Archive for the ‘Indiana Health’ Category

Health Insurance For Unemployed In Indiana

Health insurance for unemployed in Indiana is very affordable and easy to apply for. Usually, if someone is unemployed, reducing health care costs is a priority when comparing different medical plans. Although there are not many large insurers in Indiana, all of the large providers, such as Anthem Blue Cross Blue Shield, UnitedHeathcare and Medical Mutual can quote many low cost options.

One of the most popular options for persons that either are or will soon be unemployed is an Indiana short-term health insurance policy. It is the most inexpensive type of health insurance in Indiana and typically takes less than a day to have a policy approved. Rates are extremely low since a plan such as this provides benefits that are mostly subject to a deductible. UnitedHealthcare and Humana often offer the lowest prices in Indiana and you can view rates (for any type of policy) by providing your zip code at the top of the page.

If you are not working, it also may be important not to commit to any type of long-term policy where you are required to keep coverage for a year or longer. For that reason, it is advisable to pay your premiums on a monthly basis. Every company offers a monthly billing method and some will also allow you to be billed directly at home at no extra cost. Paying monthly simplifies the cancellation process in case you quickly find coverage through a new employer. and you are able to cancel a policy ay any time during the month.

But just because you are unemployed does not mean that comprehensive plans are not available. For families with young children, office visit and prescription benefits may be needed. To keep rates as low as possible, deductibles of $3,500 or higher can be utilized along with increased coinsurance limits. Much higher deductibles are typically available that will further reduce premiums. Self employed persons also like these options, since they can utilize rich benefits at a discounted rate.

To duplicate benefits that were available through an employer (or ex-employer), COBRA may be available, although coverage could be extremely costly. Often, private medical plans are less expensive for individuals and families in Indiana than COBRA. However, you would have to submit an application and be accepted. Most companies will approve applicants with pre-existing conditions. However, more serious conditions could cause the application to be denied. For example, if you were 50 pounds overweight and took medications for high cholesterol and elevated blood pressure, there is a large chance of having an application denied.

For single or married persons that have been without health care benefits AND have a serious medical condition (cancer or diabetes, for example), the Indiana Risk Pool (ICHIA) may be a strong option to consider. Rates are fairly reasonable and if you have been denied for coverage and meet other specific criteria, you can apply with them. This program has helped thousands of unemployed and/or low income qualified persons in Indiana obtain health insurance.

To put it quite simply…being unemployed doesn’t mean you can’t purchase cheap medical insurance in Indiana. Take a few moments to request a quote near the top portion of the page and you can view the best options!

Lowering Indiana Health Care Costs

Lowering Indiana Health Care Costs is possible! Regardless if you live in Indianapolis or Richmond, or you’re 25 and single or 45, and married with children, we’ll help you save money on your Indiana health insurance rates. Our website is packed with money-saving tips and current information.  Since we represent all of the top health insurers, we’ll compare all options and present you with the most affordable choices.

Shop Around!

That’s right. You won’t know how much you can save unless you know what other carriers will charge you. There might be very little difference or you may save thousands of dollars each year. We make it easy for you to compare the best health care in Indiana. And with more than three decades of experience, we’re confident the quotes you view will be the least expensive options offered by the most reputable companies.

Only Pay For What You Need

Of course, it’s impossible to accurately predict what your medical expenditures are going to be in a given year. However, chances are that they will closely approximate the expenses from immediate prior years. Thus, if you have averaged about one annual non-preventive office visit in the last five years, there’s a good chance that that pattern will continue. And if your health is good, you can change plans at any time.

This should not be the sole criteria you use when making your health care choices. There also may be extra “add-ons” that you are not using or are likely to use, such as maternity benefits, generic prescription coverage with high copays and dental or vision benefits that may not be needed. But don’t delete any coverage without first consulting an experienced broker.

Consider an Indiana HSA

Indiana has very affordable Health Savings Account rates. Anthem and UnitedHealthcare are usually the carriers with the lowest rates. Humana and Medical Mutual are often “in the ballpark” and should be given some consideration.

With an HSA, you have much greater control over how your health care dollars are spent and who gets them. Usually, there is “Network” coverage which allows the insured to choose a doctor, specialist or other medical facility for treatment.

Although a “High Deductible” plan is required to accompany the HSA, the reduction in premiums offers the opportunity to deposit significant amounts of money in an account that pays for qualified expenses with tax-deferred dollars. You can freely take money out of the account since you retain complete control.

Is It Preventive?

Under most catastrophic AND comprehensive medical plans in Indiana, recognized preventive expenses are paid in full by the health insurance company. Clearly, it is important to closely monitor your billing statements and make sure they are coded correctly. If not, you may pay out of pocket for a procedure that should be covered in full. Since these lists tend to get updated every year, we’ll keep you current on any recent additions.

Indiana Anthem Lumenos Medical Insurance – Affordable Health Care Plan

The Anthem Lumenos medical insurance plan is an affordable benefit-rich policy that provides comprehensive benefits in a simple way. It’s a very affordable Indiana health care option and here’s how it works:

You select a deductible. The most popular options are $2,500, $3,500 and $5,000. You also pick the coinsurance, which is the percentage of the out-of-pocket expenses you pay after the deductible has been met. Typically, there is a cap so you aren’t subject to more than a few thousand dollars of risk. The 0% coinsurance option is what we recommend most, although the 20% option will be a little bit less expensive. Of course, you may have to pay more if you have a large claim.

Compared to other medical insurance options in Indiana, the Lumenos plan is very attractive. Depending on the number of persons to be insured, you could save between $500 and $4,000 per year. And since the policy is HSA-eligible, you can pick your favorite bank, set up a Health Savings Account, and begin to earn tax breaks for approved medical, vision and dental expenses. Anthem Blue Cross Blue Shield is one of the most respected insurers in the state and most providers participate in their Network. Since Aetna and UniCare no longer offer individual coverage in the state, this policy is more popular than ever!

Any authorized preventive expense is paid by Anthem. You have no deductible to meet and no coinsurance or waiting period. Although the list of covered preventive items is extensive, the most common may be annual physicals, mammograms, children well visits and OBGYN exams. Other covered health care expenses will be negotiated on your behalf so you pay less than someone who was not insured.

Here are a few sample  monthly rates for the Lumenos 0% coinsurance policy. I based the costs on a healthy 40 year old male living in Wayne County.

$96   $5,500 Deductible

$126  $3,500 Deductible

$155  $2,500 Deductible

$231  $1,500 Deductible

Naturally, rates will vary depending on the number of persons insured, zip code, existing health conditions and ages of applicants. However, the more persons that are insured on the policy, the more potential savings could result from owning an Anthem Indiana Health Savings Account vs. another type of plan. However, we realize that this plan is not the perfect fit for every individual or small business owner. For that reason, we provide detailed information all available types of  plans.

We make it easy for you to view details of this plan or apply for coverage. By using the “Free Quote” box at the top of this page, you can compare the Anthem HSA plan with other affordable Indiana medical insurance options.  We constantly update rates and information so the free information you receive is accurate.