If you're like most Montanans, the health and well-being of you and your loved are probably right at the top of your list of your priorities. But, of course, Montana health insurance is just one piece of this well-being, as you also need to put food on the table, a roof over your head, and other living essentials. That's why when it's time to renew your health insurance policy, you need to find a plan with reliable coverage, affordable premiums, and reasonable limits on out-of-pocket expenses. Naturally, what's affordable to one person may be cost-prohibitive to the next. Moreover, the available health care services in Billings are a lot different than the available services in Libby. Fortunately, you can shop for a health plan that meets both your personal health care needs and your budget limitations right here at NetQuote. But before you avail yourself of our free, quick, and reliable referral service, you may want to know a little bit more about health insurance in Montana....
Montana Health Insurance in Tough Times
Although the state's unemployment rate (7.1% in March 2010) is relatively low compared to the national average, it has, nevertheless, more than doubled since August 2007. If you've been laid off, you probably know that you have the option of enrolling in COBRA to maintain your health benefits, but you may not realize or appreciate that you must now pay 35% of the employer-portion of your premiums for nine months and the entire premium after that until your coverage expires altogether. Many former employees simply can't foot the bill. Plus, if your employer went of business, you won't even qualify for this high-priced coverage. Worse, many employees never had employer-based health insurance in Montana to begin with. Due to the high concentration of agricultural jobs and other state-based factors, only 40.2% of employers offer health benefits to their employees, worst in the nation, according to the Agency for Healthcare Research and Quality.
Montana Health Insurance Quotes: What to Expect on the Individual Market
If you fall too far, Medicaid becomes an option, but you may also be surprised by the number of affordable health plans available on the individual market. With a low rate of health spending per capita, Montana insurance companies have a built-in advantage when pricing their policies. And with fewer residents receiving employer-based health benefits, the state sees a greater percentage of its residents obtain coverage on the individual, helping to tamp down costs in this high-priced business model.
Of course, if you're shopping for individual Montana health insurance, you may have more to worry about than just costs. With few individual guarantees to access to health insurance, uninsured residents are at risk of developing a medical condition that could leave them on the outside looking in. Fortunately, federal health care reform law is about to do away with "preexisting conditions." In the meantime, if you've been denied access to health insurance in Montana due to a preexisting condition, you can seek coverage through the state's high-risk insurance pool, the Montana Comprehensive Health Association. To view other changes coming to health insurance in Montana as a result of health care reform, use this governmental resource.
Find an Affordable Montana Health Insurance Quote
If you're like most people, you probably think the advantage of an online referral service like NetQuote is the convenience affords. And it certainly is convenient: A reliable Montana health insurance quote is only a few clicks away, but we do more than just connect you to the first company we find. Each and every insurer in our database is licensed by the state and vetted for basic industry credentials. Plus, you'll able to comparison-shop from several different companies that offer health insurance policies in your state. This allows you to find the best value, on top of the already reduced rates achieved through the efficiency and lower overhead costs of an online referral service. In this day and age, there's simply no better way to shop for your next health insurance policy.