Are you unemployed, self employed, or just taking a break and wondering about low cost health insurance. You may be asking yourself if there is such a thing as low cost health insurance. Well, if you pay attention to what legislators are saying or to your local evening news, you could certainly believe that it is impossible to find low cost health insurance. But, have you ever made a trip to your local hospital, doctor, or had some kind of minor or major medical emergency? If the answer to the above question is yes then you know that you just can´t afford to be without health insurance.

How to go about Finding Low Cost Health Insurance?

Ok, so you may have to get a little creative here, so what, you have to be creative in other areas of your life and this is no different. A few options can be taken to find low cost health insurance.

Check COBRA Out?

You may have an option sitting right in front of you and not even know it. COBRA is an option that passed legislation a few years back. If you have been working and were covered under your previous employer, you have the right to continue with that health insurance coverage plan for a period of at least 18 months. Of course you will have to pay the portion your previous employer paid, but you are still covered.

Other Options for Low Cost Health Insurance

If you are no longer eligible for COBRA or feel that COBRA is too expensive then you can shop around for self employed health insurance policies. Many health insurance companies are now offering group price coverage for self employed people who employ as few as one employee.

Check out the Internet for Low Cost Heath Insurance Plans

A good place to look for low cost health insurance plans is the internet. By surfing the web you can find several different rates from various companies. You will save time and money and any information you give to a company over the internet will be kept confidential.

Obtain a Low Cost Health Insurance Plan by Getting a Higher Deductible

Today there are health insurance plans that have higher deductibles just as in auto insurance, and the same principles appy. If your deductible is higher then your insurance premium will be lower. The only problem is that if you choose a low cost health insurance plan with a large deductible say of $5,000 then you may get worried about coming up with the money for the deductible. The answer to that problem is in starting a Medical emergency savings account. If you start a savings account for medical emergencies you will also be able to deduct the amount from your taxes.