When you’ve been had health insurance through your employer or a group plan, you may not even have an idea how much California health insurance costs. After all, your share of your insurance premiums comes automatically out of your paycheck. You might not have noticed how much you pay. Plus, your employer is picking up part of the cost, making it seem like health insurance costs a lot less than it does.
But when you decide to strike out on your own and become self-employed, it can often be a rude awakening as to how much California medical insurance can cost. However, remember that not being insured will cost a lot more in the event of even a minor accident, illness, or injury. Just one trip to the emergency room, a day or two in the hospital, and a minor surgical procedure can leave you with bills in the tens or even hundreds of thousands of dollars.
So before you head out to work for yourself, it’s a good idea to investigate California health insurance plans. If nothing else, you should know how to budget for insurance in your new life style. For a single person, the US average annual premium for a group insurance plan is $1002, according to the Kaiser family foundation. That same single person will pay over three times as much if they have to buy an individual insurance plan, at an average cost of $3606 per year. The average annual deductible for an individual in a group plan is $675, while the average annual deductible for an individual plan is $2498.
However, with help, you can do better than the averages. Contact the independent insurance agents at Benefit Packages, to see what kind of insurance plans are available in your area. They have 25 years of experience in helping Californians get the available best rates on individual insurance plans.