Everyone gets sick or hurt at some point in life. Most events are mild. However, there are some unfortunate events when you need to visit the hospital and get assistance. At this point, you will be happy to have health insurance.
In this article we will take you through why health insurance is essential, types of health insurance, and how to find the best health insurance coverage.
Types of Health Insurance Plans
Health Insurance covers the costs that will occur due to being treated for sickness and accidents.
There are mainly two types of insurance plans: group plans and individual plans. Group coverage is provided by an employer, union, or government agency basically where you work. While individual coverage is bought by an individual and they personally negotiate with the insurance company.
What Does Health Insurance Cover?
Almost all the health insurance providers offer plans that cover 10 essential services:
- Emergency services
- Hospitalization (including surgery and overnight stays)
- Outpatient care you get without being admitted to a hospital
- Pregnancy, maternity, and childcare (before and after birth)
- Care for mental wellbeing and drug use disorder, including behavior behavioral care (this includes counseling and psychotherapy)
- Rehabilitative and habilitative services and devices
- Prescription drugs
- Laboratory services
- Preventive and wellness services and chronic disease management.
- Pediatric services, including oral and vision care.
If you think you have a pre-existing health condition, it's important to find out what's covered in your plan. Learn what you owe in addition to the coverage you pay for.
How To Find Affordable Health Insurance
Before you get started shopping for health insurance, make sure that you can afford the insurance and are familiar with how the insurance works.
While many people have chosen to stay covered through their jobs, others prefer to stay on the market. Health insurance is typically purchased individually, and many states have laws in place to protect individuals with pre-existing health conditions.
You may be able to find coverage through an independent agent, as well as through state-based health insurance exchanges to assist you with signing up and finding a plan.
You can also check if you qualify for public insurance coverage. Public insurance companies like Medicaid offer great health coverage at an affordable price. These public insurance companies are funded by the government.
Best Health Insurance Providers
When you find it, choose a plan with maximum coverage. If you have a pre-existing health condition, it will likely cost you more to pay for that insurance than to pay for premiums on your current plan.
Most state-based exchanges are set up to help consumers understand the different plans they can receive on the market. Before you sign up, it's important to understand all that you're signed up for. You won't be able to change your mind after you've signed up, so you might want to read the fine print before signing.
These are companies that health insurance plans:
Blue Cross Blue Shield
The Blue Cross Blue Shield (BCBS) Association offers health insurance coverage to over 100 million Americans. Members of the BCBS have access to services by health care providers (HMO), unique provider organizations (UPO), and preferred provider organizations (PPO).
With the greatest benefit, the HMO programs provide the most detailed coverage which limits doctor options to those inside the HMO. The EPO program includes networks of chosen providers and implements strategies that facilitate and handle healthcare for clients. On the other hand, the PPO aims to provide more variety with a large number of doctors involved.
Cigna Corporation is a multinational healthcare company, operating in over 30 countries and territories with more than 165 million consumer and patient connections.
Cigna’s insurance policies and options include adult and family health insurance, dental insurance plans, Medicaid plans, supplementary Medicaid plans, other supplemental insurance plans, and international health insurance.
There are many appealing benefits for patients, including access to the Cigna telehealth partnership service (which enables you to access telehealth providers approved by the board), home delivery pharmacy, bonus plans, health insurance helpline, and flu shot notifications.
Kaiser Foundation Health Plan, Inc. operates as a non-profit healthcare organization.
Both Private and Medicare Advantage programs offered by Kaiser are HMOs. To those who prefer budget health insurance, HMO rates are usually lower, there is also no limit, and the cost of copays and prescription medications are also lower.
UnitedHealth Group (UHC) is the largest health insurer in the U.S. UnitedHealthcare has outstanding scores of financial power and a countrywide network of PPOs.
Participants of UnitedHealthcare have access to personalized care, including the opportunity to order prescriptions, talk with a doctor on a, and engage in online health programs. Members can even go online 24/7 to locate physicians, set up appointments, file claims, and even speak to a physician through a mobile device. It also has a smartphone app that helps you to access the facilities with a simple touch.
Aetna is one of the US's biggest health insurers. Aetna provides health plans for employers all over the U.S. Aetna provides affordable plans for health benefits, including hospitalization, preventive treatment, office visits, and other critical health services.
Aetna provides a range of different types of provider plans including HMO, PPO, and EPO.
Molina Healthcare currently offers health insurance to more than 3.4 million members across the United States. They mainly focus on government-sponsored health care services for eligible citizens. The business partners with state governments and operates as a health network providing individuals and families with a wide variety of affordable healthcare services.
Before you purchase health insurance, make sure you understand all the details on the product's page to make sure you're getting the best deal.