If you are self employed or unemployed and need health insurance, one of your options is to look into an individual Healthcare Plan. They are fairly easy to find, but are usually quite a bit more expensive than group plans. The first step is to find an agent that you can feel comfortable working with. They will evaluate your financial situation and see if it’s economically feasible for you to handle the monthly or quarterly payments. Once you fill out your application and have begun the review process, you will be sent for a physical. This will inform the insurance provider of any existing conditions and will also give you an update of your physical health. Your overall general health will play a part in determining your monthly insurance premiums. So here are pros cons of public vs private health insurance.

There are advantages to an individual policy that you may not get with a group policy. Individual policies are just that, designed for the individual. You can pick a universal policy or you can choose to customize it to suit your needs. If you are preparing to start a family, prenatal, childbirth, gynecological and well baby visits will be a definite must. If you are past the child bearing years or just not ready for a family, you can choose other options that include consultation fees, critical or traumatic illnesses, etc. You can also add an accident clause to your policy. Whatever you choose to add will make the policy as individual as you are.

The disadvantages to an individualized plan include reduced eligibility and high monthly premiums. If your medical history and physical exam show existing health conditions or genetic health problems, your chances of obtaining an individual policy may be drastically reduced. If you are a high risk client with a family history of heart disease, cancer, diabetes or arthritis you may be excluded completely or bear the burden of high monthly premiums.

If you feel you need to obtain an individual health insurance policy do some evaluating on your own first. Look at the medical history of your family, then look at your own. If you see red flag areas, such as smoking or obesity, work to lessen your risks. Try to stop smoking. Change to a healthier diet and try to exercise more. Consult with a physician to see if he has any ideas for you.

Always remember that you are in charge of your body and health. Insurance is great. It can help you pay for the maintenance, but the actual work of taking care of yourself falls on you.

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