One of the key differences between family health insurance and individual coverage is that you and your loved ones are all protected under the same plan.

Enrolling in a family plan is often considered the first step towards a healthier life for not only yourself but everyone on the policy. You will all have access to the same level of care and benefits, but your deductible structure will be a bit different.

When To Consider Temporary Coverage

Short-term plans are called temporary for a reason. They don’t provide the comprehensive health coverage you may be looking for, but can definitely come in handy.

For example, many people turn to temporary health insurance between jobs and use it as a way to keep themselves, and their families protected in the event of a medical emergency.

There is no law requiring small business owners to provide health insurance. But large companies may face penalties if they do not offer health coverage.

However, it is the best practice to have your employees covered under group health insurance plans, which protects your small business against many risks and is a great benefit that will help attract more talented employees.

When most people think about health insurance, they think first about covering costs of treatment for serious medical conditions or accidents. That’s a natural thing to do.

But there’s another type of insurance that’s equally important to your well being: Dental Insurance. Because dental disease is so common, being protected by Dental Insurance and using it wisely are essential safeguards for you and your family.

Supplemental health insurance is purchased in addition to your health insurance policy to help pay for any medical expenses your health insurance won’t cover. It is often purchased alongside high deductible health insurance plans, or any plan that comes with high out-of-pocket costs.

If planned out correctly, you can end up saving big on your health insurance and medical costs each year by pairing your regular health insurance policy with a supplemental policy.

Catastrophic health insurance plans were created under the Affordable Care Act, and are designed to be an affordable option for those who are eligible. Catastrophic plans save money up front by offering low monthly premium options and high out-of-pocket costs and deductibles.

Catastrophic doesn’t affect the quality of care you receive, nor do they affect how your claims are processed and reimbursed, they just offer a different premium and out-of-pocket cost relationship that can save you money. Catastrophic plans also come with a different eligibility process than other plans purchased through the health insurance marketplace.