Although health coverage is important, many people avoid purchasing it because they believe they can't afford it.
However, if you ask yourself the following to questions, you might just find that purchasing an individual health insurance plan is within your means after all.
1.
How Much Money Do I Have To Spend? It's true that health coverage is important, but you don't want to spend so much money that you don't have the funds to cover your basic needs like shelter, clothing, and food.
If you don't choose an individual health insurance plan that works with your budget, you'll either end up without enough money to pay for your basic needs, or you'll have to let your policy lapse.
Spend some time looking over your usual bills and figure out how much money you have left each month.
If you have enough, is it enough to pay for an individual health insurance plan? If you don't have enough, are there monthly extras you can cut back on? 2.
What Are the Kinds of Coverage I Absolutely Need? You might think you need to purchase an individual health insurance plan with the most comprehensive coverage package; however, even if you have the budget to do this, it doesn't always mean you should.
Some of the most comprehensive plans offer coverage that not everyone needs.
For example, people who only take prescription medications once or twice a year probably wouldn't benefit from a health plan that covers prescription medicines.
Because they don't need them very often, these people could probably save money by just paying for those medications out of pocket.