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Individual Policies In the US , individual health insurance policies are available to those that do not qualify for any group or government benefits. These typically offer "catastrophic" coverage and have high deductibles of $2,500 or more. This means, you pay for the first $2,500 of your medical expenses until your policy kicks in (and excludes prescriptions, vision and dental). This can be quite shocking for most Canadians, however, when you calculate the lower taxes and lower medical insurance premiums you pay in the US , you typically come out ahead. The problem with an individual policy is if you have a "pre-existing" condition, there may be a "rider" on your policy excluding it, or you may not be underwritten at all. If there is an exclusion, any illness that occurs may have the insurance company trying to blame it on your pre-existing condition so they do not have to pay benefits. You have to understand that the health insurance companies are in business to make money (and they make millions!) They try to offer insurance to those they believe on average they can make money from. There are health insurance companies that will offer individual health insurance policies at reasonable rates to those making the transition to the US , including those with some pre-existing conditions! Of course, it depends on your individual circumstances and financial situation to determine the best company and policy for you and your family's needs.
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