Catastrophic Insurance Plans
Finding a good health insurance plan can be one of your most stressful undertakings of the year. Even with the changes of the Affordable Care Act (ACA), you may have difficulty finding an affordable health plan that suits your needs during the open enrollment period. Now that there’s no longer a federal tax penalty in most states for not having health insurance, it can be tempting for some to go without health coverage, especially if they rarely get sick.
Lacking health insurance can be much more costly, however. In a worst-case scenario of an unexpected injury or illness, you’ll be stuck with the full out-of-pocket costs. Without an insurance policy, you’ll also pay higher healthcare costs for things like preventative care, prescription drugs, and primary care visits. Luckily, you don’t have to be limited to the options on the healthcare Marketplace to find a plan with affordability. A catastrophic health insurance plan could be your best option.