Individual & Family

Choosing the medical insurance plan that is right for you and your family could possibly be one of the most important decisions one will ever have to make. When shopping for insurance, it is crucial to know how each of the insurance companies you are considering work and if their plans will be able to handle you and your family’s medical emergencies and/or diagnosed chronic illnesses.
Plan Options:

  • Co Payment Plans
  • Health Savings Account (HSA) Plans
  • High Deductible Plans
  • Dental

Individual Health Insurance

If your employer does not provide you with health insurance, or maybe you are self-employed, an individual health insurance plan may be the way to go. Health insurance for individuals is usually more expensive as opposed to a family or group plan, or one your may receive through an employer. This is usually the reason why so many Americans remain uninsured.

Health insurance companies justify their rates by using a concept called a “risk pool”. A business owner with 50 employees, would be classified under a large risk pool. The healthier the pool’s inhabitants are, the more money insurance companies make. Their premiums are only used to pay the claims of a small number of ill individuals. The premium cost is spread accordingly amongst each policy holder. The larger the number of policyholders, the lower each person’s premium will become.

Individuals shopping for health insurance are automatically placed in the much small, low risk pool. This is because their claims will be theirs alone and cannot be spread amongst any other members because there aren’t any. When purchasing individual health insurance, you are required to be screened at a higher level than those in a plan, everything from your habits to your weight is a factor. Pre-existing conditions such as chronic illnesses are often times overlooked by group plan providers, but that is not the case with individual plans. The screenings go much more in depth, which is why having several options is the best way to go. Coverage One provides you with health insurance quotes for you to compare coverage and prices and decide which option is best for you.

Short Term Medical Insurance

Short Term Medical insurance was designed to cater all lifestyles and budgets. It acts a lot like a major medical insurance plan, but instead of being long term, you and the insurance company determine how long your length of coverage will be and it will cover each person on the plan’s medical expenses up $2,000,000 Lifetime Maximum. This selection of insurance is perfect for those who have been laid off, recent college grads, or those who are currently working part-time jobs.

  • Only company that offers a child stand alone policies from ages 2-17
  • NO SS# or legal us status, required
  • Rates are 20-40% less than any other carriers
  • In between jobs, no problem!
  • Freedom to chose any doctor or hospital – Nationwide

Cash Advantage – Critical Illness

Throughout America there is a growing concern over the additional costs associated with critical illnesses beyond those covered by health insurance, with survivors and their families being left to deal with the financial consequences.

With advances in treating critical illnesses such as cancer, heart attack, and strokes, life expectancy has dramatically increased. However, the excitement of survival is soon replaced by the financial and physical demands on the family associated with survival and recovery.

Critical Illness insurance is a form of supplemental health insurance that provides lump sum cash benefits should you be diagnosed with a covered critical illness. Critical Illnesses are generally serious events, but survival rates have been steadily increasing. However, some critical illnesses become chronic, persisting over a longer period of time.

Group & Family Health Insurance

Are you a small business owner? Is purchasing insurance for your employees the next step in growth? Coverage One has a wide arrange of Limited Indemnity plans for you to compare. Plans such as these may be able to reduce your company’s medical cost while still keeping your workforce healthy and happy. Or maybe you are looking for coverage for you and your family. Knowing your loved ones are protected from unforeseen health emergencies is one of the best feelings one could have. Family health insurance can give you that feeling. Coverage One will help you find an affordable family healthcare plans from the leading insurance carriers in the country.

Group and family health insurance plans usually come with higher coverage caps and lower deductibles than an individual health plan. The most important part is that the cost of your plan’s coverage coincides with your family or business’ needs.