Cheap Health Insurance
Health insurance is crucial to protecting both yourself and your budget. Have you read up on how to acquire individual health insurance plans in the past? If so, you might have been scared off by significant premiums and deductibles. Thankfully, there are plenty of organizations that offer cheap health insurance plans that you can use to get coverage for yourself and your family.
We’ll take a look at how health insurance works and show you what health insurance covers and types of health insurance coverage.
Types of Health Coverage
There are multiple kinds of health insurance plans. The type of plan you select will dictate how much you pay, whether you want a referral to see a specialist, and which healthcare providers you may see. Let’s go over the 3 most common forms of personal health insurance plans: HMOs, PPOs, and POS plans.
- Health maintenance organization (HMO) plans: HMO plans necessitate that you only see doctors, professionals, and care providers within the organization’s network. You cannot see any healthcare providers outside of the network, and you must get a referral to see a professional. HMOs are the most affordable type of health insurance plan, but they give you the least amount of freedom to select which care providers you see.
- Preferred provider organization (PPO) plans: PPO plans provide a network of doctors and specialists but do not require that you see them. You will pay an extra fee if you see a health care provider outside of your network. You don’t require a referral to see a specialist with a PPO plan. PPO plans are typically more expensive than HMO plans.
- Point-of-service (POS) plans: POS plans are a combination of an HMO and a PPO. You can see doctors and professionals out of your network with a POS plan — such as a PPO. Nevertheless, you’ll still require a doctor’s referral to see a specialist like you would with an HMO. POS plans can enable you to see the care providers you want with lower rates than PPOs.
What Health Insurance Plan Covers
Every health insurance plan could include or exclude any coverage required before the introduction of the Affordable Care Act (ACA). This made it incredibly tedious to compare programs since there was a little standard of coverage between dozens of choices. Now the ACA dictates that each permanent health insurance plan must comprises at least the following ten “essential benefits”:
- Ambulatory patient services: This is outpatient care that you obtain outside of a hospital.
- Emergency services: Your insurer must cover emergency care at any hospital, irrespective of whether the hospital is in-network or not. Likewise, your health insurance provider cannot necessitate you to contact the hospital before receiving emergency care. You ought to visit the nearby hospital for you in a true emergency.
- Hospitalization: This comprises things such as overnight stays and prescription drugs administered by a doctor or nurse as well as surgeries.
- Pregnancy, maternity, and newborn care: This consists of care before birth and after birth. It also comprises labor and pregnancy complications.
- Mental health and substance usage treatments: Your health insurance provider must provide coverage for behavioral therapy, inpatient mental health services, and substance use treatment. Your health insurance provider cannot put a yearly or lifetime limit on medication for a specific disorder or substance use issue.
- Prescription drugs: Although health insurance providers cannot exclude coverage for prescription drugs, they may require you to try cheap generic treatments before going on to more expensive or habit-forming medications.
- Rehabilitative services and devices: This consists of things such as physical therapy, occupational therapy, and mobility devices.
- Laboratory services: This comprises outpatient blood work and imaging that you receive in a medical facility or hospital (such as x-rays or upper GI scans).
- Preventive services and wellness screenings: This includes things such as physicals, vaccinations, and booster shots. Most health insurance plan providers provide these services for free.
- Pediatric services: Health insurance plan providers must provide health, vision, and dental services to kids on your plan. Nevertheless, vision and dental benefits aren’t ACA requirements for adult plans. You can buy add-on plans through your insurance provider.
Call for your Quote Today
Stop waiting around! The right insurance provider is out there and we’re going to make sure you’re covered for the foreseeable future. Accidents can happen any time whether it’s day, night, workdays, or holidays. Insurance is the best way to prepare for the unpredictable, and a great way to secure your peace of mind. Give us a call today or fill out the form for a quote – you’ll be glad you did!
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