Kentucky Individual Health Insurance – Evaluate Options The health insurance market offers various kinds of Kentucky health insurance that include individual and family health insurance, group and student insurance, short-term insurance, dental insurance, and more. Kentucky individual health insurance or family health insurance refers to health insurance that covers you and your family. You would need to consider buying an individual health insurance plan if your employer does not offer you coverage in a group plan. Factors Governing Issue of Kentucky Individual Health Insurance All Kentucky individual health insurance plans are state-regulated. Some of the main factors governing the issue of individual health insurance in Kentucky are: •
Kentucky health insurance providers consider factors such as health status, gender, age, and lifestyle when considering an application.
Premiums vary depending on the above-mentioned factors. Premiums would be quite high if you have a serious health condition. Also, your premium would go up as you get older.
As in other state, in Kentucky too, individual insurance is not guaranteed issue. However, your existing insurance policy cannot be canceled if you get sick, except in the case of fraud or intentional misrepresentation of material fact.
In Kentucky, a health insurance company can apply a pre-existing condition exclusion period for a condition like pregnancy for up to 12 months.
An insurance company will not refuse you issue, charge more or require you to face a pre-existing exclusion period because of a genetic condition that includes your family history of health conditions.
Kentucky Individual Health Insurance Kentucky private health insurance options available to individuals include HMO, PPO, POS, and HSA plans. Recent health reform legislation has brought many benefits. Children are now allowed to stay on their parents’ health plan till age 26, and cannot be denied coverage due to a pre-existing condition. Buying a Comprehensive Kentucky Health Insurance Plan – Points to Consider It would be to your advantage to consider the following when buying Kentucky individual health insurance: • • • • • • • •
Number of members in you family who need coverage Coverage for children Whether your primary care physician (if your plan has one) is nearby Premium, co-payments and deductible Services that the plan pays for Coverage for prescriptions The future health needs of your family Your budget
A licensed health insurance agent would be able to provide valuable advice on choosing the right health insurance plan. The websites of experienced agents offer all the resources necessary to request quotes from various insurance providers, compare them and select the right plan. About the Author: Tracy Mc Manamon is the CEO of One Source Benefits. He and his associates have over 22 years of experience in providing clients with comprehensive and affordable Kentucky individual health insurance plans. Contact: Tracy Mc Manamon One Source Benefits 616 Belleview Blvd Steubenville OH 43952 Website: http://www.kyfreehealthquotes.com/ Email: firstname.lastname@example.org