An individual and family health insurance plan that is affordable is a plan that is only available to individuals and their families. This is different from group insurance plans, which are offered to employers and other groups. Not everyone can get a group health insurance plan through their employer, and not everyone is a member of a group that offers group health insurance plans to its members. When this is the case, it's best for people with families to get a plan that covers both them and their families.
Through an indemnity or managed care organisation, people and families can often get health insurance plans that are affordable for them. When you have an indemnity, you, as the policyholder, pay for all health care costs up front. The health insurance plan for individuals and families will pay you back once they get a bill from a doctor or hospital. With a managed care plan, you usually only have to pay a co-payment when you get medical care. The doctor or hospital will then send the rest of the bill to your individual and family health insurance. Managed care organisations include Health Maintenance Organizations (HMOs), Preferred Provider Organizations (PPOs), and Point of Service (POS) plans. They don't always offer as many doctors and other health care professionals as indemnity plans do.
You might think health insurance is too expensive for you, but there are affordable plans for individuals and families. It's too risky for your health and your bank account to not have enough health insurance. With individual and family health insurance plans, you, your spouse, and your children can all get health insurance at a price you can afford.
If you and your family don't have affordable health insurance right now, you should act quickly. The time between when you sign up for an individual or family health insurance plan and when the plan actually starts varies. Usually, the speed of the process depends on how the insurance company underwrites the policy, so it's best to apply as soon as possible.
