Tag: Insurance

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Free Affordable Florida Health Insurance Quote Online

Affordable health insurance is becoming harder and harder to find, but if you are willing to do your homework and comparison-shop you should be able to find something that meets your needs. Getting quotes that compare the different types of insurance is easy when you use an online health insurance website. An insurance quote website will quickly sort through the various companies and policies to give you the lowest quotes possible.

Florida health insurance plans

Before you get quotes on health insurance make sure you know what you are looking for, because there are different types of health care policies

  • A Health Maintenance Organization (HMO) is a group of health care providers who agree to provide care for patients at a flat rate for a period of time. The provider becomes the gatekeeper in keeping costs down and under the flat rate, so that the provider can get a profit while still providing good care. And you the patient get the benefits of a lower premium. HMOs are typically good for health promotion and disease prevention, so if you are a young person or a young family, this may be a good option for you. Often baby checks or yearly physicals are at little or no cost to you. You have little flexibility to see other providers unless your primary provider makes a referral, but these plans can be the least expensive.
  • A Preferred Provider Organization (PPO) is a group of health care providers that contract with the insurance company to provide care at a specific reduced fee. The provider gets the benefit of having a captive patient load, and the patient gets the benefit of lower health care costs. If you need to see a provider who is not in the PPO network, then the cost to you is generally higher. These types of policies have a little more flexibility and will usually cost a little more.
  • A Point of Service (POS) policy assigns you a primary care provider that you can see at a lower cost, and allows you the flexibility to see someone outside the network at a higher price, usually 20% of the bill. These types of policies generally cost more than either an HMO or a PPO. Once you have considered all the various options available in health insurance, do some comparison-shopping. An on-line heath insurance website can provide you with several free quotes to consider. You can find a policy that is a balance of what you want and what you can afford.

Affordable Florida Health Insurance Plans Online

One of the best ways to get affordable health insurance quotes is to go to a free insurance quote website. There you can get competitive price quotes from up to 5 health insurance providers so you can compare plans and prices. After you have your quotes, you can look closely at the policies and decide which one is the best for you.

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Source by Jim Westin

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It is rightly said that necessity is the mother of invention. This applies to health insurance also. Deteriorating lifestyle patterns and the rising cost of health care in India has paved way for health insurance services. This need has further aggravated by the fact that unlike the West, the social security systems are non-existent in India. The governments have made all the provisions to extract tax from the citizens at all possible points but when it comes to health care and social security, it has not done anything at all.

Thus, it is the responsibility of the citizen to secure himself. But it is not that smooth to get the right health insurance policy. There are over two dozen general insurance companies which are offering different types of health insurance plans in India. Many times, people end up buying health insurance plans which are not relevant for them and which do not help them during the time of need.

Therefore, it bears crucial significance that you understand the nuances of health insurance plans and then only make a decision. Here is a quick list for you.

What all do health insurance plans cover?

Health insurance plans are primarily meant to provide you coverage against hospitalization and critical diseases. Most plans cover this. But, there are many plans, which do not cover certain types of health ailments. For instance, you can find several mediclaim plans which do not cover blood pressure and diabetes related issues.

The scope of coverage can be different too. For instance, not every plan covers post-hospitalization expenses. In some the coverage period can be as large as 45 days and in some the period could be as little as one week.

It is your responsibility to check on these matters. If you are relying on the insurance agent who is pursuing you, it can cost you dear at later dates. Agents are interested in making sales and commission. They may show their concern and tend to offer you the best plans, but they reality can be very different. So, just take care of these aspects.

The development of health insurance industry in India has motivated insurance companies to introduce comprehensive plans. A wide range of riders are also available at your disposal. Thus, if you buy a standard policy, you can add on riders which can provide you cover against many other risks such as permanent disability benefit, diabetes coverage, etc.

Do they cover pre-existing conditions?

Most mediclaim plans in India do not cover pre-existing conditions unless specified. Do not assume on this matter. If you are looking for coverage against a pre-existing medical condition, then clarify it at the very first instance. You can compare health insurance plans online and consult with customer care center through online chat option or telephonic call.

