• What the Health B..
  • Reasons Not to Wa..
  • A Limited Benefit..

What the Health Bill Means for Young Adults

How the Health Bill can benefit Young Adults

Young adults, usually between the ages of 19 and 29, are usually in the uninsured bracket. While they attribute their youth and good health as chief reasons for not requiring health insurance, the cost of health insurance can also be a determining factor in many cases. However, despite their youth and relative good health, the number of trips to an emergency room taken by an average young adult is mind boggling. This makes having health insurance an absolute necessity for this sector. Here are some simple aspects of the health bill that is advantageous to this group.

  • Coverage through parent's policy: With cost of insurance being an important factor leading to the high number of uninsured young adults, the new bill proposes to change the scenario by offering all those below 26 years of age to continue to be covered by their parent's policies. Of course, parental discretion is required for any such continuance.
  • Affordable plans: In addition to allowing those below 26 years to be covered by their parent's policies, the bill also proposes to introduce affordable plans that offer individual health insurance for the young adults.
  • Pre existing coverage: The bill also talks about providing pre existing condition health insurance coverage to these young adults, which is an attempt to ensure that there is no unwanted burden on the youth and their families.
  • Temporary coverage: Temporary insurance coverage to young adults is also proposed, which will be applicable till the youth has found good employment with full health benefits.

With all these and more being proposed by the new health bill for young adults, it is important that they take advantage of it and face lesser financial worries due to healthcare issues.

Reasons Not to Wait any Longer for Health Insurance

Health Insurance: 4 Reasons why you should opt for it now!

Escalating healthcare costs, rise in health issues, and the threat of chronic conditions are all factors that increase the need for health insurance. Despite these facts, many people still lie in the uninsured bracket for various reasons, chief of which is the cost of health insurance. However, these four reasons show why you should not wait for health insurance.

  • Risk of pre existing medical conditions: Earlier, insurance companies could and did refuse pre existing condition health insurance coverage, largely because the risk was too high. However, today with new regulations and mandates, there are other high risk pools for you to gain insurance from. Additionally, by 2014, the government seeks to ensure that no insurance company can actually refuse insurance due to such conditions.
  • Expensive healthcare: Healthcare costs are increasing at a steady rate. Under these circumstances, the onus of payment is entirely on the individual, where there is no insurance. Moreover, without health insurance, you do not qualify for any discounts that others with insurance can boast of.
  • Risk of being uninsured: Financial debts and bankruptcy are the highest amongst those who are uninsured against health emergencies.
  • Insurance for young adults: Young adults believe that their youth and good health do not require any insurance against health emergencies. However, studies have shown that a large percentage of young adults visit emergency rooms every year, and adequate coverage by health insurance plans can help them deal with costs of such treatment.

For these reasons, if you are contemplating getting health insurance, make sure you do not delay the process any longer and end up losing out financially.

 

 

A Limited Benefit Medical Plan can be the Answer

A Limited Benefit Medical Plan can be the Answer

Health can be a gamble when we go uninsured.  Ask Kate and Josh. As a young new couple with no plans of having children and a lot of student loans to pay back, they decided to cut costs by going without health insurance for a few months. The figured they were relatively healthy and almost never went to the doctor. It didn’t seem like a risk to them at all.

Life throws us a curb ball sometimes.

Kate was diagnosed with early stage ovarian cancer a few weeks later. They were shocked. It seemed like they had nowhere to turn to.

Life with a pre-existing condition can seem miserable. It's constant rejection everywhere you go.

Thankfully, Kate and Josh had the wherewithal to call us.

Limited Benefit Medical Plans Changed their Lives

We were able to find them a limited benefit medical plan that accepted them right away. This plan was a fee-for-service plan that paid exact amounts for every kind of service. This left them knowing exactly how much they would have to pay out of pocket for any kind of service.

Kate and Josh were able to get the medial attention that they needed and were able to stop and eliminate the cancer from spreading.

How a Limited Indemnity Plan can Help You and Your Loved Ones

Kate chose an indemnity plan with a PPO network. Not only was she able to get large cash payments for each service she needed, but she was also able to get PPO network repricing. What that means, is that for every $300 specialist doctors visit she had, she was able to get at least 50%-75% off the price since her doctor was in network.  After that, the indemnity portion of the plan paid $120 towards the remainder of the visit. That meant she paid anywhere from $30 to zero dollars for her specialty doctors visit.

No Strings Attached

Kate was apprehensive at best when we first showed her the plan. She thought it just sounded too good to be true. We let her know that there were no strings attached. She could cancel at any time. The greatest part is that she had 30 days with the plan in which she could cancel if she was not pleased.

