Everything You Need to Know about Personal Health Policy

If you are someone that is concerned about the health of self, family member or relative, then you will be interested in getting to know about individual health policy.

While you go about your daily life hustle and bustle, it is very important to consider your personal health. This is as important as taking your job or business seriously. Having this in mind, you will appreciate some good information that will guide you through.

In this article, we walk you through what you need to know about personal health policy – what it is, why it matters, and also look at how you can create a successfully one.

So, what is individual health insurance policy and why do you need it? Let’s go through the next sections together. You’ll be glad you followed this article to the end.

What is personal health?

Before we go into health policies that concern an individual, it’s a good idea to understand the concept of personal health.

So, what is personal health?

In basic terms, personal health deals with how you take care of your own self by making health conscious decisions.  From this definition, you should take note that it covers more than just your physical health.

Personal health encompasses such aspects like your mental wellbeing, emotional intellect, as well as the social, economic, and spiritual aspects of your life.

With this in mind, you will reason with us that the issue of personal health is one that should be taken more serious than anything else in an individual’s life.

Now, that you know what personal health is, let us take the next section and explore what personal health policy is.

What is personal health policy?

Personal health policy, also known as individual health policy, is an insurance plan you purchase for yourself or a family member. For this type of policy, you don’t need to wait for your employer to sign up for you. Instead, you make the purchase by yourself.

This policy is good in the sense that it helps you take care of your medical bills, or that of your immediate family member when the need arises.

Note that you will need to pay a certain insurance premium in order to access your health cover.

Who is personal health policy meant for?

Yes, this is an important question that concerns individual health policy matters. So, who needs personal health policy?

Here’s the answer.

If you happen to be an individual that is not under any government or employer related health coverage, then your best option is to get it by yourself.

Mostly, people who are employed enjoy the benefit of getting their employers sign them up for a particular insurance coverage. Similarly, government employees enjoy coverage from government-run programs as well.

Generally, people that need this kind of policy are those that fall under the following categories:

  • People who are self-employed
  • Unemployed people
  • People who are employed by small businesses
  • People who retire before they are eligible for government-run insurance policies
  • People residing in rural and sub-urban areas

Why personal health policy matters

Your health is the most valuable possession that you have. As a result, you need personal health policy in order to protect it. In other words, personal health policy matters because it provides you with a roadmap to follow on your journey to a healthier life.

Personal health policy provides you with the directions you need to follow to ensure make the right choices and decisions concerning your well-being.

How much does personal health insurance cost?

Having known this much about personal health coverage, your next question might be related to the cost associated with it.

What you need to note is that the premium paid for an individual insurance varies. There are so many factors that determine that.

Some of the factors that determine how much you will spend on monthly premiums include age, zip code, and the health insurance company you are signing up for. There are other salient but equally important issues like whether you use tobacco or not.

However, your gender or medical history does not necessarily affect the amount of premium you are to pay.

On the average, you will be expected to pay about $575 every month as full-price premium. However, most people don’t pay the full-price premium as there are subsidies from either employees or the government.

Also, you will want to sign up for short-term insurance policies which cost way less than the full-price premiums.

The important components of personal health policy

For a healthier and well-balanced life, there are things you need to consider. Here are a few that we have gathered for you:

Health Insurance

This is very important when it concerns your personal health policy. With a health insurance, you are sure to take care of your medical bills anytime the need arises.

The importance of personal health insurance cannot be over-emphasized. Think of situations when you o an immediate family member will fall ill and the economy is not really smiling at you. In this kind of scenario, health insurance plays a very vital role and you will thank it for.

Sign up for wellness programs

Yes, wellness programs show how proactive you are about your health. What is good about these programs is that they guide you towards attaining a healthy life.

You will be able to get guides on good healthy habits. Some of these habits include regular exercise and healthy nutrition.

Hence, wellness programs also significantly contribute to your personal health growth.

Preventive care

You will be able to detect any health issue early by taking regular medical checks, vaccinations, and medical screenings. This is called preventive care. It is a very good step towards your personal wellbeing.

Emergency preparedness

Any policy plan that you sign up for should make plan for handling medical emergencies. This means the having the right contacts, information, and resources needed at your fingertips.


Your health is your wealth. Yes, this is true. There is no second guessing about this.

If you’ve ever heard the saying “your health is your wealth” (which we believe you have), then you will understand the need of having a personal health policy in place.

Health emergencies can occur at any time, and that is why you need to make plans ahead of time. So, if you want to maintain your greatest wealth, you need a well-structured personal health policy in place.

We believe this guide has been very resourceful on your plans towards ensuring a healthy life. Don’t forget that your health is your wealth, and hence needs to be taken seriously.