No one can afford to be caught without Kentucky health insurance. One bout with an illness that requires hospitalization could bankrupt your family if you do not have any coverage. Fortunately, those looking for Kentucky Individual Health Insurance Plans, there are a number of affordable options to obtain medical insurance that can protect you and your family from a financial nightmare.
Shopping for the best health insurance plan will first require an evaluation of your needs. Are you looking for a short term policy to cover you until you find a job or do you need full coverage similar to what a large employer would provide? You also must look at your budget and determine what you can afford to pay in a monthly premium. You can control the cost by looking at plans that carry higher deductibles and higher coinsurance rates.
The two main providers of health insurance in Kentucky are Humana and Anthem. Each of these major insurance carriers offers a variety of plans in the Bluegrass to cover just about any need. Anthem’s Lumenos plan offers a wide choice of benefit options which includes 100% coverage for preventive care after your deductible. The Lumenos HAS plan does require you to choose providers from within its’ network in Kentucky to receive the maximum benefits. Individual deductibles can be set at between $1500 and $5500 while family plans will range between $3000 and $11,000. The lower the deductible, the more expensive your premium will be. The lifetime maximum benefit caps at $7 million per member.
The equivalent to Anthem’s Lumenos plan is HumanaOne Portrait. Deductibles for this plan can be set as low as $1000 per individual or $2000 for in network family care. This plan pays 80% of the cost for most covered in-network medical services. The plan also pays 100% for in network doctors visits for covered illness or injury after your copayment. The HumanaOne Autograph plan offers a little more flexibility for someone on a tight budget. It allows you to choose the level of protection you want at a cost that will match what you can afford.
Don’t be caught without health insurance because you fear premiums will be too expensive. If you have questions about what plan is best to meet your needs contact an experienced independent insurance agent who can help you shop around for the best coverage.