Be health insurance savvy: How to find individual health insurance on your own
Whether you are self-employed or you work for a small business, finding the right health care policy requires you to do your homework. Thankfully, great resources are at your finger tips or just a phone call away. Below are helpful tips and resources to guide you on your search for health insurance.
A new tool on Healthcare.gov provides information on individual insurance plans available in Michigan and allows you to easily refine and narrow your search based on size of deductible, out-of-pocket expenses and the type of plan (HMO, PPO). You can also see extensive information on benefits, copays, exclusions and base premiums.
Many health insurance companies offer individual health care plans for those who do not have access to health insurance through work or other agencies. Independent agents can provide comparisons of different coverage options from various health insurance companies based on your preferences and needs. And, agents receive commission from the health insurance companies, not from you.
In addition, most health plans have trained individuals available to answer any questions you may have about insurance. For example, the Health Plan Advisors at Blue Cross Blue Shield of Michigan can answer your questions on individual health insurance.
You can also find information on specific health insurance regulations in Michigan at the Department of Licensing and Regulatory Affairs website.