Tuesday, November 2, 2010

health insurance?

im a 19 year old college student and I want to know where I can apply for free health insurance. I have no parents and I live on my own. I tried to apply for medicaid but I don't qualify because you have to be pregnant or have a child. does anyone know of anything I can do. I want health insurance manily because I need new glasses (if that matters)
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There is no such thing as free health insurance. Health insurance provided by an employer is not free; it is paid for by the employer and, ultimately, by the customers who keep the employer in business. Government health care is not free; it is paid for by the tax payers. Why should health insurance be free, anyway? Do you think groceries should be free? iPods? Gasoline? At your age, assuming you are in good health, you might consider getting a qualified High Deductible Health Plan. The deductible—the amount you pay for medicine, office visits, and the like—is high, so the premiums are low. In addition, you can pay your deductibles with pre-tax dollars out of a Health Savings Account (HSA). This will almost double your buying power, since half your check is taken by the government before you even see it: 9.3% in state income tax (California), 28% in federal income tax, and 7.65% in Federal Insurance Contributions Act (FICA) tax—a combined rate of 44.9%. You can shelter up to $2,850 for per year from state and federal taxes in your HSA. The money in the HSA account is yours to keep. The funds are not taxed, as long as you use them to pay medical expenses or withdraw them after age 65. The funds earn interest on a tax-deferred basis. Think of it as an IRA that you can use to pay medical expenses. To find a qualified plan, speak with a health insurance broker. A broker works with several insurers and can find the best plan, rates and coverage. To find a broker, log on to a website like http://www.healthinsurancewiz.com and fill out a form requesting a free quote. Your information will be sent to a broker in your area who will contact you. Good luck!
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