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Best Healthcare Options For Unemployed

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Health insurance options for recently unemployed

At SBIS, we have experts ready to assess your needs and provide you with the most up-to-date information on the available programs on the market.

Once you look at all of the options, you can make an informed decision. Its your health, and its your money. A supplemental health insurance plan is an excellent way to protect them both. Call us today.

Free Health Insurance For The Unemployed

If you’re unemployed, you could qualify for free health insurance through Medicaid. The state where you live can affect your eligibility. In order to qualify, you will need to meet your state’s criteria for income, disability or pregnancy. Learn more about Medicaid and CHIP, including what you’ll need to apply.

Medicaid Chip And Insurance Plans Through The Marketplace

When you fill out a Marketplace application, youll find out if you qualify for any of these types of coverage:

  • A Marketplace insurance plan. You may qualify for premium tax credits and savings on deductibles, copayments, and other out-of-pocket costs based on your household size and income. Some people with low incomes may wind up paying very small premiums. Learn about getting lower costs on a Marketplace insurance plan.
  • Medicaid. Medicaid provides coverage to millions of Americans with limited incomes or disabilities. Many states have expanded Medicaid to cover all people below certain income levels. Learn more about Medicaid and how to apply.
  • Childrens Health Insurance Program . CHIP provides coverage for children, and in some states pregnant women, in families with incomes too high for Medicaid but too low to afford private insurance. Learn more about CHIP.

After you finish your Marketplace application, youll get an eligibility determination that tells you what kind of coverage you and others in your household qualify for.

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Best For Budget: Sidecar Health


  • Only available in 16 states

  • Phone assistance is not 24/7

When thinking of health insurance providers, it isn’t surprising if Sidecar Health doesn’t come to mind. This newcomer to the market launched in 2018 with big plans to change the face of health insurance. The Sidecar Health model differs completely from standard health insurance and could save you 40% on healthcare costs, making Sidecar Health our top budget pick.

Sidecar offers three plans: Budget, Standard, and Premiumalong with an option to customize any plan. These are not ACA-compliant, but their website hints an ACA-compliant plan may be coming soon.

With Sidecar Health’s online system, you select the level of coverage you want, then choose your options, such as prescription drugs. Policies are priced around $200 monthly for coverage of $10,000 per year and up to $400 monthly for annual coverage that maxes out at $2 million. Typically, there’s a $0 deductible, although you can opt to pay one to reduce the premium. Coverage starts within 14 days.

You have the freedom to see any doctor or provider, who you’ll pay with your Sidecar Health Visa payment card when you receive care. Because you’re effectively paying in cash, you may also find further discounts.

Sidecar Health isn’t traditional insurance, and you can join them or leave at any time. This is particularly useful when you’re unemployed and don’t know how long you’ll need coverage.

Best For Telehealth: Cigna

Health Insurance Options for Unemployed Workers

All Cigna individual health insurance plans include free access to two of the largest virtual care networks in the United States, making Cigna our choice as best for telehealth.

  • Almost all individual plans include $0 virtual care.

  • Partners with two major telehealth networks

  • $25 monthly copay limit on insulin

  • Offers 24/7 customer service

  • Dental coverage starts at $19 per month.

  • Individual plans available in only 13 states.

  • Policies must begin on the first day of the month.

  • Higher-than-average premiums

Access to telehealth services can be a lifesaver for anyone dealing with unemployment. Virtual care saves you the time and cost of getting to a doctors office, and you also can get remote treatment for some minor ailments without having to pay for an in-person visit. Cigna includes $0 telehealth visits with all of its individual plans through partnerships with MDLive and Amwell, two of the largest telemedicine providers in the United States.

Virtual health visits arent the only advantage to purchasing health insurance from Cigna. In-house customer service is available 24 hours a day to answer questions and provide assistance. The company also places a $25 monthly out-of-pocket cost limit on insulin regardless of your coverage level.

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Healthcare Options For Unemployed Individuals

Once you lose your job, the financial stress is doubled with no access to health benefits previously provided by your employer. With no income, paying for health insurance seems almost impossible. Medical emergencies come out of the blue, and its imperative to have medical insurance at hand to manage such emergencies.

Whether youre employed or not, health insurances give you peace of mind that youd have access to health care in tough times. Fortunately, there are ample options for unemployed Americans to get access to various health programs. Here, well discuss the ways unemployed individuals in the US can avail health benefits without having to break the bank for it.

Best Health Insurance Options For Unemployed Workers

When you’re unemployed you will be faced with a lot of choices when deciding what to pay for and what to cut out of your budget but health insurance shouldnât be one. Itâs hard to find affordable care if you were previously on your employerâs health coverage. Luckily, there are many options for health coverage even for the unemployed from government-backed coverage to alternative options that just cover your basic needs.

