• True Cost of Heal..
  • Medical savings h..
  • Choosing the righ..

True Cost of Health Insurance

For some people, health insurance is something that they have always had, either through their parents as they grew up or through an employer-sponsored program as an adult. However, for millions of people in the U.S., health insurance is a luxury that they simply do not have or cannot afford. 

According to the U.S. Centers for Disease Control, approximately 48 million individuals under the age of 65 are without health insurance and almost 8 percent of children under the age of 18 are without insurance as well.

Costs of Health Care 

The potential cost of being without health care insurance can be startling and even financially devastating. For example, a simple MRI ranges in cost from $2,000 to $3,700. Kidney stone removal costs anywhere between $14,300 and $18,000. Even a basic x-ray can cost $200 and up. 

Note that these costs do not factor in associated costs, such as lab fees, doctor fees, anesthesia fees, hospital care costs, blood tests or any other costs. For those who do not have health insurance, even a simple visit to the emergency room with a basic injury could end up costing thousands of dollars. 

The need for health care insurance may seem obvious but for many individuals, the issue is not that simple. Many health care insurance companies will deny coverage if the individual has a pre-existing health condition, which can include anything from acne or asthma to more serious problems such as heart disease, cancer or high blood pressure. 

Some health care insurance providers will accept an individual with a pre-existing condition but require a lengthy wait before coverage can go into effect, sometimes between one and two years. 

Pre-Existing Condition Insurance Plan 

The Obama administration recently passed the Pre-Existing Condition Insurance Plan (PCIP) as part of a sweeping health care reform bill. Under the PCIP, individuals previously denied health insurance due to a pre-existing health care condition or those who have been uninsured for at least six months will be eligible for health care insurance coverage. 

However, the PCIP is not slated to go into effect fully until 2014, which means that millions of Americans remain without health care insurance. 

Guaranteed Issue Health Care Insurance 

For those who are in this situation and have struggled to obtain health care insurance, guaranteed issue health insurance is a viable option that can help relieve some of the burden. 

Guaranteed issue health insurance is an insurance plan that includes automatic admission into the insurance plan, regardless of pre-existing conditions or previous denial into other health care plans. Guaranteed health care plans include coverage for standard care, including doctor visits, emergency room visits, x-rays, prescriptions, surgery costs and fees, hospital fees, blood tests and more. 

The program works as a PPO, allowing members to select care from doctors and hospitals within a network list. In addition, the plan does not require a waiting period for those with pre-existing conditions. 

While the health insurance landscape may be changing in 2014 with the Pre-Existing Condition Insurance Plan, many people cannot wait that long to go without insurance and need to find a viable option immediately to help them cover the cost of their health care expenses. Guaranteed issue health care insurance can provide that assistance when individuals need it most.

Medical savings health plan

Savings on Medical Health Plans

Though there are several health insurance plans or health card options available in the market these days, not every plan provides you a complete coverage. Majority of the insurance plans provide limited indemnity, which covers only 50% of the expenses. But with the increase in the rates of drugs and other essentials, you may not be able to afford even the remaining 50% of your medical expenses, which may include your drug bills, hospital expenses, the required test strips and syringe for your diabetic test, etc.

Savings on Medical Plans

A good medical savings health plan, when combined with the conventional guaranteed health insurance, could really be a boon for you. Such a plan would certainly keep your expenses for prescription drugs and doctor’s visits within affordable limits.

The Best Health Plan

It is easy for you to pick the right medical health plan when you understand what really a best health plan would offer you. Here are some pointers to keep in mind:

  • Coupled with a medical insurance plan, the best health plan can offer you huge savings on your medical expenses.
  • The best health plan offers huge discounts on prescription drugs, as well as expenses on health care assistance.

 

  • A guaranteed health plan provides you with instant coverage during any emergency situation.
  • Backed by contractual obligations with quality pharmacies and doctors, medical savings health plans let you enjoy up to 50% discount on doctor's visits and prescription drugs. This way, you no longer need to get bogged down by spiralling medical costs.

 

  • Such medical plans can also help you enjoy considerable savings on surgery costs, check-ups, hospital stays, blood tests, x-rays, and much more.

Pitfalls

Some dishonest merchants posing as real insurance agents or providers may lure unsuspecting people into buying medical savings health plans that provide non-realistic promises of discounts. Such scam plans often substitute non suitable generic drugs for branded drugs and do nothing more. So, you should beware of such medical heath plans that simply exchange one problem for another and don’t really help you manage your healthcare expenses.

