Health insurance for individuals refers to policies that individuals purchase for their own medical insurance needs outside of a plan sponsored by an employer or the government. You may hear it referred to as health insurance for individuals and families as it’s not limited solely to policies that are meant to cover just one person. Instead, it’s any policy that is privately purchased for a person or family group.
Individual and family health insurance is permanent, renewable coverage and is considered credible coverage. There are a large variety of plans available with many that include optional benefit features.
Why do people choose to purchase individual health insurance? There are a wide variety of reasons but here are the most common:
- Employer does not offer coverage or the coverage they offer is poor or too expensive
Health insurance for individuals is often portrayed as being extremely expensive. While some policies can indeed have high monthly premiums, there are affordable individual health insurance options out there to give individuals and families coverage.
By accessing the available quoting tools you can view and compare a large variety of products and add-on benefits. The results can help you make the right decision when it comes to purchasing health coverage for you and your family.