There are plans which cover pre-existing ailments at certain conditions. Generally, there is a pre-specified period under which pre-existing conditions are covered. The cost of such plans is naturally higher than the standard ones.

Can multiple family members be covered under one plan?

Yes, it is possible. You can simply opt for a family floater plan and get your family members covered under a single plan. There are myriad benefits of these plans. The premium is a bit higher but quite less if you go for different health insurance plans for various family members. The collective cost for various plans is much higher.

Family floater plans, at the other end, are cost effective. The most frequently asked question about family floater plans is what happens if one member consumes the coverage limit and another member falls ill. There are solutions to these conditions.

You can top-up coverage limit during the policy period. Of course, you need to pay some additional premium to get the extended coverage.

Can you switch from one health insurance plan to another?

Portability is not limited to the telecom sector only. The Insurance Regulatory and Development Authority of India (IRDAI) has made portability possible in the health insurance sector.

If, due to any reason whatsoever, you wish to change your health insurance service company, you can file an application for the switch. Health insurance is offered by general insurance …

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Let’s start with the basic terminology with health medical plans (health insurance).  There are three basic coverages to a plan, the deductible and coinsurance (coins) and the frequently used copay.  I will explain them below.

Deductible: This is what you pay out of your pocket before the insurance company pays any claims. Deductibles are on an annual basis and reset every January first. This is similar to your car or homeowners insurance policy.

Coinsurance: Once you meet your annual deductible, the insurance company shares some expenses with you until you reach your annual maximum out of pocket. Plans are written as 80/20 plans or 90/10 plans, they always add up to 100%. This is not unlimited there is a stop loss for you.

 

Co-pay: A co-pay is the amount you pay for a visit to the doctor (HMO or PPO plans) or a pharmacy prescription plan. The copay has nothing to do with the annual deductible and not all plans have co-pays.

 

What should a family look for when buying health insurance?

 

If you see the doctor a lot or your children frequently need a doctor’s care you may want a Health Maintenance Organization (HMO) plan. An HMO is a type of plan that has a network of doctors and facilities that you must go to for health care. Your health insurance company will have a list of doctors for you to choose from and the doctor you choose is the doctor you must go to when you feel sick.  You the patient is responsible for when you visit a health care facility with a co-pay, this is good for an individual or family with children that need to see the doctor many times in a year.

 

If you’re a person who does not go to the doctor a lot except for a checkup, you may want a PPO plan. These insurance plans have a network of providers that you can go to receive health care at a discounted or negotiated rate. Although there is a network of doctors who agree to the negotiated rate not all do and these are considered out of network. A PPO health plan allows you to go to out of network doctors but you will be responsible for the higher non-negotiated cost of health care.

 

The greater the insurance coverage, the higher the premium that you need to pay for individual and family health insurance.

Buying Health Insurance Online

The internet is a powerful way to shop for insurance. Most health insurance quotes from websites will let you run comparisons of all types of plans from all the top health insurance carriers. You can search and purchase insurance online without the need to talk to an agent. The prices for insurance plans are state mandated and no one website can give you a better quote than another.  Buying direct from the insurance company won’t save you money either, everybody has the same price.  Working with an agent gets you free advice and helps you sort out plans that are best for you.  So shop online, there is no obligation to buy and you can complete applications right online.

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Source by Ronald Filian

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It's a well-known fact that smoking causes an adverse effect on your health. You must have seen the warning message on all cigarette boxes – 'Smoking is injurious to health'. Smoking tobacco is a root cause of 30% of all cancer deaths and causes 16 times higher risk of heart attack.

There are almost 120 million smokers in India. As per World Health Organization, India accommodates around 12% of the world's smoking population. The number of men smoking tobacco has increased from 78 million in year 1998 to 108 million in the year 2015. Tobacco consumption is accountable for the death of 6 million people each year. Direct tobacco consumption accounts for over 5 million deaths and 0.6 million deaths are due to exposure to second-hand smoke. Considering serious public health risks, the Government has banned smoking in public places from 2nd October, 2008.

Not only your health, it also causes you to pay higher premiums for a health insurance policy, due to increased health risks and shorter life expectancy. A nonsmoker however, gets premium discounts as a reward to lead a healthy lifestyle. Being a smoker, it is advisable not to hide your smoking habit from your health insurance company, as it helps you to cover the smoking-related health issues.

