Unemployed Health Insurance
Employers are the number one source of health insurance for people in the United States. Therefore, it stands to reason that one of the chief concerns of unemployed people is finding healthcare coverage. This article provides a few suggestions.
If your former employer had more than twenty people working for them, you may be eligible to continue your healthcare coverage at your employer's group rate.
Some professional organizations provide health insurance to their members at discounted or group rates.
If you are not eligible for group rates through a former employer or a professional organization, you may need to purchase an individual health insurance policy. Individual policies have higher rates than group policies—sometimes so high as to be unaffordable.
Rather than go without health insurance altogether, some people settle for reduced coverage by purchasing mini-medical and/or catastrophic health insurance plans.
High Risk Pool Insurance
High risk pools provide affordable health insurance to people who have been refused individual insurance due to pre-existing conditions. Unfortunately, not all states have high risk pools.
If you were forced to stop working because of a disability and you have limited income and assets, you might qualify for your state's Medicaid program. Medicaid is a federally-funded, state-administered program that provides health insurance to individuals who meet strict guidelines.
SCHIP, or State Children's Health Insurance Program, is available in all fifty states and offers low- and no-cost health insurance to the children of families who meet certain income guidelines.
Medicare is a federal health insurance program that covers most Americans and some legal immigrants over the age of 65. Medicare is also available to disabled individuals who meet certain eligibility guidelines.