A Maryland Health Insurance Misstep Laid-Off Workers Must Avoid

With thousands of employees losing their jobs everyday along with their Maryland group health insurance, people are bracing themselves for tough times ahead. One of the biggest concerns for laid-off workers is the lack of health coverage for them and their families. The last thing an out-of-work person needs is exorbitant medical bills as icing on the cake.

If you were recently laid-off and are worried about Maryland health insurance options, don’t make the mistake of running to the doctor and performing every test imaginable just to ensure you are “getting what you paid for”. Acting frantically in an effort to make sure you get the value from your current Maryland health insurance plan could wind up being one of the worst decisions you make. Revealing previously undiagnosed medical conditions right before termination of group coverage could leave you in a situation where you’re unable to obtain individual health insurance Maryland.

Ailments discovered during this period will be considered as pre-existing conditions when you apply for Maryland health plans. Depending on what’s found in your office visits, you could end up paying more for your coverage, having an exclusion rider and worse yet, not being able to get coverage at all! In the end, while you may have “maximized” the value of your initial plan, you ultimately hurt yourself thus making your search for Maryland health insurance, much more difficult. 

The best thing to do at this time is to try to be sensible about using your current Maryland health insurance, and act no differently than you normally would. If you are expecting to get a new job in the next few months, perhaps wait until then before scheduling additional visits. If that is the case, then you should talk to a broker about obtaining a short term health insurance plan.

If you were recently let-go from work, the first thing you should do is look into COBRA and find out what your rate is should you elect to take COBRA. If COBRA is not affordable which is often the case, then you’re definitely going to need a new Maryland health insurance plan. If you’re going to be needing coverage for longer than 12 months, then  you need regular, run of the mill individual health insurance Maryland. If shopping for less than 12 months, you will want to obtain short term health insurance Maryland. Whichever boat you may fall in, please use the resources on this website to your advantage. You may view a side by side Maryland health insurance comparison by using the link on the right hand side of any page, or simply call us at (866) 260-9829.