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How to Choose Health Insurance as a Young Professional
Posted By Miranda Marquit On 04/01/2013 @ 12:06 pm In Insurance | 3 Comments
One of the rites of passage for those emerging into adulthood is choosing health insurance . Making this decision isn’t always easy, but it’s important.
If you go long periods without health care coverage, you might not be able to get on the plan that you want in the future. While some aspects of the recent health care reform law  have changed the way coverage is provided, you are still better off with continuous coverage when possible.
The health care reform law has some special considerations for those who are under 26 . If your parents have a plan that allows dependents, and if you are unmarried, under 26, and without access to employer-sponsored health insurance, you can stay on your parents’ insurance plan.
This can be a smart move for those who can’t get their own health insurance, but still want to be covered. Check to determine your eligibility, and then stay on your parents’ plan as long as is practical.
There are a number of health plans out there that come with high deductibles and limited coverage. There are medical accident plans designed for those who coverage in the event of a major medical event, but who don’t need regular health supervision. These are usually fairly cheap, and they can meet the needs of the young professional.
Additionally, it is worth considering high-deductible health plans. These are plans that require you to pay more out of pocket, but you have much more affordable premiums. You can use a high-deductible plan in conjunction with a Health Savings Account . These plans are great for individuals and families that don’t have a lot of recurring health care needs.
As you prepare to get into the nitty-gritty of health plans, Reid Rasmussen has some tips. Rasmussen has been in the health insurance industry for more than 20 years, and works with freshbenies , a medical discount card. (It’s important to understand the difference between a medical discount card/plan  and health insurance.)
Rasmussen suggests the following tips for saving money on health care coverage:
Finally, Rasmussen suggests that you consider new tools, from medical discount cards, to web sites that can help you keep tabs on health care costs. With the right planning, you can start your career with the right health insurance coverage.
(Photo: a.drian )
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 choosing health insurance: http://www.bargaineering.com/articles/open-enrollment-evaluating-health-care-coverage.html
 health care reform law: http://www.bargaineering.com/articles/effects-ppaca.html
 under 26: http://www.bargaineering.com/articles/details-on-health-care-laws-under-26-coverage-rules.html
 Health Savings Account: http://www.bargaineering.com/articles/finances-55-hsa.html
 freshbenies: http://www.freshbenies.com/
 medical discount card/plan: http://www.bargaineering.com/articles/medical-discount-plan-health-insurance.html
 a.drian: http://www.flickr.com/photos/adrianclarkmbbs/3061919849/
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