Texas Health InsuranceIndividuals and Families

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Texas Health Insurance
How to find an affordable plan.

In Texas, Health insurance is a system that allows policy holders and insurance companies to spread the risks associated with injury and illness in order to limit the financial hardship they create. The sheer amount options available to Texas residents looking for affordable health insurance coverage can be intimidating. The following tips will make your choice much easier.

Consider the limitations imposed by your health history first. If your health is poor or you have preexisting conditions that make you uninsurable, the Texas Health Insurance Risk Pool may be your only option for getting coverage. You will need to provide proof that you've been turned down for coverage before applying. Another option for those who are uninsurable or have expensive preexisting conditions is group coverage. You can get group coverage through unions, employers and some fraternal organizations. Expectant mothers should remember that a pregnancy is considered a preexisting condition and can make individual coverage too expensive. For them, Texas' CHIP Perinatal Coverage or Nurse-Family Partnership programs could be worth looking into.

Leading Texas Health Insurance Companies

Aetna of Texas: For people looking for comprehensive health and medical insurance at inexpensive rates in Texas, one should look no further than Aetna.

Blue Cross and Blue Shield of Texas: Blue Cross and Blue Shield of Texas (BCBSTX) has been providing Texans with exceptional and affordable health insurance coverage that they can rely on when they need it most for more than 80 years.

HumanaOne of Texas: The cornerstones of the affordable health insurance provided by Humana One of Texas are variety and portability.

Individual Health Insurance Cost Factors

Age plays an important role in your choice of a health insurance plan. Medicare takes a lot of question out of finding coverage, if you're old enough to qualify. If you do qualify for Medicare, you'll need Medigap coverage. Medigap coverage will bridge any gaps in Medicare coverage. Medigap can help you pay for deductibles, co-pays, alternative healing, and other expenses not covered by Medicare.

Another consideration involves dependents. If covering dependents outside of a group plan, find out if it will be more cost effective to cover them on their own individual policy. Your policy's deductible will have a big impact on the affordability of your policy. Policies with higher deductibles are generally less expensive, but they will have more out of pocket expenses. If you think you won't need to use your insurance that often, then it could be worthwhile to set high deductibles. In order to offset the higher out of pocket expense, you can open an HSA funded with pretax dollars. These contributions can cover your deductibles while giving you a tax savings advantage.

The final consideration when choosing a health insurance plan in Texas is deciding how often to pay your premium. Premiums can be paid annually, semi-annually, quarterly or monthly. It is generally best to pay your policy annually. The more payments you make in a year, the more opportunity for your policy to lapse. Once a policy has lapsed, your health will have to be reassessed before the insurance company will reinstate the coverage. Any illness or chronic injury that has occurred since you took the policy out will not be considered a liability and could have a detrimental effect on your ability to get the policy reinstated. Your insurance company may also have an electronic billing option, allowing you further safeguard against lapsing.

Health Insurance Exchanges in Texas

To learn more about the benefits of the Health Insurance Exchange in your state, click here

Resources and information

Texas Medicare Plans

Seniors age 65 and older are eligible for a variety of Medicare plans in Ohio.  Medicare plan options include Medigap and Medicare Advantage policies:

Texas Doctor Directory

Doctors practicing medicine in the State of Texas are licensed by the state. Doctors accept different forms of health insurance which you can verify before setting an appointment.

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