Priority #1: Your Health
Invest in your health with a catastrophic coverage plan
If you’re young and “invincible” you’re not alone: people age 23 to 30 are the group most likely to lack health insurance. Twenty-somethings are likely to go a few years uninsured because of a combination of factors:
- they have aged out of their parents’ coverage,
- they no longer qualify for a school-sponsored health care plan when they graduate from or leave college,
- they have not yet settled into a “real world job” that offers employee benefits like health insurance
What can you do? To avoid this potential disaster, make the decision to trade some of your purchasing power now for long-term peace of mind with a high deductible health plan (HDHP), also called a catastrophic or emergency health insurance plan. HDHPs are health insurance plans that require you to pay a much higher deductible (around $5000 a year) before the insurance company begins paying towards your medical expenses, but also charges a significantly lower monthly premium (for non-smoking females, around $50 a month) than traditional “complete coverage” plans with lower deductibles. The HDHP option is best suited to women that are generally healthy, have no chronic conditions, and are mainly seeking a “safety net” in case of an expensive accident or unforeseen medical emergency.
You can compare these and other kinds of health insurance policies for free online by clicking here to visit ehealthinsurance.com.