When you need to compare private health insurance options, working with a professional insurance broker can make this process quick and easy. In this post, we explore what private health insurance is, and how Insurance Shops can help you find the best policies for the best rates.
What Is Private Health Insurance?
Private health insurance coverage simply means its coverage that is NOT offered by the federal government or by a state. Instead, private health insurance policies are offered by private entities like insurance companies, or insurance brokers. Private health insurance can be found in various ways, including:
- Through an employer, such as group health plans
- Plans offered by licensed insurance brokers
- Through federal or state marketplace plans
Why Private Health Insurance?
Those who do not receive health insurance coverage through their employers, or self-employed and/or freelance individuals may want to get private health insurance through the federal or a state marketplace. These plans, like employer-sponsored plans, are required to include essential health benefits like preventative care and mental health services.
Other private health insurance options may allow an individual or family to create a health insurance package specifically tailored to their needs – whether this includes special coverage not typically included or provides coverage only for a short period of time. Private health insurance is a great option if your situation requires flexibility in your policies.
It’s important to note that marketplace options are often only available during open enrollment periods unless you qualify for a special enrollment period. Many types of private coverage, however, are available year-round.
Working with Insurance Shops
Working with a qualified broker like Insurance Shops can help you find lower rates and policies suited to your individual needs. With countless plans, rates and types of coverage available, it’s important to compare your options to ensure the best coverage for the best rates. Insurance Shops will run quotes for health insurance through the insurance companies in your area and recommend plans that meet your specific needs and your budget.
Insurance Shops has over 25 years of experience as a trusted resource for all your insurance needs. Fill out our contact form or call (215) 613-4999 for a free quote and get started!
