Personal
Individual Health Insurance
For individuals who are self-employed or work for an employer who does not provide health insurance.
Who is Eligible for individual or family health insurance?
Most people who have health insurance are covered through employer group plans, resulting in lower rates for individuals due to the shared healthcare risk pool. When a person is self-employed or works for an employer who does not provide health insurance, they can purchase individual health insurance policies. Many large insurance companies offer health insurance policies for individuals, and these policies often differ in coverage and cost than the standard group insurance coverage.
What is individual or family health insurance?
Health insurance provides coverage for an individual and their spouse or children (if applicable). This includes doctor’s visits, hospitalization, prescriptions, and more. While some services are covered by all health insurance plans, such as preventative visits and screenings, coverage and costs for other types of services will vary. Understand the following terms as you compare health insurance plans:
- Premium: The recurring amount you pay (usually monthly) for coverage.
- Deductible: Your out-of-pocket responsibility before insurance coverage kicks in.
- Co-Pay: The amount you’re responsible for when you go to the doctor, have an x-ray done, etc.
- Co-insurance: Percentage of costs you’re responsible for after meeting your deductible.
Comparing rates is fast and easy!
Partner with LSNB’s seasoned health insurance professionals for a policy that’s tailored to your needs. Let’s get started today!
Rio Grande Valley – (956) 682-1722
San Antonio – (210) 572-3222
Investment & Insurance Products : NOT FDIC INSURED – NOT GUARANTEED BY THE BANK – MAY LOSE VALUE
