Other Insurance Options

Medicare
Medicare insurance is health insurance for individuals over the age of 65 and other eligible Americans. Original Medicare does not pay for everything, which is why private insurance companies offer additional plans like Medicare Advantage and Medicare Supplement. These plans are purchased to provide coverage in gaps from Original Medicare.

Health Savings Accounts
Health Savings Accounts (HSAs) are a great way for consumers to save money on health insurance and save for health care services.

HSAs are tax-free savings accounts where consumers can save for future health care costs. These plans are purchased with a high-deductible plan that has low monthly premiums. The health savings accounts can also be used to pay the deductible once it is needed.

Critical Illness Insurance
Critical illness insurance is a medical insurance that is purchased in addition to health insurance. It provides coverage for certain illnesses that are deemed critical and typically last more than a month. Cancer is one popular type of critical illness that this policy can be used to pay for.

When it is determined that individuals have a critical illness, the company will pay a lump sum for the policyholder. The lump sum can be used on a variety of things including medical bills, hospice care, in-home care, bills, and even mortgage payments.

Short-Term Health Insurance
Short-term health insurance is another type of health insurance policy that is only used for a temporary period. It does not cover pre-existing conditions or annual visits. But it does provide coverage for emergencies and injuries. It is very affordable and is often used when there is a temporary lapse of health insurance.