For too many families and individuals, Delaware health insurance is not optional, but it's not affordable, either. Whether you need the financial protection that health insurance creates, guaranteed access to long-term care associated with certain diagnoses, or manageable costs for ongoing medical treatments associated with a current illness, lapsed health insurance can be as dangerous to your life as it is to your pocketbook. Here's what you need to know about the specifics of health insurance in Delaware, as well as information about the best way to shop for an affordable Delaware health insurance quote.
More People Seeking a Delaware Health Insurance Quote on the Individual Market
For the past several years, the state has relied more than most on employer-based health coverage, along with a lower percentage of residents covered under policies purchased on the individual market. Unfortunately, recent economic troubles have taken a big chunk out of this health coverage. With an employment rate hovering around 8-9 percent for much of 2009 and 2010, many workers have lost their jobs, other workers have been moved to part-time, and still others have seen their employers drop health coverage for their employees. Many of these workers, who aren't entitled or can't afford COBRA benefits, must turn to the individual health insurance market or go without.
Access to Health Insurance in Delaware
Needless to say, you need to make sure you're not missing access to affordable health insurance. Fortunately, you don't have to worry about being denied access to health insurance for a pre-existing condition. But many groups have access to additional resources to find affordable health insurance. Self-employed contractors can find the same coverage guarantees as small group health insurance. Moreover, you must use what resources are available to you. If you're struggling financially, find out if you qualify for Medicaid or other public assistance programs.
Choosing a Health Insurance Policy
It's easy to artificially build-up the complexity of health insurance, but when it comes time to buy a policy, you still usually get what you pay for. If you have the means, an indemnity health insurance plan that puts few, if any, restrictions on your health care coverage and avoids the in-network/out-of-network managed care plans altogether. For the majority of families, however, these plans are out-of-reach financially. Even upper-tier managed care insurance policies, with low deductibles/co-pays, no benefit caps, and drug prescription coverage may be infeasible while struggling to put food on the table and an underwater mortgage. But before you raise your potential out-of-pocket costs too much, you should keep in mind that, in 2007, sixty-two percent of personal bankruptcies were due to medical expenses, and seventy-eight percent of these filers started with health insurance when their illness was first diagnosed.
Shopping Online for an Affordable Delaware Health Insurance Quote
Whether you're looking for individual health insurance for the first time, a more flexible and comprehensive health plan, or if your policy term is up and you're looking for better premium rates, the best way to shop for a Delaware health insurance quote is to use a reliable online referral service, like NetQuote. That's because no matter what type Delaware health insurance you're looking for, shopping online saves you time and money. It takes only a handful of minutes to submit an online request for quotes from licensed insurance companies that offer policies in your area. In return, you can confidently and conveniently compare various insurance policies and costs from the comfort of your own home. There's a built-in advantage, too. Shopping online reduces overhead costs for insurance companies, allowing most companies to offer discounts for customers who contact them in this way. With no risk or commitment involved, there's truly no reason to wait to start shopping for the most affordable health insurance you can find.