Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Affordable medical insurance

By Lessardcasey Subscribe to RSS | November 30th 2011 | Views:
loading
 
  



When one is in search of a low cost private individual health insurance plan, where does one go? A huge resource of insurance quotes and health care information is the world wide web. There are search engines dedicated to giving you a price quote for your benefits based on your age, gender, dependents, and location. You simply type in said information and you will receive comprehensive quotes from dozens of providers including big companies like Aetna and United Health Care and less well known providers like United Health One. You will then be provided with detailed information about the plans available to you.

One thing most people don’t understand about health insurance is that there is much more to know about it than just the monthly premium cost. In order to take into consideration which plan is best for you financially you should also consider your out of pocket costs such as co-insurance, co-payments, and out-of-pocket maximums. A co-payment is the fee associated with visits to the doctor or hospital. For example, you may be required to pay $20 per visit to your primary care physician where as a specialist visit to a urologist may cost you $40 a visit. Some plans have emergency room co-payments of $100 or more which may be waved if you are required to be admitted to the hospital for a longer stay as a result of your visit. You would then need to verify if your new health plan requires you to pay a hospitalization co-payment for being admitted from the emergency room. Will you be covered the full 100% after that co-payment? If you will only be covered for 80% for example, then you are going to need to cover the other 20% of the total bill once you are released from the hospital. This is called your co-insurance amount.

It can all sound very overwhelming and especially expensive. There are however measures implemented into these health plans to help relieve the stress of high cost benefits. The out-of-pocket maximum can be the saving grace for most individuals and families. The way your out-of-pocket maximum works is that once you have paid your co-payments for doctors and hospital visits and you begin to start paying your co-insurance amounts, there is an annual out-of-pocket maximum that is capped on your benefits. In a health plan with a $2,000 out-of-pocket maximum means that you will be responsible for co-insurance (20% of your hospital bill) only until you reach your $2000 out-of-pocket maximum. That is great news. If for instance you are hurt in an accident and require a $30,000 surgery, you can rest assured that you will not be responsible for more than your annual out-of-pocket maximum.

Now that you are armed with this education about health insurance benefits, you will be more aptly capable of budgeting your income and allotting enough funds to carefully and diligently pick the very best health insurance for yourself and your family.

Lessardcasey - About Author:
Casey Lessard is an author of healthinsuranceadvisory.org, One of the Best health insurance advisory. He is writing articles on Affordable medical insurance
since long time.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/insurance-articles/affordable-medical-insurance.htm

Related Insurance Articles Subscribe to RSS

Individual dental insurance plans
Published by Lessardcasey on February 11th 2012 | Insurance
Everyone at some point has been to the dentist throughout his or her life. Most of america can relat...
 
Why we should acquire Commercial liability insurance
Published by Andrew Edwards on December 12th 2011 | Insurance
Since the competition has reached a significant value, we have to be quite selective when it comes...
 
Cheaper van insurance – ways to find the best deal
Published by Robmarshall on March 28th 2012 | Insurance
Whether you have a larger vehicle or a smaller vehicle, you will definitely have to buy an insurance...
 
Compare car insurance quotes before renewal
Published by Stevediaz on February 25th 2012 | Insurance
It is illegal to drive car without car insuranceas per law. So everyone who drive or owns a car need...
 
Best Individual medical health insurance
Published by Lessardcasey on February 11th 2012 | Insurance
Individual medical health insurance can be a financial burden, but for many people it is a necessary...
 
Tips to get cheap car insurance
Published by Harrisonford on March 1st 2012 | Insurance
If you are car owner and you know the law then you definitely know importance of car insurance. Car ...
 
Individual medical health insurance Procedure
Published by Lessardcasey on March 28th 2012 | Insurance
HealthInsuranceAdvisory.org is a website devoted to helping people find affordable Individual Medica...
 
Don’t dare drive in Massachusetts without auto insurance
Published by Autoinsurances on January 14th 2012 | Insurance
It’s important to acquire auto insurance Massachusetts if you are intending to drive your automobi...
 
Finding cheap Arizona auto insurance
Published by Auto Insurances on January 13th 2012 | Finance
Let’s not take more risks with our valuable autos. While applying for Arizona auto insurance make ...
 
Individual medical health insurance
Published by Lessardcasey on November 30th 2011 | Insurance
Individual medical health insurance is something that every man and woman should have, unless they a...
 
Tricks to get cheapest car insurance
Published by Harrisonford on March 1st 2012 | Insurance
It would be really stupid of you if you know that car insurance is the most things in your law and e...
 
Cheap car insurance for young male drivers
Published by Ahmadgill on December 22nd 2011 | Insurance
You will be worried to know that a man pay a heavy to get insurance of a best company then the women...
 
Compare Cheap and Affordable nevada long term care insurance Quotes Online
Published by Kym Dicken on November 30th 2011 | Insurance
Long-term care insurance has become very popular in the United States and many other countries with ...
 
Why you should visit my cheap car insurance online
Published by Harrisonford on April 13th 2012 | Insurance
Due to high demand of car loans, the need for car insurance policies is also increasing day by day. ...
 
Commercial insurance quotes: preliminary walk towards sheltered business
Published by Andrew Edwards on January 18th 2012 | Insurance
The term quotes meant a lot to us, quotes are thoughts shared by legendary people...
 
Benefits of car insurance comparison sites
Published by Geenadavis on February 25th 2012 | Insurance
In spite of what type of insurance an individual is seeking, it is always a wise idea to do some car...
 
The cost of vehicle insurance goes up now
Published by Jeniffer Thomus on January 24th 2012 | Insurance
DOUBLE A has said that the cost of insurance premium has gone up this year by 5 per cent. New applic...
 
Commercial general liability insurance to cover major issues
Published by Andrew Edwards on February 20th 2012 | Insurance
What kind of business developed by you, it is a major question which signifies type of coverage need...
 
Compare car insurance online for more
Published by Jorjbush on January 12th 2012 | Insurance
With advancement in technology all the car insurance companies have taken a move ahead. Gone are the...
 
Medicare supplement plans the best help in better medical coverage
Published by William Richards on December 30th 2011 | Insurance
Get the best benefit of the Medicare supplement plans in order to get the best benefits in relation ...