Individual & Family Health Insurance Plans

Individual medical policies cover one person or a family. Most people think that because an individual health insurance policy is not part of a "group plan" that you'll have less coverage and pay a higher price. This couldn't be farther from the truth.

The main reason people think this is because their employer had been paying half of the cost. Most employers will pay at least 50% of the employee premium each month. Some employees are required to pay the full premium for any dependents that are covered under their company group plan. Many savvy employees have saved thousands by obtaining an individual policy for their dependents, or in lieu of COBRA coverage.

Individual health insurance can provide the same coverage that a group plan offers. More importantly individual coverage is usually far less expensive! Individual medical plans also provide greater flexibility, by allowing you to purchase only the benefits you and your family need. On a group plan you share the cost for many benefits that you may not need, such as maternity coverage.

If you start a business, retire early, work for a company without health insurance or even lose a job that provided medical benefits, you'll most likely be shopping for affordable individual health insurance.

Health Insurance is a vital component to any sound financial plan and is needed by everyone. Without proper coverage, you leave yourself open to financial risk and possibly financial ruin. Unexpected medical expenses are the largest reason people file bankruptcy. To learn more on how you can save, get an instant individual health insurance quote from JLBGHealth.com