Possible Health Insurance Coverage For The Unemployed

If you believe the governments story about the unemployment numbers being in decline, call me up for a good deal on tropical moon real estate. If this is really true, why is it that you can't seem to find a decent sustainable living job for yourself? If the jobs were there like we are being told, most anyone would purchase their own private pay health insurance and not have to seek out alternative insurance solutions. This is the "between a rock and a hard place" situation most people are finding themselves in, not knowing what to do.

The first advise anyone should be getting is to immediately seek help from their local unemployment office for health insurance options that they qualify for. COBRA is required to be offered by an employer as an extension program should the employee become unemployed, but shows little regard for cost to the individual. Most people will accept the COBRA plan as a simple way to continue health insurance coverage.

The government is helping out those who have the COBRA options extended to them by their employers in unemployment circumstances, by adding additional stretch to the benefits period, This is also allowing some unemployed persons to apply for premium payment assistance from the government to help pay for the very costly benefits of the COBRA insurance plans.

If you have a spouse or family member that has health insurance benefits through their work this may be an extra option for acquiring insurance or at least an option for some of your other family members. Many times once you become unemployed you may have to split up the family benefits in order to meet the needs of your reduced budget. If you have children they may be eligible for Medicaid coverage or for CHIP through your state and this can help you get them the coverage they need without having to pay out of pocket for it.

Regardless of the financial situation you are striving to overcome, the need for proper health insurance coverage for yourself and family is always a necessary must even in very difficult times that we must face from time to time. Find out through consultation of an insurance agent the facts about temporary and short term plans as well as catastrophic coverage plans.