Health insurance plans vary in their coverage and prices. The more coverage offered, the higher the premiums. This doesn't mean that the lowest premium is the cheapest. If you have to pay many out-of-pocket medical expenses, you could be paying more than if you had gone with a higher premium plan. Different plans benefit different people.
Fee For Service
Fee-for-service health insurance policies are the most common. You pay the medical bill and then you are reimbursed by the health insurance provider. You will also typically have co-pays and deductibles. Prices range widely with these types of policies - the higher the co-pays and deductibles, the lower the monthly premiums.
The benefits of this type of insurance are that you get to choose which doctor to see and when to get immediate needed care. However, these types of plans do not typically cover preventative care like routine check-ups or tests.
Managed Health Care
Another option is a managed health care which typically has lower insurance premiums. A managed health care system could be an HMO or a Preferred Provider Organization or a variation of these. The common element is that you have to use approved physicians and dentists.
With these types of plans cost is one of the chief benefits. You get the most coverage with the lowest premiums. Coverage also includes most preventative check-ups and procedures. Unfortunately, you do not get to choose a physician outside of the network.
Catastrophic Insurance
Catastrophic insurance is for the big emergencies like hospitalization for several days. These plans typically have the lowest coverage, but they do not cover non-emergency care.
With its low premiums, this plan is ideal for someone who can cover their own typical medical expenses, but wants to protect themselves financially from an unexpected emergency.
Provider Differences
Health insurance providers have their own version of these health insurance plans. Coverage levels, deductibles, and co-pays all vary, along with the cost of monthly premiums. In order to find the best provider, research different health insurance policies. Health insurance websites allow you to compare costs along with coverage. Also, find providers that can be easily contacted through their website or on the phone.
To view our list of recommended companies online that provide health insurance and can help you compare quotes, visit this page: Recommended Insurance Companies Online.
Carrie Reeder is the owner of ezerk, an informational website with articles and information about various topics.
If you want to save money when you purchase your... Read More
Most people only think that insurance is something they need... Read More
The Health Savings Account (HSA) is an amazing tool that... Read More
For thousands of years men have sailed the seas. From... Read More
The communities of Exmouth and Moora in Western Australia don't... Read More
Home insurance, or even homeowners insurance, is an insurance policy... Read More
Life insurance protects you and your family from economic hardship... Read More
Many people purchase insurance thinking I want full coverage and... Read More
If you decide not to do a car insurance comparison... Read More
There's nothing that has a greater impact on evaluating a... Read More
The three C's, customization, consumerization and customer-satisfaction, seem to be... Read More
Regardless of what some people might think, medical insurance will... Read More
It is now possible to thoroughly research and buy health... Read More
At first glance, homeowners insurance may seem perplexing and quite... Read More
Though popular among today's aging Baby Boomers and members of... Read More
In order to save money on your homeowners insurance you... Read More
In the UK each September, 350,000 new students embark off... Read More
The information you need about the best term life insurance... Read More
Many people are skittish about life insurance, because they feel... Read More
With a life insurance settlement, seniors now have the ability... Read More
Did you know? One year of disability can wipe out... Read More
What is a deductible? A deductible is the amount you... Read More
I've long wanted to write an article about Internet Leads... Read More
Before attempting to find the best homeowners insurance coverage you... Read More
Thousands of people have work related commitments and in order... Read More
Health Insurance For Seniors On The NetWhen a good friend... Read More
Many personal car insurance companies consider your credit information when... Read More
Assured - Those insured under the terms of an insurance... Read More
There are many factors that affect the insurance rate you... Read More
This article is written by a 27 year old female... Read More
California high risk truck insuranceIf your are in need of... Read More
Forcible and violent entry (f&ve) is the terminology used within... Read More
You were on the phone, got distracted and before you... Read More
A couple months ago you were toolin' on down the... Read More
Do You Own A Life Insurance Policy That You No... Read More
Non-profit groups in this day and age need to watch... Read More
The Health Savings Account (HSA) is an amazing tool that... Read More
You are ready to buy your first car. Researching the... Read More
This is a FREE Insurance Claim GuideYour "Motor Vehicle" can... Read More
Car insurance rates are prohibitive nowadays. Many families really struggle... Read More
In the early 1980's Medicare started using a system called... Read More
Do you like to spend all day being sitting around?... Read More
Here's the good news: with improvements in medical technology and... Read More
Life insurance in the UK is becoming more and more... Read More
Life insurance protects you and your family from economic hardship... Read More
For many years in the UK, motor insurance has been... Read More
You and I. M. Strong, the adjuster from Granite Mountain... Read More
With the soaring rise in claims to insurers from their... Read More
When you start a small business you will need to... Read More
Auto Insurance rates are a complicated business. Have you ever... Read More
Pet Health Insurance can give you the peace of mind... Read More
For once finances seem to be going in favour of... Read More
If you are looking for auto insurance in texas, you... Read More
The biggest worry of most parents today is their children... Read More
In order to save money on your homeowners insurance you... Read More
Not a year goes by that insurance rates go up.... Read More
Life Insurance Companies differ in their "underwriting philosophy" when it... Read More
Auto insurance is an agreement between you and your insurance... Read More
1. Comply with recommendations from company engineers and loss control.... Read More
This "How To" article is crucial, up-to-date information concerning what... Read More
Everyone is searching for a way of cutting costs, a... Read More
Getting your business up and running is exciting, challenging and... Read More
My whinstone house my castle is, I have my own... Read More
The expenses involved with owning a home can be overwhelming... Read More
Health insurance is a kind of protection that provides payment... Read More
Aren't all travel insurance plans basically the same?No. When you... Read More
Insurance |