Recession Survival Guide: Help For Health Care Loss

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There are several options for people looking to replace health care coverage.

There are several options for people looking to replace health care coverage.

By Brian Allen

Tonight in our recession survival guide...we take a look at what resources are available for people who have lost their health care.

While jobless numbers continue to spike, the overall health of the nation is at stake...literally. Troy Oechsner is the Deputy Superintendent for Health for New York State. "If you don't have insurance you don't go to the doctor as often if you don't go the doctor, a little problem can mushroom into a big problem and become very expensive and your overall health is worse if you don't have insurance."

More than 11 million americans have not only lost their jobs... but their health insurance. "i understand putting bread on the table or paying your mortgage if you have to make those are tough choices having said that if you do take the gamble and you lose you end up in the hospital with a big bill it could end up being devastating."

So what are your options? "You basically have 2 options you can either pay for it yourself or qualify for a public program that will pay for it for you. COBRA is one option, but it can be costly and qualifying depends on your previous insurance status. Under that program you are allowed to continue on with your employers coverage but you pay the full premium instead of your employer."

You can also purchase non-group coverage directly. "They generally tend to be high so if you are going to go out and buy insurance on your own its going to be expensive."

There's a chance you can qualify for public coverage through medicaid or the State Children's Health Insurance program or SCHIP. "If you meet the income qualifications it's a very good rich set of benefits very low or no co-payments of deductibles."

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