Tips to Ensure You Get Affordable Health Insurance

Tips to Ensure You Get Affordable Health Insurance

Nowadays larger parts of our house hold expenses are spent for meeting the medical costs. The chances of us getting infected with a health disorder are very large and we cannot predict at what time a serious illness or an accident will affect our life. Human life is full of uncertainties and this is the reason why it is advisable to have health insurance coverage for all the members of our family. If we don’t have health insurance coverage, then it would be the greatest mistake that we commit in our life as we would have to spend some good money from our pockets to meet the medical expenses.

The reason why most people do not take health insurance coverage is that they are not able to meet the cost of an insurance product with their limited income. Affordable medical insurance is something that is most common nowadays. But it … Read More

The Different Types of Health Insurance Plans

The Different Types of Health Insurance Plans

There are several different types of health insurance plans out there. When shopping for health coverage, it can get confusing. Each different policy is broken down to satisfy every individual’s needs. It’s important to understand that there isn’t just one type of policy out there.

Types of Health Insurance Plans

Major Medical – This is the most popular type of policy because of the well-rounded medical coverage. The insured pays a monthly premium in exchange for protection from major medical expenses and a small fee for doctor office or emergency room visits, called a copay.

Catastrophic – A catastrophic policy is designed to protect you from major losses. These policies have a larger deductible than your standard major medical policy ($10,000 or more) to keep monthly premium payments to a minimum. People typically buy this kind of policy if they don’t mind paying for minor medical costs but want protection … Read More