The state of Georgia has among the highest unemployment rates in the United States. That is a large number of people who’re currently without regular full-time pay. This number of people may also no longer get their health insurance Georgia benefits through their place of employment. Just in case are after a lot more news posted about this topic, click to visit; Official Georgia unemployment numbers.
In addition to those employees who have chosen to purchase their own individual health insurance Georgia policies, there are many unemployed who’ve to purchase individual plans, due to necessity. The unemployment rate continues to rise. Many people are looking at this as a window of opportunity to possibly start their own business. These people still need health insurance Georgia benefits for themselves and members of their families, so they’re also turning to private health insurance Georgia policies.
and if we expand from there..
It is possible that the rise in individual’s purchasing individual and family health insurance Georgia plans will lead to more competitive pricing. Certainly, that is the hope of most people. In Georgia, there are many different companies that offer health insurance Georgia plans and products for Georgia residents. It is important to compare plans side-by-side in order to identify which health insurance Georgia policy will work best for your family, and will become the best value. It is sometimes not about finding the last price, since the cheapest health insurance Georgia policy may exclude so many medical services that it may end up not being helpful. It is about finding the health insurance Georgia policy that includes the most useful medical services and yet is at an affordable price.
Consider checking prices and asking for advice from an accredited, independent insurance agent. They are often very educated on the various possible health insurance Georgia plans, and can assist you narrow down the options. Visit this site; cash advance loans.
COBRA law was put into force in 1985 to require employers to enable employees to continue to receive health insurance benefits. However, employees are required to pay for their own monthly premiums. And often, the group plan they were enrolled in, as the context of their compensation package, is too expensive to pay out of pocket, when you’re out of a job. Group health insurance Georgia plans are often more costly than similar individual plans because the health insurance carrier has to accept every enrolled employee, irrespective of their current health condition. Because insurance companies choose who they approve for individual coverage, health insurance Georgia individual plans are often more affordable than group plans.
And It Gets Even Better…
Unemployed persons who’re currently using COBRA to continue their group plan coverage may be better served by researching all the different health insurance Georgia products available in the state. There are several large health insurance Georgia companies with products, specifically geared towards Georgia residents. These are very affordable options with low co-payments and low deductibles, and affordable, reasonable monthly premium. And often, they’re at a lesser cost than what it would cost to continue making COBRA payments.
Coventry Healthcare has some of the more affordable health insurance Georgia plans in the state of Georgia, for example. But United Healthcare and Blue Cross Blue Shield also have very reasonable health insurance Georgia plans. You can select from a high deductible, low premium health insurance Georgia plan, if you hardly ever need to visit doctors, but want a health insurance Georgia policy in the event of unexpected illness or injury. If you have a young baby, you would probably want a low co-payment health insurance Georgia plan, while the premium is higher, because you’ll be taking the baby for check-ups every few months.
Some of the health insurance Georgia companies have interactive tools to help you select the best plan. Some of the companies have hundreds of health insurance Georgia policies and plans for you to look at. If that is too many, then use one of their interactive tools to assist you narrow down the policies. Some of the interactive tools help you decide which health insurance Georgia plan is best for you by identifying the stage of life you’re in. Another option for narrowing down the health insurance Georgia plans is to talk to a customer service representative for a licensed, independent insurance broker in order that they do all of the research and then just show you the best four or five health insurance Georgia plan options. Sometimes it is simpler and more convenient to choose from four or five health insurance Georgia plans than to look at the hundreds of options out there. That can be a little bit intimidating.