When I decided to leave my full-time job, one of my main concerns is that I will lose my health insurance coverage. I inquired with one of the best known health provider in the country and I was happy to learn that individuals (self-employed, etc.) can avail of health plans as well, although I would have to pay one time for the whole year. That’s fine by me, but I got so caught up with my work that 6 months into being a full-time freelancer, I still haven’t find the time to go to their office to process my application. I still think it’s one of the most important things I should focus on completing next.
For what it’s worth, I opened another savings account with my bank because they have this Save-Up system wherein you’ll set a specific amount to transfer from your main savings account at specific points in a month (your choice), then you can watch your savings grow while you’re assured of a life insurance coverage that will give you up to four times of your current balance in case of, well, unfortunate circumstances. As long as I can keep myself from transferring back what I’ve already set as “savings,” then I think this will work really well.
Funny how I never used to think about these things and now I’m actually reading up on my options, like in Wholesaleinsurance.net. There’s even this health insurance that’s tailored specifically for women—and your choices of plans will depend on whether you intend to have children or if you think that you won’t then there are other coverage options—that my friend is telling me about. I intend to look at it as well, soon I hope.
I inquired with Medicard, mordsith. They gave me a rates table, etc., di ko pa lang naasikaso. One reason why it was easier for me to decide to give up my health plan with our old work is that my mom’s now under my sis’ Medicard. My papa’s not qualified na bec of age. So yung sa kin na lang talaga iniisip ko
the savings is called BPI Direct Save-Up. I thought it’s a good idea nga, esp kasi higher ang interest rate nya than normal savings, although sa ngayon di ko pa nararamdaman yun, hehe
Posted by zarine at May 12, 2011, 9:36 pmAll comments are moderated. Your comments will not appear here unless approved by the blog owner. Thank you.
we’ve got the same concern! though it’s near impossible that i can get health coverage for parents who had serious illness..
that saving plan you have now, reminds me of coop back in our old work. =) it’s a good idea!
Posted by mordsith at May 12, 2011, 3:30 pm