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

Maryland the state of expensive auto insurance
Published by Insuranceindian Aauto on March 5th 2012 | Finance
Maryland is famous for its expensive auto insurance unlike other states; the state is rated as the t...
 
Manage your business effortlessly with commercial insurance
Published by Andrew Edwards on February 16th 2012 | Insurance
If you are running a business either it is large or small, then you will understand the importance...
 
Finding online life insurance quotes is safe and secure
Published by Haris Portfield on February 20th 2012 | Insurance
With their inclusive approach to insurance, websites make it easy for the insurance consumers to fin...
 
Alfa Romeo Spider car insurance is not difficult for you
Published by Kaisar on January 2nd 2012 | Insurance
This is not matter which car you are using but if you are the owner for the Brera car so it is vital...
 
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 ...
 
Four steps to get the cheapest car insurance
Published by Jameshilton on January 12th 2012 | Insurance
Car insurance has been made mandatory by law. But with the rise in car insurance premium rates, it i...
 
Vauxhall Corsa Insurance gives you best insurance
Published by Ahmadgill on January 26th 2012 | Insurance
Now a day our company is committed in giving you cheap insurance and cutting rates on Vauxhall Corsa...
 
Car insurance quotes have real importance in buying car insurance
Published by Stevediaz on April 19th 2012 | Insurance
As the need of car is increasing day by day similarly the insurance policies is also demanded by mos...
 
Comparable New Mexico auto insurance rates requires a keen eye
Published by Alabamaauto Insurances on January 17th 2012 | Finance
New Mexico has many sources of information regarding the best auto insurance quotes which includes t...
 
Several categories of Group health insurance
Published by Morgan001 on March 27th 2012 | Finance
The Group health insurance makes individual insurance coverage’s accessible on a member of group b...
 
Efficient ways to get cheap car insurance
Published by Robmichae on March 2nd 2012 | Insurance
It was never this easy to get the car insurance quotes. With your fast internet browsing speed you c...
 
Inexpensive health insurance
Published by Lessardcasey on November 30th 2011 | Insurance
For those of us not fortunate enough to have group dental insurance offered through ours or our spou...
 
Georgia health insurance plan is excellent option for your health cover
Published by on June 23rd 2012 | Insurance
Only getting health insurance policy is not important, getting the right one is more important, beca...
 
How to find affordable auto insurance for your child
Published by Jerry on March 14th 2012 | Insurance
When you need to get a car for your child, chances are that you may want to make sure that it is as ...
 
Plan your business insurance cover to acquire solid defense
Published by Andrew Edwards on March 19th 2012 | Insurance
In addition to expenses made on maintenance of the workings, we also need proper planning in terms o...
 
Include product liability insurance in investment plans
Published by Andrew Edwards on December 13th 2011 | Insurance
Product liability arrives at head when consumer or workers take off injury with the product...
 
The Series6 insurance
Published by Texasinsurance on November 30th 2011 | Insurance
Do you need to take the Series 6 exam? Do you have limited time to study? If your answer is "yes" to...
 
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...
 
Safeguard your organization by commercial liability insurance
Published by Andrew Edwards on May 17th 2012 | Insurance
There are few insurance plans protecting organizations from facing the issues which can harm on fina...
 
Basic need of business insurance rates for comparison
Published by Andrew Edwards on January 11th 2012 | Insurance
If you are planning to buy insurance for business, then at first look at the different business insu...