Even if You Can’t Get Medicare, Lower Cost Options Exist

These days, finding affordable healthcare is most people’s top priority. They realize they need the right coverage for preventive services that fend off long-term illness, and emergency care when accidents happen or illness strikes. Unfortunately, affordable healthcare isn’t always easy to find.

It may be easier when state exchanges are widely accessible, and as some states expand Medicaid, but at the moment those options aren’t fully available. If you don’t qualify for Medicare, it can be difficult, but there are other ideas worth exploring.

If you need low-cost healthcare, you may not even consider private health insurance, but depending on your plan and how much you can afford, private plans could work well for you. Think about combining a high deductible health plan with a Health Savings Account (HSA). This combination offsets risk, but you will to pay more out of pocket. Money in HSA’s can help pay for the deductible, but only for medical expenses.

If you don’t qualify for Medicare, consider Medicaid, which is available for low-income individuals. You need to meet income thresholds, but if you do, Medicaid will help cover preventive services; it also has reduced charges for other services. State-run programs can help you find coverage.

To cover children, if you don’t qualify for Medicaid, you may want to research the Children’s Health Insurance Program (CHIP). CHIP doesn’t cover adults, but provides your children with needed care.

Currently, finding affordable health insurance can be a challenge, but it’s vital to you and your family – so persist.