Do You Need Health Insurance?

A lot of people in the United States are without healthcare insurance. Many people consider healthcare insurance an luxury that they cannot afford. Luckily, a lot of companies are starting to provide healthcare insurance to the employees of their companies. If you are currently unemployed or have been recently retrenched, you may be able to purchase healthcare insurance on the job.

There is currently no federal law mandating that employers to provide group healthcare insurance for their employees, although most employers usually do offer this service. However, if healthcare is provided, New York State’s insurance law requires plans to cover specific services (mandated services) as stipulated by the state. Plans that do not cover services in the network, or that offer a low co-pay rate for a particular service may be considered illegal, even if they are operated by an employer who is legally bound to provide it.

If you are covered by a group health plan, or are self-employed and unable to join the workforce, then you can get affordable healthcare insurance plans to provide for you and your family. Individual healthcare insurance plans are more expensive than group plans, and the monthly premiums are based on your personal health and the projected number of hospital stays over the course of a year. People who have a history of frequent hospital stays may qualify for lower premiums.