Individual Health Insurance

Request Your Financial Health Scorecard Today

*Do It Yourself Assessment*




Individual Health Insurance

Simply put, medical insurance is protection against medical costs. A medical insurance owner is a contract between an insurer & an individual or group, in which the insurer agrees to provide specified medical insurance at an agreed-upon cost (the premium). Depending on your owner, your premium may be payable either in a lump sum or in installments.

 Medical insurance usually provides either direct payment or reimbursement for expenses associated with illnesses & injuries. The cost & range of protection provided by your medical insurance will be contingent on your insurance provider & the particular owner you buy. If your employer does not offer a medical insurance plan, you may need to buy medical insurance by yourself.

Why You Ought to Buy Your Own Health Insurance Owner

For years, Americans expected their medical insurance to be provided by their employers. Health coverage came standard with most jobs, & plenty of people seldom worried about paying their doctor & hospital bills.

Those days are gone. Today, the rising cost of healthcare means that most companies cannot afford to offer coverage. & now increasingly people are taking a look at individual medical insurance.

Plenty of people think that individual health coverage is more expensive that group health coverage. & plenty of people think it is hard to find individual coverage that offers comprehensive health protection

Individual Health Makes More Sense

The reality is that individual medical insurance offers several advantages over group medical insurance. Sure, it’d be lovely if your boss paid ever last dime of your health premium – but that is getting rarer & rarer. Employers keep shifting more costs onto their employee’s shoulders. For plenty of American workers, every few months means a bigger chunk of their paycheck going to pay for their “employer-sponsored” insurance owner. & plenty of workers are finding that these insurance policies leave plenty to be desired.

Want to learn more? Call us today! 903-533-8585

Tyler Office  |  1828 East Southeast Loop 323, Suite 200, Tyler, TX 75701-8340  |  Mon-Fri: 8:00 AM - 5:00 PM  |  Sat-Sun: By Appointment

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Some of this material was developed and produced by Advisor Launchpad to provide information on a topic that may be of interest. Advisor Launchpad is not affiliated with the named representative, broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

Securities and investment advisory services offered through Lion Street Financial, LLC., member FINRA/SIPC. Fixed and traditional insurance offered through Feliciano Financial Group (FFG). Medicaid planning and consulting offered through Geriatric Care Solutions (GCS). FFG and GCS are not affiliated with Lion Street Financial, LLC.

This site is published for residents of the United States only. Registered Representatives and Investment Adviser Representatives of Lion Street Financial, LLC and Lion Street Advisors, LLC respectively, may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed.

DOL ERISA: Effective June 9, 2017, all individuals who provide advice to retirement plans, including Individual Retirement Accounts (IRAs), must abide by the fiduciary standard.  What does the fiduciary standard mean?  This means that your advisor must put your interests first before their own or that of the firm, make prudent recommendations, charge reasonable compensation and make no misrepresentations to you regarding recommended investments.  The recommendations made by your advisor must be based upon your specific investment needs and objectives.  The fiduciary standard is applicable to any recommendations that your advisor makes to you, the client, for your retirement account.  Please note the firm does have policies and procedures in place to monitor this level of fiduciary responsibility for our clients.

Check the background of your financial professional on FINRA's BrokerCheck