Conclusion

Make an informed decision to select the most reliable and guaranteed health plan, which can help you save a lot on your medical bills.  

 

Choosing the right health insurance

Choosing the Right Health Insurance Stressfree

Too often one feels rushed into buying health insurance & end up choosing the wrong plan for them. Know the facts before making a selection.

 Health Insurance Companies

In today’s age of information overload where a deluge of private, public, and community programs are available to meet your healthcare coverage needs, it really becomes a daunting task to sift through all the available information and select the one that best suits your needs and budget. This is why finding affordable health insurance companies become important. Since no two plans are the same, you need to get a quote from multiple companies, compare the rates and other factors before selecting one.
Picture: Decision making” Finding Health Insurance can be very stressful”

Pitfalls of choosing in a hurry

In their hurry, people often end up choosing the first plan that they come across, or select plans that they later find doesn’t cover a sudden major medical expense. To avoid such pitfalls, you should invest in comprehensive and affordable health insurance from reputed health insurance companies. Remember – your health is your most important personal asset, and you shouldn’t leave yourself to the mercy of fate. 
 Steer clear of detrimental situations by seeking clear, professional advice from reliable and reputed insurers and agents of insurance companies. You can also opt for guaranteed health insurance plans that offer pre existing health insurance coverage in case your claim for a standard health insurance is denied.

Choosing the right insurance company: Things to know

Picture: Couple on computer “Finding Health Insurance should be a stress free task. Let us do the hard work”

In order to choose the right insurance company and the ideal health insurance plan, you should have adequate knowledge about:

  • Your rights and consumer protection
  • Available insurance choices (like PCIP - Pre-Existing Condition Insurance Plan, Young Adult Coverage, CO-OP Insurance Plans and Affordable Insurance Exchanges – the last two being about to start from 2014 under the Affordable Care Act)
  • Insurance costs
  • Tax credits and new programs available to organizations and businesses

Knowing about your choices as a consumer, and knowledge about rules and regulations that hold insurance companies accountable will help you select the right insurance company and affordable health insurance plans that meet your needs.

 

True Cost of Health Insurance

For some people, health insurance is something that they have always had, either through their parents as they grew up or through an employer-sponsored program as an adult. However, for millions of people in the U.S., health insurance is a luxury that they simply do not have or cannot afford. 

According to the U.S. Centers for Disease Control, approximately 48 million individuals under the age of 65 are without health insurance and almost 8 percent of children under the age of 18 are without insurance as well.

Costs of Health Care 

The potential cost of being without health care insurance can be startling and even financially devastating. For example, a simple MRI ranges in cost from $2,000 to $3,700. Kidney stone removal costs anywhere between $14,300 and $18,000. Even a basic x-ray can cost $200 and up. 

Note that these costs do not factor in associated costs, such as lab fees, doctor fees, anesthesia fees, hospital care costs, blood tests or any other costs. For those who do not have health insurance, even a simple visit to the emergency room with a basic injury could end up costing thousands of dollars. 

The need for health care insurance may seem obvious but for many individuals, the issue is not that simple. Many health care insurance companies will deny coverage if the individual has a pre-existing health condition, which can include anything from acne or asthma to more serious problems such as heart disease, cancer or high blood pressure. 

Some health care insurance providers will accept an individual with a pre-existing condition but require a lengthy wait before coverage can go into effect, sometimes between one and two years. 

Pre-Existing Condition Insurance Plan 

The Obama administration recently passed the Pre-Existing Condition Insurance Plan (PCIP) as part of a sweeping health care reform bill. Under the PCIP, individuals previously denied health insurance due to a pre-existing health care condition or those who have been uninsured for at least six months will be eligible for health care insurance coverage. 

However, the PCIP is not slated to go into effect fully until 2014, which means that millions of Americans remain without health care insurance. 

Guaranteed Issue Health Care Insurance 

For those who are in this situation and have struggled to obtain health care insurance, guaranteed issue health insurance is a viable option that can help relieve some of the burden. 

Guaranteed issue health insurance is an insurance plan that includes automatic admission into the insurance plan, regardless of pre-existing conditions or previous denial into other health care plans. Guaranteed health care plans include coverage for standard care, including doctor visits, emergency room visits, x-rays, prescriptions, surgery costs and fees, hospital fees, blood tests and more. 

