Embedded Files
Living Without Health Insurance Is Not A Good Idea
We all know how important it is to have good health insurance coverage but it can be harder than ever these days to know what sort of policy is best. If you arent sure what sort of coverage you really need this article can help answer your questions so you can find the right policy for you.
If monthly costs for health insurance are a concern look a higher deductible plan. This option allows for you to handle smaller out of pocket costs as needed and the need for a deductible is only necessary when a more catastrophic event occurs. The minor incidents are easier to budget and allow you to save monthly dollars for your day to day life.
Medical insurance is something that everyone really should purchase. You never know if you are going to get very sick and the last thing you need when you dont feel well is to now owe a huge bill to a doctor that you may or may not be able to afford.
Look for a health insurance plan with broad coverage. This is especially important if you like to travel. Insurance companies with smaller coverage can make it difficult to find a doctor should you be outside of your normal living area. Broad coverage includes many more doctors and hospitals so it is a must for travelers.
When applying for health insurance have a talk with your doctor. Have him pull your medical records so you can be sure that there are no inaccuracies and that there is nothing that may be detrimental to your chances of getting insurance. Look back at least ten years as some health insurance companies do.
Read your health insurance policy carefully before you go out and buy glasses or get your teeth fixed. Most healthcare insurers offer dental as a separate policy and many do not offer vision insurance at all. Better to know up front whether your vision care is covered than to be greeted with a bill from the eye doctor and not be able to pay it.
Get health insurance through a group. Whether it be an employee group a union association or other organization that works with certain categories of people check to see if they have health insurance. Many groups offer discounted health insurance policies if you sign up for it as a group member so join up!
Being aware of laws applicable to health insurers is vital to protecting yourself and your coverage. Most of the time an insurance company cannot cancel coverage or deny payment because of a clerical error on your part including during the application process. Unfortunately paperwork and red-tape are part of the health insurance process but knowing your rights up front enables you to plow through it with greater confidence.
It is important that you take price into consideration when looking for medical insurance. Although having health insurance is very important you do not want to end up losing it because you cannot afford the premiums. If a potential insurance companys premiums seem too high shop around for another one. You can even try to negotiate a lower price with your preferred company.
When searching for the best health insurance plan for your specific needs consider using the services of an independent insurance broker. A good broker will understand the fine points of a wide range of insurance policies and can help with the legwork needed to shop around for the best rates. In addition a good broker is likely to know of a much broader swath of plans and providers then you will find on your own. Just make sure any broker you consider is credentialed with the National Association of Insurance Commissioners (NAIC).
Ask for a free trial. As with most things in life your insurance plan may come with a free trial period. If this is offered take advantage of it. Normally. this doesnt mean that you get a free month rather that you pay for a month and if you arent satisfied you can get a refund. Make sure you follow the guidelines though such as needing to ask for the refund in writing.
Always be on the lookout for new discounts. For example many insurance companies will offer you a discount next year if you dont use your entire deductible this year. Some companies will send you gift cards or coupons for healthy items such as food or a gym membership in order to help you to stay healthy which will prevent you from filing claims.
If you have very good health and do not know of any medical issues that run in your family then it is relatively safe to choose a minimum health insurance coverage. The price is linked to coverage. So why pay for something you are not going to use?
Every time you get a renewal letter from your health insurance revisit your medical coverage needs. Has anyone in your family been diagnosed with a chronic condition? Or have you lost a lot of weight and reduced your medical costs? Maybe youve quit smoking? Let your insurer know and theyll be able to help you out with any discounts or additions to your plan.
Your health insurance company may request information from you or send you forms to fill out whether or not you have an active claim going on. It is important that you give your insurers every possible piece of information they ask for. Missing information can form the basis of a claim denial so make sure your insurance company gets everything they ask you for.
If you are under a certain income cap you probably qualify for a discount plan. These plans are generally offered by the state you live in and can vary from one state to the other. Look into what your state has to offer and make sure your income is low enough to qualify.
Health insurance can be very complex particularly if you are purchasing a plan on your own. There are so many different companies with different policies and levels of coverage. It can be very confusing. Use the advice in this article to help you choose an affordable plan that will meet your needs.
Page updated
Google Sites
Report abuse