Young Adult Medical Insurance - How to Get the Best Rate

As many as 40% of young adults aged 19-29 lack medical insurance. Yet for a healthy young adult, affordable young adult medical insurance is available. You just need to be willing to search a little bit for the best policy.


Options for Students

If you're a student, you may still be able to obtain health coverage under your parents' policies. The age limits for remaining on your parents' policies varies by state, but is usually age 23-25. Check with your parents' insurance company to see if this is a possibility.

Even if you're too old, you may also be able to stay on your parents' policies under the COBRA law. However, this option tends to be very expensive.

You can also check with your college to see if they offer an inexpensive policy for students.


Other Options

If you are no longer in school, you have other options for obtaining health insurance. You may have a job that offers health insurance as a benefit. If you do, compare their costs and benefits to a private policy.

Insurance through your employer usually is your best option, but it never hurts to comparison shop. Go to an insurance comparison website and see what kinds of rates you can get from a private insurance company. Be sure you compare more than just the monthly premium, though. Look also at ...

* Deductibles

* Co-payments

* Percentage paid for doctors and hospitals

* The ability to choose your own health care provider

If you don't have a job that offers benefits, or there's a waiting period before your benefits kick in, you may qualify for coverage through a state program. Otherwise, you definitely need to look at private insurance.

If you graduated from college, check if your school's alumni association offers health insurance. Another good option if you are in good health is buying a high-deductible policy with low monthly premiums.


Where to Get Cheap Young Adult Medical Insurance

Visit http://www.LowerRateQuotes.com/health-insurance.html or click on the following link to get young adult medical insurance quotes from top-rated companies and see how much you can save. You can get more tips and advice in their Articles section, and get answers to your questions from an insurance expert by using their online chat service


The authors, Brian Stevens and Stacey Schifferdecker, have spent 30 years in the insurance and finance industries, and have written a number of articles on young adult medical insurance.