There is a wide curiosity among people, how smoking impacts the health insurance and its cost. Let's educate yourself about smoking and its impact on health insurance policy.

Smoking – What It Includes

Smoking includes inhalation of of the smoke of burning tobacco in the form of cigarettes, cigars and beedi. Whether you are an occasional smoker or frequent smoker, you will be considered as a smoker under the health insurance policy.

Smokers can buy health insurance, however an insurance company may charge extra premium or reject your application for insurance, depending on the number of cigarettes you smoke on a regular basis. A smoker may also have to go through additional health check-ups that can help an insurance company to ascertain the risk factor and then charge the premium amount accordingly.

How Smoking Affects Your Health and Insurance Premium

Smoking makes the serious impact on your health, some of them are detailed below.

Circulatory System: Smoking results in increased risk in the heartache and blood pressure. Building up of fatty acids could resulting to atherosclerosis.

Immune System: Smoking results in severe and long lasting illnesses. Smokers are more prone to develop ulcers, cancer, pneumonia, high blood pressure, bronchitis, and other viral / bacterial / fungal infections.

Respiratory System: Smoking may damage lung functions and breathlessness. It may cause damage to the air sacs of the lungs, increased chance of developing chronic bronchitis.

Oral Health: Smoking can lead to tooth loss, tooth staining, gum disease which may increase the risk of tooth decay.

Cancer: Smoking for a long time also causes cancer to various body organs.

When it comes to a health insurance policy , an insurance company considers the magnitude of illnesses and deaths caused due to smoking and that's why, smokers need to pay higher premiums to avail health insurance cover. Typically, the insurance companies charge around 15 to 20 percent higher from a smoker policyholder. Those who smoke would need to undergo additional medical checks, before the insurer issues you the policy.

Let's understand the difference of premium between a smoker and non-smoker individual.

Ritesh (non-smoker) at 30 years of age buys an individual health plan with Rs 5 Lacs coverage, for 1 year policy term, the chargeable annual premium amount is Rs 4,656. However, Raj (smoker) is buying an individual health plan, he is charged with an annual premium amount of Rs 7,552. An increase in premium amount is only due to the fact that Ansh lies in the smoker category of premium. We can see Raj is paying Rs 2896 extra on account of smoking.

Smoker with Existing Health Problems

If you are a frequent smoker that has caused the symptoms of the declining health condition and getting puzzled whether you can get a health insurance. The answer is yes, the only thing required is to make honest and proper disclosures.

The insurance company will then assess the risk associated with your profile …

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In this article we will explore the reasons that motivate employers to get group health insurance for employees and we will look at the advantages and disadvantages from both points of view.

Group Health Insurance VS Individual Private Health Insurance

Probably the most significant distinguishing characteristic of group insurance is the substitution of group underwriting for individual underwriting. In group cases, no individual evidence of insurability is usually required, and benefit levels can be substantial, with few, if any, important limitations.

Group underwriting normally is not concerned with the health or other insurability aspects of any particular individual. Instead, it aims to obtain a group of individual lives or, what is even more important, an aggregation of such groups of lives that will yield a predictable rate of mortality or morbidity. If a sufficient number of groups of lives is obtained, and if these groups are reasonably homogeneous in nature, then the mortality or morbidity rate will be predictable. The point is that the group becomes the unit of underwriting, and insurance principles may be applied to it just as in the case of the individual. To assure that the groups obtained will be reasonably homogeneous, the underwriting process in group insurance aims to control adverse selection by individuals within a group.

In underwriting group insurance, then, certain important features should be present that either are inherent in the nature of the group itself or may be applied in a positive way to avoid serious adverse selection such as:

Insurance Incidental to the Group: The insurance should be incidental to the group; that is, the members of the group should have come together for some purpose other than to obtain insurance. For example, the group insurance furnished to the employees of a given employer must not be the feature that motivates the formation and existence of the group.

Flow of Persons through the Group: There should be a steady flow of persons through the group; that is, there must be an influx of new young lives into the group and an out flow from the group of the older and impaired lives. With groups of actively working employees, it may be assumed that they are in average health.

