Is it a good idea to get individual health insurance through an insurance broker?

Question

And I would appreciate some links to helpfull info.

Answer 1

It’s always a good idea to get as many perspectives about a product you’re considering and that would include talking with insurance agents and brokers. Brokers do represent you, unlike agents that represent insurance companies. However, they only can offer you health plans with companies they have relationships with, so you might be able to accomplish the same task if you speak to multiple state-licensed health insurance agents.

Before you begin speaking to insurance experts, I would make sure you already know what kind of health plans appeal to you. Most health plans differ according to:

1.Price – monthly premium, annual deductible, coinsurance, copayments, etc.
2.Access to health care – the ability to self-refer to specialists you’d like to visit and greater freedom in undergoing treatments and medical procedures.
3.Financial stability of the issuing insurance company.

Below I’ve listed links to three guides to understanding and selecting a health plan. When you’ve narrowed down your list of insurance companies and decided which health plan model you’d like to use (traditional fee-for-service, PPO, HMO, etc.), try visiting MostChoice.com. You can compare health plans online through prices and policy descriptions, and you can also speak to multiple locally licensed health insurance agents and brokers without any obligation.

You can find it here: http://www.mostchoice.com/health-insurance.cfm

Hope this helps,
Barnes @ MostChoice.

Answer 2

In my country, insurance brokers deal mainly with corporate clients. The individual insurances that they handle are usually incidental to their corporate clientele. So, if you just want to purchase a single health insurance policy, they may even recommend that you deal with an agent !

Answer 3

Broker is there to help you out picking an insurance policy for your needs..I would recommend you to go and talk to a broker and mention your requitements and on the basis of that he can suggest some plan for you..

http://www.healthinsuranceace.com/

Answer 4

Don't have any links, but a broker can give you quotes from several companies as opposed to an agent from a particular company.

Answer 5

Well, it's a good way to get health insurance, but not the cheapest way. The cheapest way is through your employer, as they pick up a healthy chunk of the tab.

Answer 6

that's right, if you are employed or self-employed, it is definitely more economical to get thru company's plans. otherwise, you can pick up from anyone (broker or direct agent) PROVIDED u have done your research based on your budget, what you really forsee to be essential (is it daily board & room, surgerical fees, daily hospital income etc) within the medical plan. feel free to email me if you like to find out more [e-mail]

Answer 7

It really depends - are you self-employed? That's the only way it really pays. Otherwise, you get less expensive coverage thru an employer.