Healthcare Options: What’s Available

Today you will learn about medical coverage plans if you are under the age of 30. These plans vary based on the price and facilities offered, and some of them are designed specifically keeping you in mind.

If you are under the age of 26, then there is an option for you to continue to stay covered under your parent’s health insurance plan.

Small Plans

Alternatively, you can buy your own health insurance plan as well which is definitely more recommended any given day. Getting your health insurance coverage plan at the beginning of your career is recommended even if you are making less money. In this case, go for a smaller plan that lies somewhere between $50 and $100.

You may also choose Catastrophic Health Plan that will insure and protect you against certain worst case scenarios. If you are still young and studying, then you can and should go for Student Health Plan instead.

CHIP and MedicAid

medicaidMedicaid will allow you to qualify for low cost but quality medical coverage using the Medicaid services. You may also, depending on the state you are living in, qualify for it based on your income. This is recommended if you are or someone in your family is suffering from life situations. A common example where you can go for Medicaid and CHIP is when someone in your family is pregnant or when someone is suffering from physical disability.

CHIP stands for Children’s Health Insurance Plan and it comes in handy in case you have children in your house. You can apply for CHIP even if you do not qualify for MedicAid which is good news.

If you do not have a qualifying health coverage plan then you will end up paying a penalty in your next federal tax return, so it is recommended that you get one today.

If you are looking for more information on health coverage plan then please visit