Health insurance tips for young adults

Health insurance tips for young adult Here are a few tips for young adults shopping for health insurance: Consider your needs: If you are relatively healthy, you may be able to save money by opting for a plan with a higher deductible. On the other hand, if you have preexisting conditions or take regular medications, you may want to consider a plan with a lower deductible and higher premiums. Shop around: It's a good idea to compare plans from multiple insurance carriers to find the one that best fits your needs and budget. Be sure to consider the premiums, deductibles, copays, and out-of-pocket maximums for each plan. Take advantage of subsidies: If you are under the age of 30, you may be eligible for a catastrophic plan, which has lower premiums but higher deductibles. If you are between the ages of 30 and 65 and have a low income, you may be eligible for subsidies to help reduce the cost of your premiums. Look for discounts: Some insurance carriers offer discounts to young adults who…