What If You Can't Get Insurance Through Your Job?
The Short Answer: Don’t wait until you need healthcare. Once you have a problem, choices are limited. You have 4 basic options and uMedMarket helps with each:
- Enroll in Obama Care (this can be quite expensive and has very high deductibles if you do not qualify for a subsidy). Shopping on umedmarket.com for out-of-pocket costs can save you alot. Check with your insurer to see if cash expenses will count toward your deductible.
- Purchase an individual policy, also quite expensive and with pretty high deductibles. You can shop here. Again, shopping on umedmarket.com for out-of-pocket costs can save you alot. Check with your insurer to see if cash expenses will count toward your deductible.
- Join a Healthcare Sharing Ministry which are faith-based, voluntary cost sharing ministries. This is not insurance, but rather a group commitment to share the bills of group members. umedmarket.com works great with this option. You must meet their individual membership requirements (basically this means being a committed christian). See our blog on Healthcare Sharing Ministries (coming soon).
- Go Bare (no insurance) and start saving money now for future expenses. umedmarket is a major benefit in this situation because if save you a lot of cash.
Learn More About Insurance And Buying Healthcare Online
An HSA is a tax free savings account that allows you to set aside pretax money to cover health care not covered by your insurance. To be eligible for an HSA in 2020, you must have a qualifying, high-deductible health plan (HDHP) with an annual deductible of at least $1,400 for an individual or $2,800 for a family. You can’t contribute to an HSA if you’re enrolled in Medicare or a dependent listed on someone else’s tax return.