AboutMichael Higgins Expertise All questions pertaining to health insurance, whether group, individual/family, student, child-only, COBRA, HIPAA, Portability, dental. No expert knowledge in areas such as life insurance, disability, workman's compensation, auto, etc.
Experience 27 years as owner of health insurance agency, primarily dealing with Blue Cross Blue Shield of Arizona.
Education/Credentials College, Business Administration.
i am 19 yrs old ad I am new to the word insurance Because i am going to US and there with out Health Insurance most of the hopitals or clinics will not treath unless you dont have your health Insurance, so please let me know from the basic of this thing.
what should be insured,
how much i have to pay each month and all those things which a person like should now about Insurance.
Regards,
Mansoor
Answer Hello Mansoor:
Young males such as yourself are the least expensive to insure. The cost of health insurance for you will be much lower than for most people. Prices will range from $30-$300 a month depending on the type of coverage. I suggest an HSA, (health savings account,) plan for you with a high deductible. This should cost you about $50 a month. Make sure the policy includes coverage for your annual physical without having to meet a deductible first, or at least a lower deductible than for other services.
The easiest way for you to purchase health insurance will be to find a broker that lives in your state. They will explain everything to you and the costs involved. The Blue Cross Blue Shield company in your state is a great company to deal with in my opinion. Simply look them up on the Internet and give them a call.
There is no need for you to have a low deductible, (what you must pay first before the insurance company starts paying.) The lower the deductible the higher the cost to you. By purchasing a high deductible plan such as myself you will keep your monthly premium lower, yet still protect you against a very large medical bill. I have an HSA plan with a $5500 deductible. The whole idea here is to protect you from starting out your life here in the USA with a huge medical bill if you become sick or injured, and not to insure every little condition that may occur.
