Best Health Insurance Options for Young Adults
Health insurance isn’t always on the minds of today’s young adults, but being young doesn’t automatically come with an outstanding bill of health. And, with the cost of healthcare services constantly on the rise, even a simple cold can wind up costing you a couple hundred dollars when you consider the doctor’s fees and the cost of any prescriptions you might need. For this reason alone, being insured by a BCBSNC health insurance plan is one of the most effective ways of protecting your health and your financial future.
The good thing is – there are several health insurance options for young adults aged 25 and younger.
#1 – Stay On Mom and Pop’s Health Insurance
Thanks to the Affordable Care Act, young adults under the age of 26 can remain covered under their parents’ health insurance plan. This can be a great way to ensure you’re protected under a solid health insurance plan while saving money at the same time. You can stay on your parents’ health plan even if you have a full-time job and are eligible to join your employer’s plan, are married, don’t live at home, or are attending school. Of course, once you turn 26, you’ll then have to find and purchase your own health insurance.
#2 – Enroll in Your Employer’s Health Plan
Every employer is legally required to provide a health insurance plan for their employees. Once you become eligible for enrollment, you can opt-in to the employer’s plan. You can do this at any time, even if you’re younger than 26. This is a good option for those looking to live independently of mom and dad but still save some money on their health insurance (since the employer pays a portion of the premiums).
#3 – Enroll in a Student Health Insurance Plan
Most colleges and universities offer health insurance programs for students who need them. They tend to be inexpensive and they provide good coverage for a student’s basic healthcare needs. If you’re going to college full time and your parents don’t have health insurance, then this might be a good solution, at least until you finish school.
#4 – Purchase Your Own BCBSNC Health Insurance Plan
If for some reason your employer or school don’t offer health insurance options, then you can purchase an affordable plan through your local BCBSNC provider. You can do this through the Healthcare Marketplace online. Keep in mind that open enrollment ends on February 15, but there are certain life events that may allow you to qualify for a special enrollment period. Such events include turning 26 years old, getting married, graduating from college, having a child, etc.
#5 – Apply for Medicaid Coverage If You Qualify
If you are in a situation in which you can’t afford your own health insurance plan and you aren’t able to be insured under a parent’s plan, then you might qualify for coverage under your state’s Medicaid program. You may not have access to the doctors you prefer, but it is a viable option for those with limited income and resources.
#6 – Opt for a Catastrophic Health Insurance Program
Being young, you probably don’t foresee the need for comprehensive medical coverage. If this is the case, then a catastrophic health care plan might be for you. This type of plan is a “worst case scenario” type of plan. As a result, it has low premiums but high deductibles. In the event that you should need significant healthcare services, then this type of plan will kick into effect once your deductible is met.
Contact Schnitzer-Slate for Affordable BCBSNC Health Insurance Plans for Young Adults
If you’re a young adult and you need health insurance, Schnitzer-Slate can help. At Schnitzer-Slate, we offer a wide selection of BCBSNC health insurance plans to choose from, many of which provide the type of care and coverage young adults prefer most. Just call us at 910-392-7020 and one of our agents will help you choose the right policy for your needs and budget. Or, just visit our website at http://healthplannc.com/ to learn more about affordable BCBSNC health insurance in Wilmington NC.
The good thing is – there are several health insurance options for young adults aged 25 and younger.
#1 – Stay On Mom and Pop’s Health Insurance
Thanks to the Affordable Care Act, young adults under the age of 26 can remain covered under their parents’ health insurance plan. This can be a great way to ensure you’re protected under a solid health insurance plan while saving money at the same time. You can stay on your parents’ health plan even if you have a full-time job and are eligible to join your employer’s plan, are married, don’t live at home, or are attending school. Of course, once you turn 26, you’ll then have to find and purchase your own health insurance.
#2 – Enroll in Your Employer’s Health Plan
Every employer is legally required to provide a health insurance plan for their employees. Once you become eligible for enrollment, you can opt-in to the employer’s plan. You can do this at any time, even if you’re younger than 26. This is a good option for those looking to live independently of mom and dad but still save some money on their health insurance (since the employer pays a portion of the premiums).
#3 – Enroll in a Student Health Insurance Plan
Most colleges and universities offer health insurance programs for students who need them. They tend to be inexpensive and they provide good coverage for a student’s basic healthcare needs. If you’re going to college full time and your parents don’t have health insurance, then this might be a good solution, at least until you finish school.
#4 – Purchase Your Own BCBSNC Health Insurance Plan
If for some reason your employer or school don’t offer health insurance options, then you can purchase an affordable plan through your local BCBSNC provider. You can do this through the Healthcare Marketplace online. Keep in mind that open enrollment ends on February 15, but there are certain life events that may allow you to qualify for a special enrollment period. Such events include turning 26 years old, getting married, graduating from college, having a child, etc.
#5 – Apply for Medicaid Coverage If You Qualify
If you are in a situation in which you can’t afford your own health insurance plan and you aren’t able to be insured under a parent’s plan, then you might qualify for coverage under your state’s Medicaid program. You may not have access to the doctors you prefer, but it is a viable option for those with limited income and resources.
#6 – Opt for a Catastrophic Health Insurance Program
Being young, you probably don’t foresee the need for comprehensive medical coverage. If this is the case, then a catastrophic health care plan might be for you. This type of plan is a “worst case scenario” type of plan. As a result, it has low premiums but high deductibles. In the event that you should need significant healthcare services, then this type of plan will kick into effect once your deductible is met.
Contact Schnitzer-Slate for Affordable BCBSNC Health Insurance Plans for Young Adults
If you’re a young adult and you need health insurance, Schnitzer-Slate can help. At Schnitzer-Slate, we offer a wide selection of BCBSNC health insurance plans to choose from, many of which provide the type of care and coverage young adults prefer most. Just call us at 910-392-7020 and one of our agents will help you choose the right policy for your needs and budget. Or, just visit our website at http://healthplannc.com/ to learn more about affordable BCBSNC health insurance in Wilmington NC.