Longer Unemployment Spells Create Need for Affordable Insurance for Those Out Of Work
North Hollywood, CA (Vocus) December 5, 2008 -- 2insure4less.com a website that helps individuals across the country compare insurance quotes reports that the economic climate and mounting unemployment rate has created a need for affordable interim or long term health insurance for laid off or terminated employees.
Not only are more people losing their jobs during this recession, but it is taking much longer to find a new job. COBRA, which allows eligible former employees to extend health insurance coverage, is sometimes too expensive for the majority of unemployed workers. Those who utilize COBRA may be responsible for up to 102 percent of the plan’s cost. It great for someone who needs health care and is simply waiting for health insurance on a new job to kick in, but it could be a financial strain for someone without a solid job prospect. Plus, not everyone qualifies for COBRA. With longer unemployment spells, workers, especially those with families, are looking for more affordable health insurance options.
Affordable health insurance quotes can be difficult to find when calling health insurance companies one buy one. 2insure4less.com is a service that allows visitors to compare several health insurance quotes using one online form. The health insurance quotes are returned within minutes of filling out the quote request.
Just like any market for products, competition drives prices down. Using a health insurance quotes comparison website like 2insure4less fosters competition among health insurance carriers. “This is a great way for families on a budget to get the best health insurance quotes and rates possible in today’s current financial situation,” explains CEO Eric Oster.
Since 2003, 2insure4less.com has been operating its free quote referral service, allowing insurance shoppers nationwide to find the most competitive insurance quotes (http://www.2insure4less.com) in a variety of insurance lines and annuities. 2insure4Less.com does not sell insurance, but utilizes a competitive bidding system to identify the most economical insurance quotes in the applicant’s state. Consumers use the service to locate auto insurance quotes, life insurance quotes, disability insurance quotes, long term care insurance quotes, health insurance quotes, cancer insurance quotes, burial insurance quotes and insurance quotes of various different types of business insurance products.
2insure4less.com (http://www.2insure4less.com)
6400 Laurel Canyon Blvd, Ste 460
North Hollywood, CA 91606
Phone: 800.647.2164
Fax: 800.647.2142
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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
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