One Medical Insurance

Amid all this travel and work experience, Birmingham recently faced a big concern: Health insurance.

Rory Birmingham has lived the life of a globe-trotter since graduating a year ago from Brown University.

After earning his sheepskin in international relations, the Kansas Citian connected with a nonprofit organization and taught English in Mexico last summer. When that volunteer work ended, he traveled to South America before returning home and working for two months as a UPS driver.

A few months ago, Birmingham signed on with a non-profit to help villagers in a remote part of Honduras. But realizing this work wasn’t for him, he cut short his commitment. He’s now searching for a full-time job that he hopes will match his degree.

The issue is on the minds of many of this year’s 1.6 million college graduates. Unfortunately, many will do without health insurance coverage partly because they think it’s unnecessary or that they can’t afford it. Heaven forbid, should a medical emergency come up, the consequences of being without coverage can be potentially dangerous.

Most college students are covered by their parents’ employer-provided health-insurance plan. Typically, coverage is provided to full-time students up to age 23 or 25.

But dependent coverage is generally terminated within about 30 days after graduation, meaning students are on their own unless they land a full-time job with health-care benefits or head to grad school and are still under their parents’ policy age limits.

Birmingham, 23, was fortunate. He at least maintained health insurance through his father’s benefit plan until about two months ago.

Rather than going without insurance in a lousy job market, Birmingham shopped for policies on the Internet at EasyToInsureME.com

Healthy and active, Birmingham wanted a basic plan to cover him in the event of an emergency. Web sites such as EasyToInsureME.com
provide easy comparisons on policies from numerous companies.

Birmingham settled on a policy from Aetna for about $80 a month. It includes a drug benefit with a $15 out-of-pocket charge for generics and a $30 co-pay for 60 days of drug supplies from a mail-order pharmacy. Birmingham said the shopping process was “surprisingly easy,” and he received approval a week after applying online.

Interestingly, the price of Birmingham’s policy was less than what most college grads expect to pay for individual coverage, according to a survey this spring by eHealthInsurance.

The study found that only 12 percent of students assumed they could buy insurance for less than $100 a month while 58 percent said they didn’t know what a policy would cost.

One of the best approaches for young adults now hitting the job market is to purchase individual short-term health coverage for six months to one year, with renewable options. These individual policies are far more affordable than coverage through the federal COBRA program.

I recommend researching online and getting three bids. Keep in mind that basic policies may include a drug plan, but generally not dental or vision.

Whatever you do, don’t skip the health coverage.

“You may think you’re bulletproof,” said Birmingham, “but you never know.”

Give him an A for health-insurance smarts.

Quoting and Saving on your health insurance has never been easier…EasyToInsureME

Golden Rule
Golden Rule Insurance

EasyToInsureME offers clients the easiest way to buy individual health insurance. Free services include instant online health insurance quotes, custom proposals for each client, free phone consultation, and 10-minute application by phone. Our services are free because we are paid by the health insurance company not by our clients.

Article Source:http://www.articlesbase.com/insurance-articles/attention-college-grads-dont-ignore-health-insurance-steve-rosen-966815.html

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