Health insurance is an important coverage that helps protect you and your family from the devastating financial effects of unexpected health problems or catastrophic illness. More than 16% of residents in Oklahoma- 500 thousand people don’t have health insurance. It can be a challenge to find a plan that works for you. You may receive health coverage through an individual insurance policy, through a policy issued to you as a member of an association group, or through employer sponsored health plan. If your employer sponsored health plan is “self insured” it is not subject to regulation by the Oklahoma Insurance Department. Health insurance agents from VitalOne are standing by to guide you through the process or selecting a plan. We have also provided additional information on finding low cost health insurance in Oklahoma.
Oklahoma Individual Health Insurance
In Oklahoma, your ability to buy individual health coverage may depend on your health status. There are certain circumstances, however, when you must be allowed to buy individual health coverage. In general, companies that sell individual health insurance in Oklahoma are free to turn you down because of your health status and other factors. When applying for individual coverage, you may be asked questions about health conditions you have now or had in the past. Depending on your health status, insurers might refuse to sell you coverage or offer to sell you a policy that has special limitations on what it covers.
Oklahoma Group Health Insurance
Group health coverage is one of the most popular types of coverage in Oklahoma. Business associations and fraternal organizations find that including health insurance in their benefits package means they can strengthen their numbers and increase membership. Businesses who offer the employees a company supported health insurance program and are able to build employee morale and keep their good workers. This is because group coverage is inexpensive compared to some of the other types of plans; The cost of medical services can be spread among a larger group of people. Since the risk associated with small group health insurance is lower for the insurance company, they are also more willing to underwrite policies for those with pre-existing conditions. In fact, all small group health insurance plans are required to be guaranteed issue according to federal law.
Oklahoma Family Health Insurance
Family health insurance is one of the best ways to keep your family healthy in Oklahoma. Normally, family health insurance plans consist on an individual (usually a parent or other adult) adding immediate family members to their policy. Affordable family health insurance usually costs less than having a separate health insurance policy for each person. Also, a family health insurance plan usually has a higher coverage cap or lower combined deductible than an individual one.
Oklahoma Short Term Health Insurance
Temporary circumstances don’t need to leave you or your family uninsured. With short term health insurance, you will be protected if a medical emergency strikes. Cheap short term health insurance is similar to standard health insurance, except that temporary health insurance can last anywhere from thirty days to one year. A short term health insurance plan may be for you if there is a short gap in your insurance. For example, if you lost your job and have begun searching for new employment with health insurance benefits, affordable temporary health insurance can help bridge the gap. Short term health insurance coverage is also suitable for people who are recent college graduates or on strike. With affordable short-term health insurance, you have time to compare and contrast individual health plans and make it through the waiting period without feeling desperate.
Oklahoma Student Health Insurance
Uninsured young adults make up the largest segment of the uninsured population in Oklahoma. When attending college in Oklahoma, it is very important to have student health insurance. Many colleges and universities require proof of health insurance for students; even if yours does not, cheap student health insurance will probably end up paying for itself. While you may be young and healthy now, sudden illness and accidents can happen. In that case, you will be very happy if you have college student health insurance. Don’t end up graduating with medical debt in addition to student loans!
