the debate on national health insurance rages in the
US, more and more people are losing their jobs and their health insurance
coverage. Small businesses are suffering as the cost of health insurance
escalates at double digit rates year after year.
Health insurance coverage is important
A 2009 survey by eHealthInsurance
of over 1,500 people revealed that
38.8% are currently uninsured and of those that are uninsured, 37.9% are
between the ages of 18 and 34. Among the uninsured 51.5% are employed
full-time, and 60.5% work for a small or medium-sized businesses (< 500
employees). Almost 600,000 Americans are losing their jobs each week.
Uninsured health costs are one of the leading causes of personal bankruptcy
in the US.
Now is the time to find coverage. Even catastrophic coverage with high
deductibles can save a family from financial ruin.
Using online services such as
eHealthInsurance
individuals and companies
can get quotes from over 160 insurance firms and find a plan that they can
afford to provide adequate vital coverage.
Consider Health Savings Accounts (HSA’s), Group Health Insurance, Individual
Health Insurance, Family Health Insurance, Student Health Insurance and a
variety of other plans to meet your needs. More and more companies and individuals are switching to HSA’s to provide
coverage. In order to have a Health Savings
Account, you must get an HSA-compatible health insurance plan. This type of
insurance plan is often referred to as a High Deductible Health Plan, and
typically has lower premiums than plans with lower deductibles.
A health insurance plan must meet the following criteria
to be considered HSA-compatible:
The health insurance plan must have an annual deductible
of at least $1,150 for individuals and at least $2,300 for families.
The sum of the annual deductible and the other annual out-of-pocket expenses
required to be paid under the plan (other than premiums) does not exceed
$5,800 for individuals and $11,600 for families.
Get a free no-obligation quote for health insurance
today.
