An individual health insurance policy is the recommended option for individuals who do not receive medical insurance from their employers but still need coverage for their families and themselves. Individual health insurance also applies to the self-employed, unemployed, and students.
One major drawback that people find of not being on an employer’s group health insurance policy is that coverage is not guaranteed, and an insurance company can turn you down either partially or entirely for an existing condition. Additionally, some insurance companies will charge higher premiums for applicants who are deemed higher risk or who have pre-existing conditions. The Freeman Agency team will make sure you find the most affordable individual insurance plan that offers the maximum coverage you and your family need.
Individual Health Insurance Plans come in many forms, including:
Health Maintenance Organization (HMO) Plans
HMO plans provide you and your family a network of physicians from which you must choose all your medical care.
Preferred Provider Organization (PPO) Plans
Like HMO plans, PPO plans give you and your family a network of physicians from which to choose. While you may choose a Texas healthcare provider outside your network with your PPO plan, doing so is more costly.
Point-of-Service (POS) Plans
Point-of-Service plans require you to choose a primary physician within your network but allow access to specialized physicians outside the network.
Health Savings Account (HSA) Plans
HSA plans allow you to set aside tax-free funds into a savings account designed to be used for just about any medical care services you or your family need.
Contact us for your health insurance quote today. We’ll compare and contrast policies for you to help you find the right solutions for you.