Virginia is one of the most expensive states to purchase individual and family health insurance, but that doesn’t mean you have to stay uninsured. There are several ways to reduce your premiums and get the same level of coverage as a better-priced plan. One way is to choose a health insurance plan that provides a high deductible. Another is to choose a plan that provides coverage only if you have a medical condition.
Eight insurers are currently offering coverage in the individual market of the state. The deadline for open enrollment for individual plans in the state has already ended, but people with qualifying events may still sign up or switch to a different plan.
According to the Kaiser Family Foundation, the average Virginia individual and family health insurance plans have an average deductible of $715 per person. However, this amount varies widely by plan, as does the cost of premiums. In the end, the more money you pay out-of-pocket on your health coverage, the higher your deductible is likely to be.
Some health insurance policies also require a co-payment, which can vary widely depending on the provider. Some will cover a portion of the doctor’s bill, while others require payment until the doctor is seen.
Many people don’t realize that they can help reduce health care costs by making sure they are always on time for their appointments and that they do not skip routine dental care. Not only will you be able to save money on costly medical bills, but you will also be doing your part to keep your teeth and gums healthy.
Virginia’s employer-based insurance program, Preferred Provider Organization (PPO), can save you money, as well as the Federal Employee Health Insurance Program (FEHI) and Medicare. If you’re a VA employee, you can usually pick up a discounted rate from an independent provider by taking advantage of special discounts and rebates. You can find out if you qualify for discounts by filling out a form and sending it to the Department of Veterans Affairs (VA).
If you are self-employed or retired, you may be able to get a cheaper individual insurance plan through a group insurance plan. If you belong to a union or have an employer-sponsored plan, there are probably other options available to you.
Finding the best plan for you in Virginia may take some time and a little work. If you can shop around, however, you should find the best Virginia health insurance policy for you.
The first thing you need to do is make sure you understand how much the prices of individual policies vary in Virginia. Most people who want to buy a policy are surprised when they find that they get a lot of different prices. Keep in mind that this is normal. In addition, there are certain areas of Virginia that offer the lowest rates.
If you live in a rural area, you may find that your premiums for Virginia health insurance are even lower than in other parts of the state. The reason for this is that premiums in rural areas are often less expensive because most people live farther away from medical facilities. In contrast, people living in larger cities will often pay higher rates because the medical facilities in those areas are more plentiful.
It’s important to remember that you may have to pay more for health insurance in some parts of Virginia than in others. This is not a sign that you’re getting ripped off, it’s just a sign that you have to choose your insurance company carefully.
You may also find that you pay more for health insurance if you are overweight. If you have high blood pressure or cholesterol, you may need to pay more for insurance in some parts of the state than in others. It may also be harder to find good rates if you have had a heart attack or had a stroke.
You can find affordable health insurance, if you do some research on the web. There are many sites that will show you where you stand, so you can compare rates side-by-side to see where you can get the best rates.