{"id":26342,"date":"2020-12-01T05:52:52","date_gmt":"2020-12-01T13:52:52","guid":{"rendered":"https:\/\/www.freeway.com\/?page_id=26342"},"modified":"2023-12-11T06:46:45","modified_gmt":"2023-12-11T14:46:45","slug":"types-of-health-insurance","status":"publish","type":"page","link":"https:\/\/www.freeway.com\/insurance-options\/health-insurance\/types-of-health-insurance\/","title":{"rendered":"Types of Health Insurance"},"content":{"rendered":"
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What is Health Insurance and Why Do I Need Health Coverage?<\/h2>\n
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Different types of health insurance<\/a> plans meet different needs. When you compare options, it\u2019s important to understand how they are structured, so you can choose the kind of plan that best meets your needs and budget. The Affordable Care Act<\/a> (ACA), known as Obamacare<\/a>, changed up the health landscape quite dramatically (see below).<\/p>\n

A health policy is an agreement between you and an insurer that when you need medical, dental<\/a>, vision and a variety of other types of medical treatment, your carrier will help you pay for your care in exchange for a premium. Unfortunately, medical treatment is typically not free, although there are some free health insurance<\/a> and low-cost<\/span> programs, like Medicaid<\/a>, for people who meet income guidelines. Most people cannot afford to pay for healthcare on their own. With a health policy, you pay your insurer a premium and they help you pay for your healthcare. Choosing the best type of plan depends on your unique situation. Answering some key questions can help make health choices clearer.<\/p>\n

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What Type of Health Coverage Do I Need?<\/h2>\n
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It depends on your age, your health and your financial situation. Typically, young people and children need less healthcare than seniors. Chronic diseases, such as diabetes, must be taken into consideration. Children can run through a host of diseases and infections that strike in those years, plus they need vaccinations.<\/p>\n

Health plans run the gamut from catastrophic (very low premium and only used in the event of a catastrophic injury or disease) to a gold standard (high monthly premium but offers everything you need and want) and a multitude of plans in between.<\/p>\n

Plans are also available in different formats, such as HMO, PPO and more. What is this alphabet soup and what does it mean? Keep reading to find out more.<\/p>\n

You can see why it\u2019s important to get your ducks in a row before even looking for a plan.<\/p>\n <\/div>\n \n \n \n \n <\/div>\n <\/div>\n<\/section>\n\n

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How Much Do Health Plans Cost?<\/h2>\n
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Your financial health is a deciding factor. If you are young and in the prime of your life with no chronic conditions, you can get away with paying less for your coverage. Those who need more care will need to choose a health plan that gives them plenty of access to medical care without a huge premium.<\/p>\n

There is some help available for those who meet certain income guidelines.<\/p>\n <\/div>\n \n \n \n \n <\/div>\n <\/div>\n<\/section>\n\n\n

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Ready to Get a Quick Quote?<\/h2>\n
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