Health is an unpredictable thing. You never know when you’ll catch the flu, break a bone, get injured in an accident, or get diagnosed with an illness. Because of this uncertainty, having health insurance in Missouri is so important to have. However, if you are suffering financially and need to cut back on expenses, skipping out on health insurance may seem like a better choice than utility bills or food. While not having health insurance in Missouri may seem fine at a time when you are relatively healthy, you never know when a medical emergency will arise; and when it does, good luck paying for it! To say healthcare costs are expensive is an understatement. Fortunately, there are many options out there if you’re wondering what to do if you can’t afford health insurance in Missouri.
High Deductible Plan
A deductible is an amount you pay for health care services before your health insurance in Missouri starts covering the costs. The benefit of having a high deductible plan means lower monthly premiums. With this kind of plan, you are also eligible for a Health Savings Account (HSA) which allows you to set pre-tax dollars aside for medical expenses. A high deductible plan is ideal for people who are relatively healthy and without young children.
Short-Term Health Insurance
If you lost your job-based coverage, are unemployed or missed open enrollment, short-term health insurance is a great option. While it doesn’t offer all of the essential health benefits of the ACA, it’s still better than not being insured at all. Short-term health insurance also tends to have both low deductibles and premiums.
If you are low income, you may qualify for Medicaid. Medicaid is a health insurance program that helps cover basic healthcare needs for those who can’t afford it.
Work With a Broker
Purchasing health insurance off-exchange through a broker, such as Apollo, may save you money. Advisors can work with you to compare the many different insurance plans available and find the most affordable health insurance in Missouri within your budget.
If finances are preventing you from being insured, or you are considering cutting health insurance from your budget, you risk medical debt if you are in an accident and end up in the emergency room. By working with us at Apollo, we can help you secure an affordable health insurance in Missouri. Don’t risk going without it. Feel free to receive a health insurance quote in Missouri from us right on our website.