How to Apply for Low Income Health Insurance

With the rising cost of health care, many American families have found it financial difficult to afford health care. Without insurance, low income families are more likely than insured families to avoid preventive health care. This in turn would allow diseases and problems to go into advanced stages and thereby the low income family member would end up in the emergency room. Although traditional health care may be out of reach for low income families, they should consider other types of low income health insurance.

Instructions

1. Look into a mini-med plan. These low income health insurance plans are basic plans that cover visits to your family doctor and to get prescription drugs. They might also cover hospitalization and surgeries but the coverage is usually very limited.

2. Look into high deductible health plans. These types of low income health insurance plans have high deductibles but they usually are low cost. Under these plans, you can also open up a health savings account. The HSA allows you to put tax free money into an interest bearing account for the purpose of health costs.

3. Be sure you understand what the low income health insurance plan offers you. There is a reason that the plan is low cost. Read the plan brochure carefully and decide whether low income health insurance is worth while to you.

Tips & Warnings

• Some low income health insurance are designed to look like major health insurance but actually do not cover much.