We can help you! Sign up Today!

 

What the Health Bill Means for Young Adults

How the Health Bill can benefit Young Adults

Young adults, usually between the ages of 19 and 29, are usually in the uninsured bracket. While they attribute their youth and good health as chief reasons for not requiring health insurance, the cost of health insurance can also be a determining factor in many cases. However, despite their youth and relative good health, the number of trips to an emergency room taken by an average young adult is mind boggling. This makes having health insurance an absolute necessity for this sector. Here are some simple aspects of the health bill that is advantageous to this group.

  • Coverage through parent's policy: With cost of insurance being an important factor leading to the high number of uninsured young adults, the new bill proposes to change the scenario by offering all those below 26 years of age to continue to be covered by their parent's policies. Of course, parental discretion is required for any such continuance.
  • Affordable plans: In addition to allowing those below 26 years to be covered by their parent's policies, the bill also proposes to introduce affordable plans that offer individual health insurance for the young adults.
  • Pre existing coverage: The bill also talks about providing pre existing condition health insurance coverage to these young adults, which is an attempt to ensure that there is no unwanted burden on the youth and their families.
  • Temporary coverage: Temporary insurance coverage to young adults is also proposed, which will be applicable till the youth has found good employment with full health benefits.

With all these and more being proposed by the new health bill for young adults, it is important that they take advantage of it and face lesser financial worries due to healthcare issues.

Reasons Not to Wait any Longer for Health Insurance

Health Insurance: 4 Reasons why you should opt for it now!

Escalating healthcare costs, rise in health issues, and the threat of chronic conditions are all factors that increase the need for health insurance. Despite these facts, many people still lie in the uninsured bracket for various reasons, chief of which is the cost of health insurance. However, these four reasons show why you should not wait for health insurance.

  • Risk of pre existing medical conditions: Earlier, insurance companies could and did refuse pre existing condition health insurance coverage, largely because the risk was too high. However, today with new regulations and mandates, there are other high risk pools for you to gain insurance from. Additionally, by 2014, the government seeks to ensure that no insurance company can actually refuse insurance due to such conditions.
  • Expensive healthcare: Healthcare costs are increasing at a steady rate. Under these circumstances, the onus of payment is entirely on the individual, where there is no insurance. Moreover, without health insurance, you do not qualify for any discounts that others with insurance can boast of.
  • Risk of being uninsured: Financial debts and bankruptcy are the highest amongst those who are uninsured against health emergencies.
  • Insurance for young adults: Young adults believe that their youth and good health do not require any insurance against health emergencies. However, studies have shown that a large percentage of young adults visit emergency rooms every year, and adequate coverage by health insurance plans can help them deal with costs of such treatment.

For these reasons, if you are contemplating getting health insurance, make sure you do not delay the process any longer and end up losing out financially.

 

 

A Limited Benefit Medical Plan can be the Answer

A Limited Benefit Medical Plan can be the Answer

Health can be a gamble when we go uninsured.  Ask Kate and Josh. As a young new couple with no plans of having children and a lot of student loans to pay back, they decided to cut costs by going without health insurance for a few months. The figured they were relatively healthy and almost never went to the doctor. It didn’t seem like a risk to them at all.

Life throws us a curb ball sometimes.

Kate was diagnosed with early stage ovarian cancer a few weeks later. They were shocked. It seemed like they had nowhere to turn to.

Life with a pre-existing condition can seem miserable. It's constant rejection everywhere you go.

Thankfully, Kate and Josh had the wherewithal to call us.

Limited Benefit Medical Plans Changed their Lives

We were able to find them a limited benefit medical plan that accepted them right away. This plan was a fee-for-service plan that paid exact amounts for every kind of service. This left them knowing exactly how much they would have to pay out of pocket for any kind of service.

Kate and Josh were able to get the medial attention that they needed and were able to stop and eliminate the cancer from spreading.

How a Limited Indemnity Plan can Help You and Your Loved Ones

Kate chose an indemnity plan with a PPO network. Not only was she able to get large cash payments for each service she needed, but she was also able to get PPO network repricing. What that means, is that for every $300 specialist doctors visit she had, she was able to get at least 50%-75% off the price since her doctor was in network.  After that, the indemnity portion of the plan paid $120 towards the remainder of the visit. That meant she paid anywhere from $30 to zero dollars for her specialty doctors visit.

No Strings Attached

Kate was apprehensive at best when we first showed her the plan. She thought it just sounded too good to be true. We let her know that there were no strings attached. She could cancel at any time. The greatest part is that she had 30 days with the plan in which she could cancel if she was not pleased.

We can help you! Sign up Today!