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With over 76 years of experience, The Jordan Insurance Group is an industry leader in Life Insurance strategies and Employee Benefits. We strive for excellence through our due diligence in selecting products to satisfy our clients’ needs with proven benefit designs and tax strategies. Our Team utilizes a diversified multi-level approach in preserving, protecting and growing wealth for our business and individual clients.

The Benefits of Individual Health Insurance

William Jordan William Jordan , 7/24/2015
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Over the past few years, many employers have found it more and more difficult to cope with rising health insurance expenses. Still yet, though, the ACA mandates that employers with 50 or more full-time employees provide The Jordan Insurance Group, MD, ACAhealth insurance to their workers. And while employee-paid insurance plans are of the utmost value, coverage is sometimes lacking, and when an employee switches employers, the health insurance is lost. Fortunately, individual health plans are available. These plans can be purchased by a worker, and the employer may or may not pay for a portion of the premiums. With group health rates, these plans tend to be less expensive. And best of all, the policies don't cease if a policyholder chooses to switch employers. Having health insurance is of the utmost value because it can save you thousands of dollars each year in medical expenses. Also, new laws mandate that you have coverage, and if you don't, you have to pay a penalty. So basically, you can either pay for coverage -- or your employer might pay for it -- or you'll have to pay the penalty and not have coverage. As you can see, it's wise to purchase coverage, have benefits, and not have to pay a penalty. The best policy for you may not be the best policy for everyone else you work with. This is why it's advised to consider all of your options. You may even find that a more affordable yet more comprehensive plan is available. As with all types of insurance, the best way to choose a policy is by speaking with a reputable insurance agent in your area.