Health Coverage - Are You Underinsured?

You have health insurance, but your coverage is minimal and wouldn't protect you from high medical expenses. That makes you one of the estimated 25 million Americans who are underinsured, according to a study by the Commonwealth Fund. The number of underinsured Americans has risen 60 percent since 2003. How do you know if you are underinsured and what can you do about it?

The study found that if you spend 10 percent or more of your income on out-of-pocket medical expenses or if you have deductibles that equal 5 percent or more of your income, you are underinsured. And lack of adequate medical coverage can mean not seeing a doctor when you're sick, not filling prescriptions and not following up on recommended tests or treatment. If you are underinsured and a medical event happens that you're not covered for, you may have difficulty paying medical bills or might even have to take out a loan to pay your medical debt.

The answer? A health insurance plan that covers more, offers lower deductibles and even offers prescription coverage. Even if you're currently covered by a health plan through your employer, it pays to shop around and compare health insurance quotes from several different companies to see if you're getting the best deal. Purchasing an individual or family plan may save you more money than what is being deducted from your paycheck each month for health coverage.

Cheap-Insurance-Rates.com works with experts who can help you find the best and most affordable individual and family health insurance coverage for your situation. Just fill out a simple, one-page form for free, no obligation health insurance quotes from multiple providers. You choose the coverage that is right for you and that is most affordable.

You can compare health insurance quotes through Cheap-Insurance-Rates.com wherever and whenever is convenient for you. A little comparison shopping is all that may be necessary to find an insurance plan that could save you hundreds of dollars each year.

Visit Cheap-Insurance-Rates.com today to compare health insurance quotes and start saving money on your health care costs today.

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