Business.com: Should You Buy In to A Company's Health Insurance Plan?

1. Weigh It Against Alternatives - You may be able to buy your own plan somewhere else, but you will not be able to get a subsidy, even if you qualify based on income
2. Shop Around - Don’t assume you know how much paying for your own policy would cost; take the time to shop and see what’s available
3. Take Your [Figurative] Health Pulse - Knowing what expenses are already on the table for you, health-wise, helps you see how much of an asset a health insurance policy could or couldn’t be
4. Understand The Options - If your potential employer is like most, it will probably offer various options for health coverage
5. Consider Short-Term and/or Catastrophic Plans with Caution - Short-term plans are for a fixed duration and require that you re-apply when that period ends
6. Understand Special Enrollment Periods - SEPs allow you to obtain health insurance any time of year, but it’s important that you do so within 60 days of the qualifying event

Source: Business.com
Source URL: http://www.business.com/healthcare-services/should-you-buy-i...

Printer-friendly versionSend to friendmore...