Individual Health Insurance in Beaumont, TX

With many medical costs on the rise, achieving and maintaining good health can be an expensive affair. Fortunately, help is available. Individual health insurance is a type of coverage that a person buys independently, such as through their insurance broker or the Health Insurance Marketplace. These policies can be purchased for individuals or families and may be crucial in ensuring access to health care.

What Is Health Insurance?

Health insurance is a type of insurance coverage that can help pay for preventive, medical, surgical and other health care expenses incurred by the insured. Health insurance can reimburse the insured for expenses arising from illness or injury, or pay the care provider directly. It is often included in employer benefit packages as a means of enticing quality employees. However, for those who either do not have access to employer-sponsored coverage or choose to look elsewhere, there are other options available.

Individual health insurance policies are plans that you buy on your own, rather than those provided by an employer. They can often be purchased from an insurance broker or found on the Health Insurance Marketplace, and they may cover a single person or an entire family. The cost, coverage and terms are generally different than those of group health insurance plans offered by employers, and individual policies may offer more chances to customize your coverage.

How Does Health Insurance Work?

When you need medical care, your health insurance company can lend assistance by paying for part of the cost, as long as you’ve met your plan’s deductible. The deductible is the amount you pay out-of-pocket for health care before your insurance begins to pay in a given plan year. After you’ve met your deductible, you may still be responsible for a portion of the cost, such as via either copays or coinsurance. Many policies also include an out-of-pocket maximum, which limits the total amount you can be made to pay for covered services in a single plan year.

We’re Here to Help

Contact JS Edwards & Sherlock today to learn more about individual health insurance or to compare personalized quotes.