There’s a big difference between having a co-pay plan with an employer and having to put money out of one’s own pocket for medical expenses.
Not a lot of people really understand the differences between a co-pay situation and a no pay situation. The co-pay is an arrangement with an employer to pick up part of the doctor’s bill after a visit. This is actually a “benefit” not insurance, although many people think it is insurance. In any other circumstances, meaning not having a co-pay arrangement through an employer, the person will be paying the doctor’s office fees themselves.
If you leave the company you work for and you had co-pay benefits, then you will now have to get your own health insurance. Someone who has been used to having that nice co-pay benefit figures they only have to call an insurance company and ask for that insurance. Granted it is a type of insurance people may get, however the deductibles are staggering for an individual, as this is usually something a large company offers to workers.
If you’re used to the co-pay arrangement and would like to stick with that kind of arrangement, talk to your local insurance agent and find out what suits your needs and your special circumstances. If your insurance company is worth its weight in gold, they will take the time to walk you through the various other alternatives you might want to consider. This is one of the main reasons why it makes sense to stick with local health insurance agents, because they know the lay of the land.
It’s difficult to change from insurance that you are used to and find something similar to what you had when you were employed. Many people find themselves kind of stuck when they expect one thing and wind up not being able to get it, or be able to afford it. If you take the time to talk to a local health insurance agent, they will be able to assist you in choosing something that will work for your new situation.