Skip To Content

    Helpful Tips For Anyone Who Doesn't Understand Health Insurance

    Think of this as Adulting 101: "WTF is Coinsurance?" Edition

    Health insurance is one of those things that probably should have been taught in high school. Because unlike the quadratic formula, it can actually save your ass if something happens to it.

    Here's a quick rundown of what we'll cover:

    1. Employer-sponsored health insurance

    2. Individual insurance through the Health Insurance Marketplace

    3. Individual insurance through a private insurance company or broker

    4. Student health insurance

    5. Medicaid

    First, think about how often you go to the doctor, get prescriptions, or do something that lands you in the ER.

    Next, consider how much you can afford to spend on health insurance each month, and how risk-averse you are.

    Then think about what doctors you typically see, and if they'll be covered under this insurance plan.

    There is no "best" plan. It's all about what works for your needs.

    Keep in mind that there's a hefty fee for not having health insurance.

    BUT WAIT — isn't the Affordable Care Act being repealed/replaced/amended per President-elect Donald Trump?

    Still have questions? Of course you do — this is complicated stuff. Here are some places to go for help: