At 20 years old, if you are healthy you are probably getting some of the lowest health insurance rates you will ever have. As you get older, your premiums will increase because the possibility of needing medical attention will increase. That does not mean you shouldn't buy health insurance now, it simply means that the rates for someone in your age bracket are among the lowest health insurance rates you can get.

Without a job, your choices are a lot more limited. You can purchase an individual policy, pick up a group health policy through an organization you belong to, or try to qualify for Medicaid. Try checking with any clubs or organizations you belong to first, such as Sam's Club or AAA. Many public clubs and organizations use the power of membership to secure top name health insurance for people who would otherwise be faced with purchasing an individual policy.

Individual, or private, insurance is a lot more expensive than purchasing group coverage. You will also have to pass a medical exam, and many [private insurers will not underwrite a policy for people suffering from asthma, diabetes or numerous other preexisting conditions. And since you don't have a job, being able to pay the premiums on a private health insurance plan is probably out of the question.

However, if you still live in your parents' home, or are attending college, you can remain on your parents' health insurance until you reach the age of 26. That would allow you to keep the insurance coverage while you are looking for employment, and your new employer may offer group health insurance. By 2014, all companies with 25 employees or more will be required to offer access to health insurance, and that will solve your problems.