Recently one of our Advisors at MyInsuranceExpert.com received a phone call from a client they assisted getting health insurance for a week before. The client, who previously was on the fence about purchasing coverage, was very intent on finding out whether or not the policy was currently in force. Their six year old child had just been admitted to the local hospital and was in need of an appendectomy.

Our Advisor reviewed their file, and in fact their policy was currently active and in force. Even though the plan had an annual $7,500 out of pocket exposure it still saved the client about $15,000 in medical bills, and they were grateful.

Read the full post on Catastrophic Health Insurance for Catastrophic Events.

An unfortunate trend, although not one that is terribly prevalent, that MyInsuranceExpert.com has observed from its clients is the termination of a health insurance policy as a result of insufficient payment for the premium. This is always disheartening to see since the clients signed up to protect themselves from financial ruin, and now are walking around unprotected and uninsured. Because of our Advisors’ commitment to their clients we are typically able to find them a new policy. However, I want to stress the importance of finding a plan that not only addresses what you are looking for in coverage, but more importantly your budget.

Read the full post on Buy Health Insurance You Can Afford.

If you are self-employed, never had health insurance or recently laid off you cannot afford to not have major medical insurance. Why? Because today’s leading cause for financial ruin and filing for bankruptcy is the inability to pay medical bills. By purchasing a major medical policy you are able to implement a cap on your out of pocket expenses, and have the support of a large organization to subsidize the majority of your medical expenses. To give you an idea of what a burden medical bills and can be, a 3 day stay in a hospital can run upwards of $28,000.

Read the full post on Find Affordable Health Insurance.