Unemployed Worker- What are the Options to Get Health Security

Oct. 27, 2012 - PRLog -- Beside a paycheck, another important issue for unemployed worker is health insurance. It is important to get health security but it can be expensive to get such plan if you are not working. However, there are some options which can help to find affordable health care plan even you are not employed.

Health Plan Provided By Company:

Your employer can review the benefits for which you are entitled after if you're laid-off. If you are unable to find out the benefits that you can receive even after leaving your job then find out from your employer about the benefits available in your situation through COBRA even after leaving the job. If your company has over 20 employees then you can receive health benefits for 18 months. But in that case, you may need to pay full premium of the plan.

Health Insurance from State:

Some states offer full health insurance(http://www.privatehealthinsurance247.co.uk/) coverage for family and individuals based upon their income and asset value. Find out from local authorized sources about the plans available in your state. Other available options can be discussed under below mentioned headings:
•   COBRA: According to COBRA terms, after losing your job and employer medical insurance you have 60 days to enroll for company provided health plan that will further offer health benefits for 18 months.
•   Search for individual plans: It is important to find health coverage plans after verifying all included terms so start early to find coverage.
•   Examine health options: Insurance plans with affordable premium are only available with high deductible $5,000. It is available only for catastrophic medical event. Individuals cannot get routine and predictable health care needs. There are also short term health insurance coverage expires in 6 to 12 months having lest cost in compare of major health plans.
•   Minimized health coverage is also an efficient option to get health facility at lower premium cost.

Once you’re laid off from your job then it is important to find new health insurance plan in limited period. So, examine carefully the available options and find the option that provides best health facility at lower premium.