You can purchase health insurance without a job in Oklahoma City, OK, and other parts of the country. While it’s advantageous to have the ability to obtain a policy from your workplace, not everyone has this opportunity. For instance, independent contractors and freelancers must rely on individual health insurance to cover their medical costs.
How Do I Obtain Health Insurance?
There are a few ways to obtain health insurance without a job. According to the subject matter experts at Freeland Insurance, you can purchase a policy through many commercial firms. Many offer the same programs provided by employers. The main difference is cost.
The company pays a portion of the premiums when you purchase a workplace policy. Conversely, you’re responsible for 100% of the subscription costs when you buy an individual policy. It’s this point that stops many from purchasing a health insurance policy.
An alternative is to select a program through the Affordable Care Act (ACA) marketplace. Established in 2010 as an affordable location for health insurance, the space features programs with low deductibles and premiums. Some programs, like Medicaid, have zero premiums and minimal copayments.
How Do I Quality for Medicaid?
Signed into law in 1965, Medicaid is government-supported health insurance for low-income individuals and families. Oklahoma City, OK residents qualify for Medicaid if their median annual income is at or below state and federally established values.
There are many questions to answer about personal health insurance policies. Therefore, reaching out to those intimately familiar with Medicaid and the ACA Marketplace is best. If you need help deciding, reach out to representatives at Freeland Insurance to get the correct answers.