Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Low cost medical insurance

By Lessardcasey Subscribe to RSS | January 13th 2012 | Views:
loading
 
  



Low cost health insurance is something that in the United States comes with high risk and low return. Health insurance is really nothing more than an investment. The less money you put into it the lower return you will get out of it. But it isn't without it's benefits. If you decided to have a low cost health insurance chances are your premium, or cost per month will be fairly low, but your deductible will be high. The deductible will be the price you will pay out of pocket later if you happen to have a serious medical crisis or injury. The more you pay for your health insurance the more it is likely to cover. It's really a game of risks, one in which one can end up on the losing end. Like any investment, if one chooses to invest lightly then the results could be egregious.

2011 was a year where employer-sponsored health care and family coverage premiums surged. Most saw an increase in their own personal premium and were profoundly upset by it. In the middle of this severe economic slump many aren't even able to pay for mediocre health care. Having any health insurance is better than none because of the rising cost of medical treatments. The burdens on the pocket of medical costs can prove to injure your credit score and leave you with a pile of bills.

Even if you do end up scouting around for the best quote and policies something that has a low cost is likely to come with confusing clauses that won't help combat against unforseen diseases or illnesses without a high out-of-pocket cost. Low cost and affordable health insurances are available at different price ranges. While lots of coverages are flexible and can cater to the particular need of the policy holder this always comes at a cost. Also, if one mentions pre-existing conditions or if the individual has a record of a pre-existing condition then the premium may be more costly or the coverage may not cover the condition. It is general knowledge that their are two types of low cost health insurance. The first is the fee for service. This type of coverage is where the individual pays the fee for care to the doctor at each visit then files a claim afterwards. The second type is managed care and is the more popular of the two. This is when a patient pays a co-pay to visit doctors in their network.

Because one of the greatest uncertainties in life is falling sick or risk of injury any health insurance is better than none. With people living longer health insurances are really a neccesity. The question in today's world is how much does one want to pay in betting against their own health. In this case the dealer may not win, but if one decides to get an ill-fitting and low cost health insurance the hope is that only primary care will be needed and very little coverage. A low cost health insurance is a bet places against the odds in todays dangerous world. The likelyhood of cancer, disease, infection, and accident seem more prevalent than ever. The lower the cost of health insurance the higher your premium will likely be and the more restrictions one is likely to have. While talk of universal health care has garnered momentum it most likely won't be a reality for this generation because of bureaucratic red-tape and the lobbying of health care companies. So it would be wise to find a health insurance that isn't low cost.

Lessardcasey - About Author:
Casey Lessard is an expert on health and dental insurance. He has been writing articles on Low cost medical insurance for several years.

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

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

Related Insurance Articles Subscribe to RSS

Effects of higher business insurance rates on financial system
Published by Andrew Edwards on February 2nd 2012 | Insurance
We all necessarily buy business insurance plan for the company...
 
How to get low cost auto insurance Connecticut?
Published by Auto Insurances on January 16th 2012 | Finance
Who doesn’t want to save money in such high period of inflation? Of course everyone does. But, whe...
 
Are you looking for the best South African insurance?
Published by Dkfinancialplanning on February 10th 2012 | Insurance
South Africa is a very dangerous place full of crazy people and animals. In the South African area y...
 
Tips to use Car insurance comparison website
Published by Jameshaven on March 16th 2012 | Insurance
Who does not want to save money? Car insurance is something that every owner of the car needs but so...
 
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...
 
Choosing the best auto insurance company to get coverage from
Published by Jerry on March 13th 2012 | Insurance
With the number of car accidents showing a rapid increasing, people have started getting their cars ...
 
Provide the best insurance for your car with the best insurance quotes
Published by Jameshaven on March 5th 2012 | Insurance
You just purchased a car recently, it is now very important for you to secure your car with the car ...
 
Basic needs of employer’s liability insurance
Published by Andrew Edwards on February 10th 2012 | Insurance
A plan your company requires legally refer to as employer’s liability insurance...
 
Individual dental insurance
Published by Lessardcasey on March 28th 2012 | Insurance
Individual—(non-employer-based)--healthcare coverage can be difficult and expensive to acquire. Wi...
 
To get insurance for your Vauxhall vehicle
Published by Ahmadgill on January 26th 2012 | Insurance
We can give you help to get Vauxhall Corsa Insurance and spread rates on getting insurance that is 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...
 
The best insurance packages live in Maryland
Published by Insuranceindian Aauto on March 5th 2012 | Finance
Auto insurance is something that any motorist in Maryland needs to have. Many people would try to ov...
 
How to win the right auto insurance packages in New Hampshire
Published by Alabamaauto Insurances on January 17th 2012 | Finance
Auto insurance is definitely a necessity to anyone who owns a car in the modern day. If at all you ...
 
Classic car insurance requirements
Published by Johnjakson on January 30th 2012 | Insurance
If you have a classic car, most likely it is one of the most valuable possessions. Defending and mai...
 
Georgia health insurance plan made for everyone
Published by Ricky Martin on July 27th 2012 | Insurance
With all these benefits we can say that Georgia health insurance plan is made for everyone. And as e...
 
Look for car insurance in South Carolina
Published by Ronnie Brain on January 17th 2012 | Insurance
It is a legal requirement that you carry your auto insurance South Carolina all the time. Failure to...
 
Obtain the exact type of coverage through business insurance plan
Published by Andrew Edwards on April 14th 2012 | Insurance
As a business owner it is your responsibility to look into the plans suitable for your company...
 
Let Georgia health insurance plan treat your medical expenses
Published by Ricky Martin on June 23rd 2012 | Insurance
So time has come, do let Georgia health insurance plan treat your medical expenses. It is a big burd...
 
Why to get mobile phone and iPad insurance
Published by Ashish Pandey on February 7th 2012 | Finance
Getting mobile phone insurance or iPad insurance can be a great tool to avoid unnecessary expense an...
 
Your insurance in your means, demands and needs
Published by Ahmadgill on December 3rd 2011 | Insurance
There are many companies that are giving bets rates but all these companies are not batter for you a...