Maine Individual Health Insurance
With one in seven Americans uninsured or underinsured, you don’t have to look far to find somebody with little or no health insurance coverage. But with the soaring healthcare prices, affordable Maine health insurance is a necessity if you want to protect the assets you worked so hard to save. The search for affordable health insurance can seem daunting, but IndividualHealthInsurance.org makes the search easy, efficient and secure by connecting you with a network of the top health insurance providers in your area who can give you free health insurance quotes that fit your needs. You deserve to protect your savings and/or retirement account as you meet those routine and emergency medical expenses that are part of everyday life.
This article will help you understand the ins and outs of Maine health insurance regulations for individual, family and small group policies. You will also gain valuable information about for the Consolidated Omnibus Budget Reconciliation Act of 1986, commonly known as COBRA. As an overview, COBRA is meant to help workers who have been displaced retain health insurance coverage for themselves and their families for a specified amount of time- often at their own expense.
Read through this article carefully so that you will be a well informed about the regulations and information connected with Maine health insurance. Once you are armed with this valuable information, IndividualHealthInsurance.org will help you obtain affordable health insurance quotes to meet your needs.
Maine Individual Health Insurance
When you are looking to purchase individual health insurance in Maine, whether or not you’ll be approved for a policy is greatly influenced by how healthy you are and your past health status. Maine health insurance companies, in an effort to protect themselves from exorbitant medical expense claims, may deny individual health insurance coverage if they feel you fall into a high risk category. Some companies, however, will offer alternatives to outright denial. Some simply raise premium rates or deductibles. Others attach what are known as riders. A rider is a written addendum to a policy that exempts the company from responsibility to cover a pre-existing condition. The rider can be in effect for a short time or can last for the life of the policy. By law Maine health insurance companies can exclude coverage of a pre-existing condition for 2 years. When choosing your individual health insurance policy, be sure to read through it very carefully to understand the coverage you can expect.
Maine Group Health Insurance
The rules governing Maine group health insurance mirror those for all of the other states- that is, group health insurance policies are for companies which have between 2 and 50 employees. That does not mean, however, that all employees are covered by the group health insurance plan- those employees who live outside of the area covered by the policy and part-time employees are often not allowed to participate in group coverage. Like most insurance policies, there may be provisions included that allow for exclusion of coverage for pre-existing conditions for a period of time. The difference with group health insurance exclusions is that it is the employer who dictates the exclusions rather than the health insurance providers. If you qualify for group health insurance and have met all of your company’s preconditions, however, you will not be denied coverage regardless of the state of your current health.
Maine COBRA Insurance
COBRA provides for the continuation of Maine health insurance for employees who have left their jobs. For COBRA coverage to proceed, the previous employer must have at least 20 people on their staff. Normally, COBRA allows you to continue your previous Maine health care coverage offered by your employer for up to 18 months. However, for eligible dependents the coverage can increase to as much as 36 months. Disabled persons may have continued coverage of up to 29 months. Don’t forget, COBRA health insurance coverage is a continuation of your previous employer’s policy. If that policy is cancelled or lapses for any reason, your coverage would also cease. For those whose COBRA coverage has ended or will be ending shortly, there is still hope of continued health insurance coverage through the Maine Comprehensive Health Insurance Association (ACHIA).
Peace-of-Mind is only a Few Clicks Away
When it comes to finding affordable Maine health insurance knowledge is power. Now that you’re better equipped to deal with the various types of health insurance out there, you can make a decision that is going to benefit you and your family. Those who don’t have Maine health insurance coverage can fill out IndividualHealthInsurance.org’s free, no-obligation form and receive their complimentary Maine health insurance quotes.
Get started today on your peace-of-mind and protect your future with IndividualHealthInsurance.org!
