It is always good to have a health insurance cover as it protects you in cases of emergencies, saves you high medical fees as well as giving you peace of mind. You can look at Health insurance quotes 2021 to help you settle for the best policy. These policies can cover hospital visits, emergency care, medications, and many more.
There are many benefits of having health insurance. Such include:
- Safeguarding your savings: Having health insurance protects you from having to dip into your pockets as medical expenses are always rising.
- You are guaranteed quality treatment: You can access healthcare facilities when unwell and get treated as most policies make payments directly to these healthcare providers.
- It also offers health coverage for you and your dependents. You can get a family plan that incorporates all the benefits for your loved ones at an affordable premium.
- The benefits offered: a health insurance plan covers any hospitalization charges as well as any other additional costs such as prescriptions, medical tests, ambulance costs and many more.
If you are going through some changes in your life, you can settle for an ideal short-term healthcare plan. It is also appropriate if you are on a health care waitlist. A short-term insurance plan is legally supposed to be between 30 and 354 days, and it can be extended up to 36 months.
There are different types of health insurance that you can go for. These include:
- Exclusive provider organization plans, also known as EPOs: They give you a network of service providers for you to strictly select from. They do not cover out-of-network providers unless in emergency cases. You incur the cost for any non-emergency cases if you use such a provider. You can also be required to pay additional deductibles, coinsurance, or copays under such plans.
- High deductible health plans (HDHPs): It is similar to PPO; however, it has a high deductible which you are required to pay before you can benefit from any services. However, they are cheaper than other plans.
- Health maintenance organization plans (HMOs): They require you to select a physician or a primary care provider from a list of providers who work with your insurance. The primary care provider coordinates all your medical needs, including referring you to a specialist should you require one.
- Point of service plans (POS): They are flexible, unlike other plans. With this plan, you are required to pay regular preventative visits to your primary care provider. He can also refer you to a specialist in cases where one is needed. However, these visits can be charged a deductible.
- Preferred provider organization plans (PPOs): They have in-network service providers with pre-negotiated costs. You can still visit an out-of-network; however, it may be more expensive for you. With this plan, you can visit a specialist directly. It also has an annual deductible as well as copays or coinsurance for care that is non-preventive.
You can go through various online resources to get the best health insurance quotes suitable for you.