Frequently Asked Questions

Who needs individual coverage?
Individual medical coverage is great fro anyone who is uninsured or unhappy with their current health plan. More specifically, the policies we offer are great for those who are:

• Self-employed
• Between jobs
• Currently utilizing COBRA (an individual plan is often less expensive than staying on your old plan)
• On a spouse's health plan, but are paying expensive premiums

What does it cost to use an insurance broker?
As mentioned above, rates for individual health plans will be the same regardless of where you purchase it from. If using a broker is free, you might as well let us shop for the right plan to fit you, and be your resource for keeping up to date on developments in the health care industry

What is an HSA Plan?
Health Savings Accounts are a new option for health insurance and they have two parts. The first part is a health insurance policy that covers large hospital bills. The second part of the Health Savings Account is an investment account or retirement account from which you can withdraw money tax-free for medical care. Otherwise, the money accumulates with tax-free interest until retirement, when you can withdraw for any purpose and pay normal income taxes.

If I apply for an insurance plan, am I obligated to buy?
No. You are under no obligation to buy a health insurance plan when using our site. After submitting your application you may cancel it at any time during the underwriting process.

What is a deductible?
A "deductible" is a specific dollar amount that your health insurance company may require that you pay out-of-pocket each year before your health insurance plan begins to make payments for claims. Not all health insurance plans require a deductible.

What is coinsurance?
Coinsurance is the term used by health insurance companies to refer to the amount that you are required to pay for a medical claim, apart from any co-payments or deductible. For example, if your health insurance plan has a 20% coinsurance requirement (and does not have any additional co-payment or deductible requirements), then a $100 medical bill would cost you $20, and the insurance company would pay the remaining $80.

Need Help Choosing A Plan?

We can help you find the best health plan to fit your needs. Complete the form and a Spokane Health Insurance representative will contact you with personalized options.