If you’re unemployed, underemployed, or self-employed, there’s a good chance you’ll be on the hook for finding your own health insurance. In most cases people have health coverage through their employer, but with many people unemployed or only working part-time that means more people than ever are seeking out individual coverage.
COBRA is an option when you lose a job, but it isn’t a permanent solution. It can also be quite expensive. Especially for somebody who has just lost their job. So, where can you turn to seek out insurance?
There are countless insurance companies out there and even more plans offered by each. To make matters worse, each state as unique insurance laws so what is available in one state may not be available in another state. There isn’t a master database of available policies, and determining if you even qualify makes finding insurance a tedious task.
But there are some sites that can help you narrow down your search. You can get online insurance quotes when you begin shopping. Another good quote site is netQuote. With sites like these you can at least narrow down the options available to you and get some rough pricing.
Whatever you do, this isn’t an area of your finances you want to skimp on. Yes, it may be expensive, but it only takes one serious illness or injury to bankrupt you if you don’t have insurance. Nobody likes paying insurance premiums, but when it comes to your health you can never be too cautious.