Can anyone recommend a good company for self insured medical?

Question

I need to get catastrophic coverage and don't know too much about it. Any recommendations are appreciated.

Answer 1

All health insurance companies offer high deductible health plans in conjunction with Health Savings Accounts.

If you are healthy using an HSA is a great tax advantaged way to develop a "self insured" fund that can be used to pay for that high deductible and other routine medical costs.

Answer 2

Self insured isn't catastrophic.  Catastrophic is basically a regular health insurance plan, with a really high deductible - like $5,000 or $10,000.

Your local agent is the best place to go for something like this.  It IS medically underwritten, you'll have an application to fill out, etc.

Answer 3

Depending on your age and what state you live in, I have found that Aetna offers good health insurance coverage at an affordable price for 20-30 somethings.  Above that United Healthcare and American Community offer reasonable rates for high deductible health plans.

An HSA is a viable alternative to a traditional plan as previously mentioned.

You can view health insurance quotes at our site:

http://www.ohioinsureplan.com/index.php/...

Answer 4

Actually catastrophic plans are either limited benefit plans OR by definition they technically tack on additional benefit to an existing plan.

Getting a "regular" major medical plan or an HSA with a higher deductible as was mentioned is a better route to travel.

Jeff