The program works as a PPO, allowing members to select care from doctors and hospitals within a network list. In addition, the plan does not require a waiting period for those with pre-existing conditions. 

While the health insurance landscape may be changing in 2014 with the Pre-Existing Condition Insurance Plan, many people cannot wait that long to go without insurance and need to find a viable option immediately to help them cover the cost of their health care expenses. Guaranteed issue health care insurance can provide that assistance when individuals need it most.

Medical savings health plan

Savings on Medical Health Plans

Though there are several health insurance plans or health card options available in the market these days, not every plan provides you a complete coverage. Majority of the insurance plans provide limited indemnity, which covers only 50% of the expenses. But with the increase in the rates of drugs and other essentials, you may not be able to afford even the remaining 50% of your medical expenses, which may include your drug bills, hospital expenses, the required test strips and syringe for your diabetic test, etc.

Savings on Medical Plans

A good medical savings health plan, when combined with the conventional guaranteed health insurance, could really be a boon for you. Such a plan would certainly keep your expenses for prescription drugs and doctor’s visits within affordable limits.

The Best Health Plan

It is easy for you to pick the right medical health plan when you understand what really a best health plan would offer you. Here are some pointers to keep in mind:

  • Coupled with a medical insurance plan, the best health plan can offer you huge savings on your medical expenses.
  • The best health plan offers huge discounts on prescription drugs, as well as expenses on health care assistance.

 

  • A guaranteed health plan provides you with instant coverage during any emergency situation.
  • Backed by contractual obligations with quality pharmacies and doctors, medical savings health plans let you enjoy up to 50% discount on doctor's visits and prescription drugs. This way, you no longer need to get bogged down by spiralling medical costs.

 

  • Such medical plans can also help you enjoy considerable savings on surgery costs, check-ups, hospital stays, blood tests, x-rays, and much more.

Pitfalls

Some dishonest merchants posing as real insurance agents or providers may lure unsuspecting people into buying medical savings health plans that provide non-realistic promises of discounts. Such scam plans often substitute non suitable generic drugs for branded drugs and do nothing more. So, you should beware of such medical heath plans that simply exchange one problem for another and don’t really help you manage your healthcare expenses.

Conclusion

Make an informed decision to select the most reliable and guaranteed health plan, which can help you save a lot on your medical bills.  

 

Choosing the right health insurance

Choosing the Right Health Insurance Stressfree

Too often one feels rushed into buying health insurance & end up choosing the wrong plan for them. Know the facts before making a selection.

 Health Insurance Companies

In today’s age of information overload where a deluge of private, public, and community programs are available to meet your healthcare coverage needs, it really becomes a daunting task to sift through all the available information and select the one that best suits your needs and budget. This is why finding affordable health insurance companies become important. Since no two plans are the same, you need to get a quote from multiple companies, compare the rates and other factors before selecting one.
Picture: Decision making” Finding Health Insurance can be very stressful”

Pitfalls of choosing in a hurry

In their hurry, people often end up choosing the first plan that they come across, or select plans that they later find doesn’t cover a sudden major medical expense. To avoid such pitfalls, you should invest in comprehensive and affordable health insurance from reputed health insurance companies. Remember – your health is your most important personal asset, and you shouldn’t leave yourself to the mercy of fate. 
 Steer clear of detrimental situations by seeking clear, professional advice from reliable and reputed insurers and agents of insurance companies. You can also opt for guaranteed health insurance plans that offer pre existing health insurance coverage in case your claim for a standard health insurance is denied.

Choosing the right insurance company: Things to know

Picture: Couple on computer “Finding Health Insurance should be a stress free task. Let us do the hard work”

In order to choose the right insurance company and the ideal health insurance plan, you should have adequate knowledge about:

  • Your rights and consumer protection
  • Available insurance choices (like PCIP - Pre-Existing Condition Insurance Plan, Young Adult Coverage, CO-OP Insurance Plans and Affordable Insurance Exchanges – the last two being about to start from 2014 under the Affordable Care Act)
  • Insurance costs
  • Tax credits and new programs available to organizations and businesses

Knowing about your choices as a consumer, and knowledge about rules and regulations that hold insurance companies accountable will help you select the right insurance company and affordable health insurance plans that meet your needs.