General Health Insurance: What To Look For

2007-03-08 10:33:40

( Health )



There is no disputing the fact that everyone needs health insurance nowadays. Medical expenses are fast becoming costly and paying for these expenses all by yourself is inconceivable. There are several types of health insurance: indemnity plans, health managed organization or HMOs and point of service plans.

General health insurance coverage should include hospital and surgical expenses. These expenses refer to your room and board and other expenses when you are hospitalized. Surgical expenses usually cover surgeon’s fees and other expenses that come with your surgery. General health insurance coverage also pays for physician’s fees. These are fees you incur when you visit your doctor’s office. Major health insurance carriers offer an extremely broad coverage with highest benefits. These types of policies protect you against unforeseen illness or injuries.

General health insurance coverage includes coverage for prescription drugs, maternity and vision care. You should check with each carrier if they provide additional benefits like coverage for mental illnesses. You should also check for out-of-pocket costs in addition to your monthly premiums. Check with each carrier if you are required to pay any co-payment, deductible or coinsurance fees. The same goes if you are getting travelers health insurance. Co-payment is a fee you have to pay whenever you visit a health insurance provider. This is common for HMOs. Deductibles is the amount you have to pay for your medical expenses before your carrier reimburses your claims. Coinsurance consists of paying a percentage of your medical costs once you reach any deductibles that are applicable to your claim.

You can get insurance for your whole family or through another group affiliation like a local club. You can get health insurance through a group policy like your company’s or your organization. However, you can also get individual health insurance policy where you can customize your coverage.


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