How to Buy Health Insurance for an Individual?

If you’re looking for health insurance but don’t have an employer to help, you’re not alone. In 2018, nearly 30 million people in the U.S. bought health insurance on their own.

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There are a few things to consider when you’re looking to buy health insurance for an individual. The first is what type of coverage you need. Do you need a basic plan that covers doctor’s visits and prescriptions, or do you want a more comprehensive plan that also covers things like hospitalization and surgery?

Once you know what type of coverage you need, the next step is to research different health insurance providers. Look for companies that have a good reputation and offer the type of coverage you’re looking for. Make sure to read the fine print so you understand what’s covered and what’s not.

Finally, get quotes from several different health insurance providers before making a decision. Compare the price of the premium, the deductible, and the out-of-pocket maximum. Choose the plan that offers the best value for your needs.

What to consider when buying health insurance

When you are buying health insurance there are a few things you will need to take into account. The first is what kind of coverage you need. Do you need a basic plan that covers only major medical expenses, or do you need a more comprehensive plan that covers things like prescriptions and preventive care? The second is how much you can afford to pay for premiums.


When you’re considering health insurance there are a few different types of coverage to think about. The first is hospitalization insurance, which covers your costs if you need to be hospitalized. This can include things like your room and board, as well as any tests or procedures you may need while you’re in the hospital.

The second type of coverage is medical insurance, which covers your costs for things like doctor’s visits, prescription drugs, and other outpatient treatments. You may also want to consider dental and vision coverage, as well as any other special health needs you may have.

Finally, you’ll want to consider how much coverage you need. This will depend on things like your age, your health, and your lifestyle. If you have a family, you’ll want to make sure they’re covered as well. And if you have a pre-existing condition, you may need to get a policy with higher limits.


When you are considering purchasing health insurance, one of the first things you will want to think about is the cost of the policy. Health insurance policies can vary widely in terms of cost, so it is important to get quotes from a number of different insurers to find the best price. In general, you will want to look at the premium (the monthly or yearly cost of the policy), the deductible (the amount you would have to pay out-of-pocket before your insurance would kick in), and the co-insurance (the percentage of covered medical costs that you would be responsible for). You will also want to make sure that the policy covers any pre-existing conditions that you may have.


When you’re considering health insurance plans, an important factor to keep in mind is the network of doctors and hospitals that each plan contracts with. These are the providers that you can see and receive services from while still being covered by your insurance. Sometimes, you may be able to see a provider that is out-of-network, but you will likely have to pay more out-of-pocket costs.

It’s important to do your research and make sure that the providers you need to see (for example, your primary care physician or your child’s pediatrician) are in the network for the plan you’re considering. You can usually find this information on the insurance company’s website or by calling their customer service number.

Once you have a list of potential plans, you can start narrowing down your choices by considering other factors such as premium price, deductible, and co-pays.

Plan type

There are four types of health insurance plans: HMO, PPO, POS, and EPO.
-HMO plans have the lowest monthly premiums but you can only see doctors that are in their network.
-PPO plans have higher monthly premiums but you can see out-of-network doctors, although you’ll pay more for those visits.
-POS plans are a mix of HMO and PPO plans. You’ll have lower premiums like an HMO plan, but you can also see out-of-network doctors like a PPO plan (although you’ll pay more for those visits).
-EPO plans have the highest monthly premiums but you can see any doctor that participates in the network without having to pay more.

How to buy health insurance

There are a few different ways that you can go about buying health insurance as an individual. You can purchase a health insurance policy through the marketplace, you can work with a broker, or you can go directly to a health insurance company.

Get quotes

Now that you know what kind of coverage you need, it’s time to start shopping for health insurance quotes. The best way to do this is to use an online comparison tool, which can help you compare quotes from different insurers in your area.

When you’re getting quotes, you’ll want to make sure that you’re comparing apples to apples—in other words, that you’re looking at plans that offer the same level of coverage. You can usually do this by making sure that the deductible, co-payments, and out-of-pocket maximums are the same.

You may also want to consider whether you want a plan with a network of doctors and hospitals, or if you’d prefer a plan that allows you to see any doctor or hospital that accepts the plan’s insurance.

Compare plans

The best way to find the right health insurance for you is to compare plans and get quotes from several different insurers. You can also use a broker to help you compare plans and find the best one for your needs.

Choose a plan

The U.S. health insurance system is a complex animal, and buying health insurance for the first time can be daunting. There are many types of plans out there, and figuring out which one is right for you can be tough.

Here’s a rundown of the different types of plans available:

Health Maintenance Organizations (HMOs): HMOs are network-based plans that usually only cover care from in-network providers. You’ll typically need a referral from your primary care doctor to see a specialist. HMOs often have lower premiums but higher out-of-pocket costs.

Preferred Provider Organizations (PPOs): PPOs are also network-based, but they typically offer more flexibility than HMOs when it comes to seeing providers. You can see in-network or out-of-network providers, but you’ll pay more for out-of-network care. PPOs often have higher premiums but lower out-of-pocket costs than HMOs.

Consumer Directed Health Plans (CDHPs): CDHPs are high deductible health plans that are paired with a Health Savings Account (HSA) or a Health Reimbursement Arrangement (HRA). With a CDHP, you pay for most of your own medical expenses up to the deductible, and then the plan kicks in. CDHPs often have lower premiums but higher deductibles than other types of plans.

High Deductible Health Plans (HDHPs): HDHPs are health plans with high deductibles ($1,300 or more for an individual) and low monthly premiums. They may or may not be paired with an HSA or HRA. HDHPs often have lower monthly premiums but higher deductibles than other types of plans.


As you can see, there are many factors to consider when purchasing health insurance for an individual. By taking the time to research your options and compare quotes, you can be sure to find a policy that meets your needs and budget. Be sure to read the fine print before enrolling in any policy, and don’t hesitate to ask questions if you have them.

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