One alternative option that might work for many people is to use a basic health coverage provider. Mira offers an affordable option that only costs $49 per month per person and can get you access to urgent care coverage, lab work when you need it, and hundreds of discounts on your prescriptions. You can and get access to coverage the same day.

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A Guide To Affordable Health Insurance For Unemployed Individuals

Weve all been through some tough times, however, being without health insurance in those times should simply not be an option. Theres nothing more stressful than being unemployed and being without health insuranceand this stress is compounded if you have dependents who rely on you. Not only are you between jobs, but you also have the hassle of trying to figure out what youre going to do about health insurance.

ConsumerCoverage is here to help get you covered, even during those tough times. Our insurance partners want to help and have come together in our Consumer Marketplace to compete for your business. Take a few minutes and complete our form. Well then connect you with an agent that provides you with a free quote. Unemployed or not, Weve Got You Covered!

Best For Families: Molina

Christus St. Michael to offer health insurance options for unemployed
  • Only available in 11 states

  • AM Best rating unavailable

  • Some user reviews report issues with claims

Becoming unemployed is incredibly stressful if you also have a family to consider, and health insurance costs can be considerable if you have several dependents. Molina is our best choice for families, as they have economical and cost-saving options, with benefits geared toward pregnancies and children.

Molina offers insurance for individuals and families through Medicaid, Medicare, and the Marketplace. If your income is between 138% to 400% of the federal poverty level, you can use tax credits for Molina plans to reduce the monthly premiums significantly. Plus, no matter how large your family, the deductible is capped at twice the individual deductible.

Molina has excellent family perks, such as wellness and preventative health services, plus child and adolescent shots, pediatric preventative healthcare, and pregnancy care.

A drawback with Molina is their policies are limited to 11 states. You may also need to look for a new doctor who partners with them because of their limited network.

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Who Pays For Coverage

In some cases, employers will pay for coverage for a limited time as part of a severance package. However, your employer is not required to cover your health insurance premiums. In determining COBRA premiums, the plan can include 100% of the costs paid by employees and the employer, plus an additional 2% for administrative costs.

It is important to talk to your employer before you leave, so you know what your coverage options are.

Best Health Insurance Options For The Unemployed

Nearly half of Americans get health insurance through a job, but for everyone else, there are options. From Medicaid to the Marketplace, if youre worried about finding health insurance without a job, rest assured there are relatively affordable plans available.

MoneyGeek has identified the best Marketplace policies to help you understand your options.

Compare Health Insurance Rates

Ensure you’re getting the best rate for your health insurance. Compare quotes from the top insurance companies.

  • Best Health Insurance For The Unemployed
  • On This Page

    If youre unemployed and uninsured, you still have options. Specifically, Medicaid is the government health insurance program designed for low-income people. Eligibility requirements vary by state, but if you qualify, youll have access to comprehensive health insurance at little or no cost.

    If you dont qualify for Medicaid or another type of insurance, you can still find affordable options on the Marketplace. Government subsidies help make these private health insurance plans more affordable.

    In MoneyGeeks analysis, we identified Kaiser Permanente as the best health insurer for unemployed people available on the Marketplace. For people looking for Catastrophic coverage, we picked Anthem because it has the lowest premiums and above-average quality.

    Key Takeaways

    Kaiser Permanente has the highest-rated affordable Marketplace plans and a deep track record of offering high-quality health insurance.

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    How To Shop Around When You Dont Have Health Insurance

    Healthcare options for the unemployed

    If youre out of work and need a health insurance plan, make sure to explore all of your options. You can start with our Whats the Best Health Insurance Option for You?

    If youre shopping for a health insurance provider, you can also use Insure.coms list of the Best Health Insurance Companies to compare and find one that best suits your needs. You can additionally use the Health Insurance Advisor tool to identify what type of health insurance coverage you need.

    Here are some steps to take:

    • Explore your spouses employers health insurance options.
    • Read through your former employers COBRA information and see whether that plan would make sense for your situation.
    • Go to your states ACA marketplace, enter your information and see how much those plans would cost you.
    • See if there are individual health insurance plans not part of the ACA exchanges that might work better for you.
    • Check into a short-term plan if that interests you.
    • Figure out if youre eligible for Medicaid in your state.

    Taking these steps will help put you on the path to getting a health insurance plan that works for you, whether an Obamacare plan or not. Being between jobs can be stressful. However, finding a health plan that bridges your insurance gap until a new employer covers you will relieve some of your stress while youre out of work.

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    What Happens To Your Employer

    If you are laid off from your job, your health insurancecoverage typically ends when your job does. Some employers will extend benefitsto the end of the month in which you are laid off, but this varies from companyto company. Under a federal program known as COBRA, you may keep your currentinsurance, but you must pay the full amount of the premiums and any otherexpenses previously covered by your former employer.

    The cost of keeping your current coverage under COBRA can bequite high. Many individuals find it is more cost-effective to enroll in anunemployed health insurance plan that will offer similar coverage for lessmoney in many cases.

