How to Get Health Insurance with No Job

Written by
Rebecca Smith

Published
Nov 20, 2019

Nov 20, 2019 • by Rebecca Smith

As our modern lives get faster and more demanding, it's increasingly important to make sure you're covered in the event of a medical emergency.  There are dozens if not hundreds of health plans out there, designed to take care of your needs when disaster strikes. But how easy is it to get health insurance with no job? Can you realistically expect coverage if you don't have a consistent income?

Join us, in today's article, as we cover three great health coverage options for the unemployed, and let's get you taken care of!

COBRA

Losing your job along with your health benefits can be a complete nightmare. The happy truth is, however, that you may be eligible for COBRA coverage. This will let you continue to receive group health benefits for a limited time on your own steam.

Situations that may warrant COBRA include:

  • unemployment
  • reduced working hours leading to unemployment
  • divorce from an employee who is covered
  • the death of an employee who is covered
  • employees becoming eligible for Medicare

The one potential issue with COBRA as insurance options for unemployed is that members have to pay the total premium. Their previous employer, meanwhile, is responsible for nothing. So you'll have to be ready to pay more, up-front. Group insurance is usually mostly paid for by the employer, but here you'll have to pay 100% of it yourself, every month.

Medicaid or Medicare

Wondering, "how to get insurance without a job"? Depending on your health, family dynamics, and income, you may be eligible for programs like Medicaid or Medicare. This is a popular choice when it comes to health insurance for unemployed members.

Medicare is an option if you are 65 years or older, are younger but have a disability, or struggling with End-Stage Renal Disease. Low-income applicants or people with families to support may be eligible for Medicaid, instead. 

ACA Insurance

For applicants who find themselves between jobs but still making too much per year to qualify for medicare, never fear. The Affordable Care Act, or Obamacare, is still in effect and a perfectly viable option.

This plan can be found on the government marketplace or state health insurance exchange, depending on which state you live in. In order to properly cover the compliance requirements for ACA coverage, your plan will need:

  • Care during and after childbirth
  • Preventive visit
  • Any and all outpatient services and emergency room visits
  • Inpatient treatment
  • Prescription drugs where necessary
  • Mental health and drug use disorder services
  • Laboratory work and service costs
  • Pediatric services, oral and vision care work
  • Rehabilitation services

Looking for health insurance alternatives that aren't on this list? There are tons of great options out there, so happy hunting!

Get Health Insurance With No Job, Today!

Losing your job can already be a complete rollercoaster to have to deal with. Why should you be worried about keeping your health insurance with no income, too? With the right plan, qualifications, and service provider, you can get health insurance with no job and rest easy. 

Interested in learning more about the business world around you? Looking for no-nonsense advice on all aspects of running your own business? Check out some of our other awesome blog content, and let us help you get ahead in everything you do.