Health insurance for the unemployed in Indiana is very affordable and easy to apply for. Usually, if someone is unemployed, reducing medical costs is a priority when comparing different  plans. Although there are not many large insurers in Indiana, all of the big providers, such as Anthem Blue Cross Blue Shield, UnitedHeathcare and Medical Mutual can quote many low cost options. We can help you find low cost medical coverage so you can quickly apply online and get covered. And you can keep coverage for a month or until you are eligible for Medicare. The choice is yours.

One of the most popular options for persons that either are or will soon be unemployed is a short-term policy (You can view details here).   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 and you can view rates (for any type of policy) by providing your zip code at the top of the page. You can also use this type of policy as a “stop gap” plan to keep you covered until you decide what your long-term needs are going to be.

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. However, even with a few issues, most persons are accepted.

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. In 2014, the program may change, depending on the status of  The Affordable Care Act.

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! We’ll be available if you need our help.

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