Alaska Temporary Health Insurance in Alaska

Alaska Temporary Health Insurance Plans

Alaska has a population of over 660,000 people, 80 percent of which have health insurance coverage. The average cost of health insurance for people who are employed is $814 and people who find no financial assistance with their health insurance cost are paying much more. Temporary health insurance in Alaska serves as short-time health protection from illness, accidents, maternity, and major medical needs for people looking for health insurance coverage with the lowest possible cost. This may be difficult to find since it’s a known fact that individual health insurance plan costs a lot more than group health insurance.

Getting Temporary Health Insurance in Alaska

There are several types of temporary health insurance in Alaska made available for people who are waiting for their employer’s group health insurance in most cases. Alaska health insurance companies provide various options depending on a person’s budget and health needs. Here are some temporary health insurance types and a few health insurance companies in Alaska that offer them.

§Major medical insurance or traditional health insurance involves a coinsurance and a deductible. The insured is responsible for paying 20 percent of the medical service cost covered by the heath insurance. He can either have the full medical cost paid in full and request for a reimbursement from the insurance company or have the insurance company directly pay its 80 percent and just pay for the remainder.
§HMO or Health Maintenance Organization has a network of affiliate medical service providers where the insured is restricted to getting service from.
§PPO or Preferred Provider Organization works like HMO with the exception that the insured has the option to go outside of the network.
§POS or Point of Service health insurance plan provides the insured of a primary physician who manages his medical needs, including the doctors that the insured needs to go to.

The following health insurance companies in Alaska offer these health insurance types:

Anchorage, Alaska
§Consolidated Omnibus Budget Reconciliation Act
§Alaskan Benefit Insurance Consultants
§Liberty Northwest Insurance Corporation (Liberty Northwest Insurance Corporation)

Fairbanks, Alaska
§Willis Of Alaska Inc
§Aetna Health Of California, Inc (Aetna)
§Bill Bolton Insurance Service

Wasilla, Alaska
§Wells Fargo Insurance Services
§Acordia Of Alaska Incorporated

Soldotna, Alaska
§Horace Mann Insurance Co (Horace Mann Insurance Co)
§Wells Fargo Insurance (Wells Fargo)Fargo

Palmer, Alaska
§Combs Insurance Agency
§Pippel Insurance Agency Inc

Alternative Options

Making health insurance quote comparison may not be enough to determine which type of temporary health insurance to get and what health insurance company to get it from. If the reason for finding health insurance is one of the following, you might just want to take a look at some of the alternative options offered to residents of Alaska:

§People who recently lost their employer-provided health insurance
§People in between jobs
§People who had a recent change in their dependent status, making them unqualified for the group health insurance they were with
§And people who have a pre-existing health condition and is on a limited budget

Having a pre-existing health condition is the biggest challenge for someone looking for a temporary health insurance. It is also the main reason why having health insurance coverage is a must. Health insurance companies would tend to either charge a high deductible or a very expensive premium to someone with this health condition. But the state of Alaska provides people with options to still have the health insurance coverage they need.

Alaska has risk pool. This is a state-funded health insurance program that helps people who qualifies for the program get their health insurance for the lowest cost possible. It works with private health insurance companies in providing health insurance coverage to people who are commonly classified as “uninsurable.” These are the people who are considered to be of high risk by most insurance companies, people who have pre-existing health conditions.

COBRA or the Consolidated Omnibus Budget Reconciliation Act applies in the state of Alaska. This is a federal law that allows people to get temporary health insurance in Alaska through their previous group health insurance coverage.

§For an individual who recently lost his job and his health insurance coverage with it, he will be notified by his previous employer on whether he opts to keep his health insurance coverage or not. He can keep the same coverage and still have his dependents covered with the health insurance. But since the employer will no longer be responsible in paying for a fraction of the health insurance cost, the person may need to pay for a very expensive premium. This mostly benefits people who have acquired a serious illness during the coverage of his health insurance and is worried that he may not be able to get a new health insurance plan from a new health insurance company with his condition.
§For the person who lost his dependent status, COBRA also gives you the opportunity to seek for a new health insurance plan and still be covered with your previous health insurance. This applies for the newly graduate looking for employment, divorced, legally separated, and widowed.