In the previous blog “A Variety of Approaches for Getting the Best Health Insurance for Low Income Individuals: 1” we highlighted some of the possible options for securing various health covers for low-income groups. However, here come a few more potential options for securing the same:
Ø Many
of us do have some or the other health issues and unfortunately, while having a
pre-existing medical condition, many of the health insurance agencies usually
denies coverage due to their policies. In such a case, if you are not able to
get yourself covered under any of the insurance policies then you can totally rely
on “High Risk State Insurance Pools”. You can even inquire from your district
or city administrator regarding its policies and all the benefits you can get
from it.
Ø Now
comes the “Short Term Health Insurance Coverage”, which is termed as a perfect
insurance cover for people who does not have regular jobs or are fresher and
have just started their jobs. This insurance cover is much like that of the
individual insurance policy, but this coverage come with only short term
benefits. While having this policy, you can undergo various low premium options
and can even find time for analyzing the success of your insurance company as
the right choice for your long-term insurance covers.
Ø “Group
Health Insurance” its name is enough to analyze what is this scheme all about
and can benefit groups more than individuals. Therefore, if you are a member of
any organization and are standing without any of the insurance cover then you
should try to encourage all your group members to apply for this kind of
insurance cover. This insurance cover brings opportunity to choose various
options, as if how you want to be covered. The interesting opportunity you get
while being insured under a group insurance is that you have to pay less amount
of premium as the premium would be distributed among all the insured members of
the group.
Ø Next
one is “Group Sharing on Health Expenses”. Basically, it is not a type of
health insurance for low income individuals, but is a sound option for those
who want to be backed with any sort of financial support during medical crisis.
For undergoing this sort of insurance cover, you have to simply form a group of
individuals and collect a specific amount of money. After pooling the amount,
you have to deposit it to the bank and when someone would need that money due
to various health concerns the money can be used to support the individual's
medical expenses and he pays when he would be able to gain it back.
With
all these options, providing health insurance for those low-income individuals
is always possible. If all of us could realize the benefits that one can get
from them, then no one needs to worry for medical emergencies anymore. Being
confined in the hospital with injuries without any health cover is simply beyond
belief, so the only thing that can be done is to rely on these options, which
equate the benefits provided by the health insurance for low-income individuals.
