Oregon 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 Oregon 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 Oregon 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 Oregon health insurance. Once you are armed with this valuable information, IndividualHealthInsurance.org will help you obtain affordable health insurance quotes to meet your needs.
Oregon Individual Health Insurance
Did you know that in Oregon health insurance companies are allowed to deny individual health insurance coverage to persons with pre-existing conditions? This decision is not solely based on your current health, but rather is based on both your current health status and your medical history which can date back as much as 5 years. Some Oregon health insurance companies will not outright deny coverage for pre-existing conditions, but may choose to offer a policy with inflated premiums or high deductibles to offset future expenditures. Another tactic taken by health insurance companies is to attach a rider, a written addendum, to the policy which will stipulate an exemption of coverage for a specific pre-existing condition either for a limited amount of time or for the life of the policy. It’s important that you read through your individual health insurance policy very carefully so that you will know what coverage to expect when you are faced with the inevitable medical expenses that will crop up in your life.
Oregon Group Health Insurance
The rules governing Oregon 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.
Oregon COBRA Insurance
For you to be able to apply for COBRA coverage, in accordance with Oregon health insurance rules, your former employee must have at least 20 staff members in their employ. Those eligible for COBRA will be able to remain covered for up to 18 months. For disabled persons the coverage is increased to 29 months; eligible dependents may be able to remain covered by COBRA for up to 36 months. Remember, COBRA is merely an extension of the benefits you received from your previous employers. Therefore, should the health insurance policy held by the company or organization be cancelled for any reason, your COBRA benefits would also come to an end. If your coverage is ending or has ended, you may be entitled to further health insurance coverage with the Oregon Comprehensive Health Insurance Association (ACHIA).
Peace-of-Mind is only a Few Clicks Away
Now that you have a solid overview of individual, group and COBRA health insurance coverage, you are ready to take action. If you are already have a health insurance policy- either through your employer or another source, look over the policy to make sure it meets your needs. If you are one of the millions of uninsured people in the country, take the time to fill out the form at IndividualHealthInsurance.org so that you can obtain your free quote and take steps to protect your valuable assets.
