Affordable California Individual Health Insurance
There are many different options to consider when choosing health insurance in California, and certain plans are better suited to families than individuals due to added savings for additional beneficiaries or other special group discounts. Flexible individual health insurance can be obtained through a PPO plan, as these plans do not require referrals for specialists and also provide limited cover for medical services provided by out-of-network physicians and hospitals.
Other California Individual Health Insurance Options
Other California individual health insurance options include Health Savings Accounts, such as those provided by Lumenos. A HSA functions much the same way as a regular savings account, except that funds contributed by the account holder are used to pay for medical services. The benefit of an HSA is that funds are tax-free and accrue interest, and should you retire or have unused funds left when you are able to close your account, these will be paid out, thus an HSA may provide a substantial nest egg if you remain in good health.