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  • September 7, 2018
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Employer Health Insurance vs. Individual Plans_ Which is Better

Selecting a health insurance policy is a complex process. You have a variety of options available and you want to choose the option that fits your lifestyle and situation. Los Angeles individual health insurance differs from an employer health insurance policy. By clarifying your needs, you will be able to choose the right plan for your goals and family.

Differences Between the Policies

The key difference between an employer health insurance policy and an individual health insurance policy is the source of your coverage. An employer health policy is a group policy designed for the needs of a company. Employers choose the insurance provider and allow employees to pick from a limited number of options. The advantage is that the employer splits the costs, so you are not paying a high premium. Individual health insurance in Los Angeles is a personal plan. You choose the policy that fits your specific needs or the needs of your family. The downside is the higher cost of the policy.

Comparing Your Options

The main consideration when you compare different health insurance policies is looking into your coverage needs. You want to compare the coverage as well as the costs associated with medical care. Look at the premium, the deductible and the coverage details. You will notice that most policies cover a percentage of medical costs after you pay a stated deductible. The premium is your monthly expense. You want a policy that fits your needs and does not exceed your budget.

The options that fits your needs is the best option for your health insurance. While an employer insurance policy helps you cut back on costs, the coverage is limited to the options your employer offers. If you need a better policy, then you may need to consider an individual health plan. To learn more about individual health insurance or for a free quote on a policy, contact Absolute Value Insurance today.

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