kentucky insurance

kentucky insurance

Home - Uncategorized - Affordable Health Insurance in Kentucky – Low Cost Plans Online

Affordable Health Insurance in Kentucky – Low Cost Plans Online

Posted on June 28, 2018 in Uncategorized

Low cost, high deductible insurance health plans are something you should learn more about before buying a new health insurance plan. At first, a high deductible insurance plan may seem a bit confusing. However, there are many benefits associated with this relatively new insurance plan.

Kentucky Low Premium Health Insurance Plans

Because of the rising popularity of (HSA) Health Savings Accounts, insurance companies have developed new insurance plans to work smoothly with an HSA. HSAs provide a tax-exempt way for you to save money for your health insurance plan deductible if and when you need it.

The new high deductible insurance plans have deductibles ranging from $1000 to $5000. After the deductible is met, the plan begins to pay 80 to 100% of medical costs. So, if you stay healthy for a number of years, this savings account could grow to well over the deductible amount of your insurance plan.

And, if you do need major medical attention, the most it will cost you is the amount of the deductible you have chosen. Because your monthly premium will be substantially lower than with other types of insurance, part of this savings can be automatically deposited into your HSA for future use, and the other part deposited into your pocket as savings.

Getting Health Insurance Quotes in Kentucky

One of the best ways to learn more about Kentucky health insurance is to go to an insurance quote website and request quotes. Immediately after you complete their short form, you’ll get several low cost HSA, HMO, PPO, and POS quotes while still online. After you have your quotes, you can compare plans and visit their websites for more detailed information.