How To Get Health Insurance On Your Own
Before health care reform, individual health plans varied widely in what they covered, and insurers could deny your application for insurance or boost your premiums if you had a health condition. Now insurers have to cover you regardless of your health history, and they can't charge you more because of medical conditions.
If your 26th birthday is right around the corner you may have a lot of questions, especially if you've never had to purchase your own insurance before. Not sure when to get health insurance? We'll tell you when to begin shopping around for a plan.
You can't get tax credits based on your income if you buy a plan listed on the Plan Finder. You can only get tax credits on plans in the Marketplace. To see if you can get tax credits based on your income, check out this chart Opens in new window. Any health insurance plan listed on Plan Finder qualifies as coverage under the health care law.
Buying your own insurance plan. Depending on your situation, you may be eligible for savings based on your income. You can pick a "Catastrophic" health plan — a way to protect yourself mainly from worst-case scenarios. One catch: If someone claims you as a tax dependent, you can buy a plan through the Marketplace but won't qualify for savings
Dec. 3, 2007 -- Most people who try to buy health insurance on their own find that they either can't get it or can't afford it, even if they are relatively healthy, a yearlong investigation by
Group insurance typically doesn't require a medical exam, while any insurance you get on your own will. That can be a huge advantage for some people. Finally, group insurance may be cheaper than individual coverage, at least to start.