top of page
  • Writer's pictureSara Yuen

Buying Health Insurance on Your Own

It can be daunting trying to purchase health insurance on your own. With all of the options available, it's hard to know where to start. That's why we've put together this guide to help you find affordable healthcare coverage that meets your needs. We'll discuss the different types of health insurance plans available and provide tips for finding the best rates.

So whether you're self-employed or just looking for a better deal on your current plan, read on for information about the best ways to navigate the health insurance marketplace on your own!

own health insurance, individual health insurance, insurance company, affordable care act, health insurance company, health coverage

Overwhelmed with Insurance Options? Our Health Quote Tool Makes it Easy.


Steps to Buy Health Insurance

The Trusted Referral Network is here to help clear up some common misconceptions about buying health insurance. In today's blog, we will be going over the three main things you need to understand to purchase public or private health insurance.

  • Understanding Different Types of Coverage

  • Where/How to Shop for Health Insurance

  • Getting the Best Rates & Coverage You Need

Different Types of Health Insurance

The first step in finding an affordable health insurance plan is to understand the different types of plans available. There are four main types of health insurance plans: HMOs, PPOs, EPOs, and POS plans. Each plan has its own set of benefits, and drawbacks, so it's essential

to understand how each one works before you decide.

HMO Health Insurance Plans

HMOs, or Health Maintenance Organizations, are among the most popular types of health insurance plans. HMOs offer comprehensive coverage and low out-of-pocket costs, but they also have some drawbacks. One downside to HMOs is that you'll likely need to use in-network providers only. You'll have to pay more if you see doctors or healthcare providers who aren't part of your HMO network.

PPO Health Insurance Plans

PPOs, or Preferred Provider Organization plans, are another type of health insurance coverage. PPOs offer more flexibility than HMOs, allowing you to see out-of-network providers for an additional cost. However, PPOs typically have higher monthly premiums and out-of-pocket costs than HMOs.

EPO Health Insurance Plans

EPOs, or Exclusive Provider Organizations, are similar to PPOs in that they offer more flexibility than HMOs. However, EPOs usually have even higher premiums and out-of-pocket costs. Additionally, EPOs may not cover some types of care, such as mental health services.

POS Health Insurance Plans

POS plans, or Point-of-Service plans, are managed care plans. POS plans offer the flexibility to see out-of-network providers, but they also have high premiums and out-of-pocket costs. Additionally, POS plans often have restrictive networks, meaning that you may not be able to see the provider of your choice.

Shopping Affordable Health Insurance Options

Once you've decided on the type of health insurance plan that's right for you, the next step is to start shopping around for rates. There are a few things to keep in mind when you're comparing rates. First, make sure to compare apples to apples. In other words, make sure you're comparing plans that offer the same type and amount of coverage. Also, be sure to read the fine print! Some plans may have hidden costs or exclusions.

If you don't trust yourself to find a plan that provides the health coverage you need at a price you can afford - we can help. TRN has partnered with New Health Plans to help connect people to trustworthy health insurance agents to find affordable plans with access to the best health care providers in your area. Thanks to the affordable care act, new plans are available with extremely low monthly premium options, discounts on prescription drugs, and even discounted children's health insurance program packages if you have a family. If you are an individual, you may even qualify for more affordable plans than your employer-sponsored health insurance.

Negotiating Health Insurance Coverage You Need at the Price You Can Afford

Finally, don't forget to use your negotiating skills when you're buying health insurance. Remember, the goal is to find a plan that meets your needs at a price you can afford. Be prepared to haggle, and don't be afraid to walk away if you're not getting the deal you want. Some insurance company agents are notorious for trying to nickel and dime people looking for their own health insurance.

Purchasing health insurance doesn't have to be complicated or expensive. With a little bit of research, you can find a plan that fits your budget and lifestyle. Following these tips will help you find affordable health insurance that meets your needs.

The Trusted Referral Network is Here to Help

Finding affordable health insurance can be daunting, but it's important to remember that there are resources available to help you. Trusted Referral Network is here to help connect you to the insurance company that has the plans available to meet your needs and budget. Contact us today for more information! We're here to help you get the proper health coverage you need.

Compare Multiple Plans in Minutes & Start Saving on Your Coverage



bottom of page