    Health Insurance Options For The Unemployed

    Dont let the worry of not having a job or health insurance eat away at you. Here are the most popular health insurance avenues for people who find themselves without a job.

    • Consolidated Omnibus Budget Reconciliation Act . If you lose your job or your hours get cut, youre eligible for COBRA insurance, which is the continuation of your former employer-sponsored health insurance. These are the important facts to know about COBRA coverage:
    • This insurance is available for companies with over 20 people.
    • You can elect to continue your health insurance however, youll pay both the employer and employee portion, so its costly.
    • Spouses and dependents remain covered however, coverage is limited to health care, not a disability or life insurance.
    • You can remain on COBRA for up to 18 months.
  • Spouse or Parents Employer Coverage. If youre fortunate enough that your spouse has health insurance, you can get added to their coverage just get them to check with HR first. Along the same line, if youre under the age of 26, you can get added to your parents health insurance plan.
  • Special Enrollment Period Marketplace. Thanks to the Affordable Care Act in 2010, if you lose your job, you qualify for a Special Enrollment Period insurance through Marketplace but you have to act quickly as you only have 60-days.
  • There are plenty of benefits associated with getting Marketplace health insurance, such as:

  • Offers free or low-cost health care
  • Provides ACA-compliant coverage
  • No signup required.

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    How Can I Get Individual Health Insurance

    You can get individual health insurance for individuals through a Special Enrollment Period . An SEP gives you 60 days to enroll in a comprehensive health insurance plan for you only, or you and your family after a qualifying life event. You can enroll as soon as your qualifying event occurs. There are several qualifying life events that can make you eligible for an SEP, including:1

    • Job loss
    • Moving to a new ZIP code
    • Loss of employer-sponsored health coverage
    • Becoming a U.S. citizen

    Best With Dental: Ambetter

    About Affordable Health Insurance for the Unemployed : Health Insurance

    Most Ambetter plans can be supplemented with dental insurance starting at just $12 per month, a better deal than any other insurer, and our choice as best with dental.

    • Dental coverage available with most plans for as little as $12

    • Offers a healthy living rewards program

    • Affordable premiums

    • Strict late payment terms

    • Limited to 26 states

    Unemployed individuals often find themselves having to purchase separate dental insurance or forego it entirely. With Ambetter, you can add dental and vision coverage in some states. Coverage is ACA-compliant and can be purchased on the Marketplace. In our test markets, Ambetter was consistently among the three cheapest insurers.

    In addition to low-cost dental coverage, some of the benefits youll enjoy with Ambetter include Virtual Teledoc visits, a 24-hour nurse advice line, and a healthy living rewards program . Through the program, youll be rewarded for positive habits like getting a flu shot and watching educational videos. The rewards you earn have a dollar value that can be put toward your premiums or used to pay for utilities, rent, childcare, and more.

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    What Is A Health Insurance Plan

    Health insurance is a form of insurance coverage that pays for all your medical expenses in the form of prescription drugs, hospitalization, office visit fees, surgical treatment, and so on.

    It helps to learn all you can about health insurance before you commit to a plan, especially if youre buying it on your own. While its no longer required for all Americans to be insured, some states will charge a penalty if youre uninsured, so check your state laws to see if that applies.

    According to the federal government, here are 10 essential benefits that a typical insurance plan includes:

    • Ambulatory patient services
    • Parents or spouses health insurance plan

    Heres a rundown of each of these unemployment health insurance options.

    Policy Basics: Introduction To Medicaid

    Apr 14, 2020 Created in 1965, Medicaid is a public insurance program that provides health coverage to low-income families and individuals,

    This report presents tabulations of the interrelationship between health insurance coverage for children and parental employment, using data from the Survey

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    How Does Cobra Insurance Work If I Leave My Job

    COBRA will continue the same insurance policy you have through your employer. Any expenses for the plans deductible will be carried over to the COBRA plan after you leave.

    However, the amount you pay for health insurance will increase because your employer is not contributing to the monthly cost of the plan. On average, COBRA costs $532 per month.

    What Are The Best Ways For The Unemployed To Get Health Insurance

    Health Insurance Assistance for the Unemployed

    When youre unemployed, you do not need to go without health insurance. You have options, like private health insurance and government-backed health insurance. Those under 26 have the opportunity to get coverage through a parent’s health insurance provider. If you have a spouse with health care, they can add you to their plan.

    Health Insurance Options When Youre Unemployed

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    What Is The Cheapest Health Insurance

    Short-term and catastrophic coverage plans are usually the cheapest health insurance options for anyone who recently has lost their job. However, there are downsides to both. Short-term coverage lasts only for up to one year and is banned or restricted in some states. Youll need to be younger than 30 years old or meet low-income requirements to qualify for catastrophic coverage, and even if you do, those low premiums come at the expense of high deductibles.

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