Health Insurance and You!

Another NPR article discusses how it is difficult for new graduates to find health insurance, although reform is now passed.

If you are a new graduate, below are some quick thoughts on how to be smart about your health insurance:

1. If you have a condition like Asthma, as one of the new graduates in this article does, you are clearly best off being in a group plan offered by a parent even if you have to wait for a few months. Individual plans that you can buy on the market are under-written, which means that there are a range of health conditions which will cause you to be declined. If you have a pre-existing condition, please check out the feature title “Will you qualify?” next to each plan at getinsured.com health insurance plan selector.

2. If you are healthy and would qualify for individual health insurance easily, usually you can save money by shopping — again it will take you less than 5 minutes to find if a health insurance quote will save you $$. Some times, it can be several hundred dollars a month.

3. If your parent’s employer offers you health insurance regardless as a free benefit — you should absolutely consider it when it is offered. Free trumps paying money

To your health,
Chini