You can get low cost insurance quotes for health coverage quickly and simply online. The quotes are on a no-obligation basis and will be tailored to your needs. Your requirements will be sent to representatives in your area who will start working on your quotes right away.
Sometimes it only takes a few minutes for you to receive detailed costings. However, if your needs are fairly intensive, it make take longer. Nevertheless you will still receive all your free no-obligation quotes in 48 hours maximum.
There are various kinds of plans when it comes to health insurance. In fact, there are so many that it can all be somewhat confusing. This article will very briefly outline some of the most popular ones. Once you have read through them you can get detailed information from an insurance agent or the internet.
You could choose a fee-for-service plan, also called an indemnity plan. This permits you to choose a specific healthcare facility or hospital and a doctor. The insurance company will cover a specified amount of any costs incurred in accordance with a predetermined fee. Most of these plans specify a cap on what you will pay annually. When this cap is exceeded, the insurance company will carry all further expenses.
Then there's a health maintenance organization (HMO) plan with rather harsh rules. This takes the form of 'managed care' insurance. You will have to select a doctor who operates in the HMO networking system. This doctor will become your primary care physician and will be the person who refers you to specialists if necessary. You will not be liable for any up-front payment for services, but you might have to pay a token co-payment.
A preferred provider organization (PPO) health plan also utilizes a physician network. However, unlike an HMO or a PPO, you do not have to select a primary care physician. But you will have to pay a larger co-payment should you consult a doctor who is not part of the network.
A point of service (POS) plan combines the benefits of an HMO and a PPO. The POS has no deductible and, like the HMO, the co-payment is very small. A network of physicians is used so your primary care doctor will have to be chosen from this. You will need a referral to consult a specialist.
Lastly, in your quest to get low cost insurance, you could consider opening and HSA (health savings account). This differs from other health plans because the main purpose is to provide coverage for people who have retired. This type of savings account is tax free and is funded by a person under the age of 65 who has a recognized health plan.
You can get low cost insurance quotes for quickly and simply online. It is however important that these quotes comply with recommended ins limits. We've got the inside skinny!
Article Source: http://EzineArticles.com/?expert=Ted_Kripps
Tag :
Health
