Here is some good health insurance help for people who want to apply for a health insurance policy, but do not have any knowledge about health insurance. However, before discussing in detail about health insurance plans, let us observe why health insurance is important.A need for health insurance plans has arisen due to rising medical costs. It is impossible for individuals to bear all expenses on their own during certain situations when unplanned health expenses creep into their budget. Therefore, it is necessary for people to opt for ideal health insurance plans.Types Of Health Insurance Plans:When individuals approach any health agent for health insurance help, insurance agents suggest four types of policies to them. They are as follows:Major medical plan:Major medical plans are those plans in which individuals need to pay deductibles to health coverage companies to obtain benefits. Deductibles are nothing but a part of the amount, which people have to pay while applying for a policy. Later, health insurance firms pay about 80% of medical bills and insurers have to pay the remaining 20% of billed amounts.Buyers may select any doctors to get medical services and pay fees to these doctors directly. However, they need to obtain a bill and furnish it to the insurance companies, who in turn reimburse 80% of the bill amount to the insured. This type of health insurance plan is a traditional health plan.HMO plan:An HMO (Health Maintenance Organization) is a type of health policy that focuses mainly on life long health care of the insured. This plan is more affordable than the major medical plan. People need to select their doctors from a list of doctors furnished by insurance companies. These doctors provide medical services to them. If required, they also co-ordinate with other specialists and hospitals, to provide the best available health service.As a result, most people across the US prefer this type of health plan.PPO health plan:PPO (Preferred Provider Organization) is similar to an HMO plan. Health insurers refer in-network doctors and insured people refer their own out-network doctors. Here, people may choose in-network or out-network doctors as per their wish.However, if people choose out-network doctors they will have to shell out a huge amount as fee because in-network doctors charge a reasonable amount. Whether insured people choose in-network or out-network doctors, health companies pay only 80 % of the medical bill amount to insured people.POS Health Plan:POS (Point of service) health plan has properties of both PPO plan as well as of HMO plan. Here, people need to select the doctors referred by insurance companies. However, people may then seek treatment from out-network doctors after informing and taking permission from their in-network doctors. This plan is slightly more expensive than other health plans.Thus, refer to this health insurance help and choose the best health plan to cover the medical bills so that the unexpected cost does not hamper the monthly budget.
Imagine going through the pain of a divorce, well imagine making it that much harder and while you are going through the divorce you find out that you no longer are eligible under your ex-spouse’s health insurance plan. Unfortunately, this is the case for the millions of couples who decide to call it ends every year. To deal with the pain of a divorce is bad enough already with all of the stress that is created as a result of the split, and as we all know, stress is very bad for our bodies. So during a time that our bodies may be the most vulnerable many people are losing their health insurance, which for many people is the difference between seeking health care and remaining sick. For people who may be in this situation there may be a way out, and that is through affordable group health insurance policies. There are still many health insurance options out there for you to look at so that you and your loved ones can get health care coverage. For many people there is affordable group health insurance offered through their main employer, or through their local labor union.The point of group health insurance is for a group of people, like a company, to be insured under the same plan. This is often done through an employer or even sometimes the head of an organization you may belong to, who will offer a choice of affordable group health insurance plans to the company employees to choose. You as an employee of the company are able to choose the plan that best fits your family. Things to keep in mind when picking a plan is the type of coverage you and your family may need, and the amount you are willing to pay monthly for the insurance you chose which is called an insurance premium.There are many benefits to group health insurance, the first being that normally it is much less expensive than an individual plan, which may cause you $400 a month. This is a huge benefit for families who may not have a ton of money to spend on insurance. Also, you are more likely to be insured through a group health insurance company than with an individual health insurance company because when you apply for an individual health insurance policy you have to go through a doctor’s exam. For many people the medical exam could be the deciding factor as to whether or not they become insured, for people who are suffering from preexisting medical conditions it may be very hard for them to get insurance under and individual policy. With affordable group health insurance policies it is very unlikely that there will be a doctor’s exam. This is because with group health insurance the number of people who are sick and the number of people who are healthy tends to balance out and create an equilibrium for the insurance company.
You have probably heard about Coventry Insurance, but have most likely not heard about Assurant Insurance. Both of these are discounted health insurance companies that provide group health insurance, mostly to individuals who do not get insurance through work. Coventry insurance, however, is being used by some companies that want to get their employees insurance coverage.Eligibility Pre-conditionsAssurant Insurance is a group insurance option that anyone who wants health insurance can join. You have no medical checkups for this coverage, but you do have to answer a series of health care questions. If you have pre-existing conditions, you will find that you may not be eligible for health insurance coverage with Assurant. Pre-existing conditions are any conditions that you had that may be recurrent.Coventry also excludes those who have pre-existing health conditions from getting health insurance with them. In this case, you will also have to fill out a questionnaire to see if you have any health concerns and they will do a background check on your medical conditions. If you have been treated recently for an ongoing health concern, this will be excluded from coverage. Whereas Assurant Insurance is more likely to just turn you down for having a pre-existing conditions, Coventry will give you the option of getting healthcare but not being able to get the health care coverage for the pre-existing condition.Higher Premium v/s Wider Acceptability When it comes to the premiums that you will have to pay for both of these insurance companies, you can expect to pay a bit more for premiums when you get Coventry coverage over Assurant Insurance. On the other hand, Coventry coverage is accepted at far more places than Assurant Insurance, which is relatively a new insurance company. Before you decide to get either of these insurances as your health care insurance, you should make sure that your doctor or health care provider will cover you if you have this type of coverage.More places will accept Coventry than Assurance Insurance. This is one of the reasons why many people choose to have the former as their health care provider. However, an increasing number of health care providers and doctors are accepting Assurance. Also, it is important to remember that if you are looking for catastrophe health insurance coverage, such as that which you would need if you fell ill and were hospitalized, then you can do just as well with Assurance Insurance as they are recognized by most major hospitals and clinics.You can get an HMO coverage for a lot less than you imagine when you look into health insurance coverage from Coventry or Assurance. Both of them offer the individual who may not have health insurance coverage from work a chance to get group health insurance on an individual basis and get their medical needs covered. Both Assurance and Coventry coverage also have prescription plans available for those who need medications and give a substantial discount on medications, although you do have to use an approved pharmacy before you can get the prescriptions filled at a discount.