Automatic Determination of Benefits: Group insurance underwriting commonly requires an automatic basis for determining the amount of benefits on individual lives, which is beyond the control of the employer or employees. If the amount of benefits taken were completely optional, it would be possible to select against the insurer because those in poor health would tend to insure heavily and the healthy ones might tend to elect minimum coverage.

As the group mechanism has evolved, however, insurers have responded to demands from the marketplace, particularly large employers, for more flexibility in the selection of benefits. This flexibility typically is expressed in optional amounts of life and health insurance in excess of basic coverage provided by the employer and in more health care financing choices. Also, increasingly popular cafeteria plans allow participating employees to select among an array of benefits using a predetermined allowance of employer funds. Individuals select, subject to certain basic coverage’s being required, a combination of benefits that best meet his or her individual needs.

Minimum Participation by the Group: Another underwriting control is the requirement that substantially all eligible persons in a given group be covered by insurance. In plans in which the employee pays a portion of the premium (contributory), generally at least 75 percent of the eligible employees must join the plan if coverage is to be effective. In the case of noncontributory plans, 100 percent participation is required. By covering a large proportion of a given group, the insurance company gains a safeguard against an undue proportion of substandard lives. In cases in which employees refuse the insurance for religious or other reasons that do not involve any elements of selection, this rule is relaxed.

Third Party Sharing of Cost: A portion of the cost of a group plan ideally should be borne by the employer or some third party, such as a labor union or trade association. The noncontributory employer-pay-all plan is simple, and it gives the employer full control over the plan. It …

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Think you can’t find affordable health insurance if you’re self-employed, or your employer doesn’t provide it? While it is true that health insurance has become expensive, there are a few options for cheap health insurance. Here are two forms of cheap health insurance.

Cheap Individual and Family Health Insurance Plans

Managed care plans such as an HMO offer rates lower than traditional health insurance. By using a network of care providers, insurance companies can provide quality health insurance at a lower price. There are many different types of HMO insurance plans with various types of coverage. Basic plans can be surprisingly cheap.

Another type of plan that is gaining popularity fast is the (HDHP) High Deductible Health Insurance Plan. This plan also uses a network of care providers to help reduce costs. The other way it reduces costs is with a high deductible amount. You still get complete coverage for accidents and illness, but with a higher deductible. Deductibles for this type of plan range from $1000 up to $10,000.

Researching the different insurance companies and plans, will help you find the cheapest health insurance. Everyone needs health insurance and new types of low cost plans are being developed by major insurance companies to provide coverage for everyone.

Cheap Health Insurance Quotes

Because almost all major insurance companies have made their medical plans available online, you can go shopping for health insurance any time, night or day, and find cheap individual and family health insurance quotes in a matter of minutes.

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Source by Jim Westin

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Many people think why to buy medical insurance but the key fact is that in the present scenario having a well-designated insurance policy is beneficial for you and your family. Many insurance companies are well coming up with various types of plans and policies that fit your requirements effectively.

There are several reasons are behind choosing health-or-medical insurance coverage policies. It is a typical type of insurance coverage plan that basically pays for medical expenses with certain terms and conditions. It is a good idea to pick the best-guaranteed insurance services from the established company.

Another fact is that multi features based insurance policies are easily accessible in the market that allows the customers to pick their choice of plans and policies efficiently. No one wanted to get sick or hurt buy mishap can occur any time at anywhere so it is better to insured with best health insurance plans in India by availing their advanced services and instant care.

Why people need health-insurance facility:

Most of the people cannot able to afford the high medical private expenses and that gives the introduction of the medical insurance policy. With the help of some amount of premium, the customer can easily able to hire best-required health-insurance policies. There are plenty of insurance plans are available as per your budget and need to cover you and your family.

The best plans for emergency or health problems cover several diseases and protect you from future concerned problems also. In the present time, many people are seeking for availing the best family health-insurance cover to stay safe.

What is the main function of any health insurance policy?

The typical any medical insurance is ready to serve the customer with all primary care services. The primary function of the medicals includes daily routine care, chronic condition, emergency medical assistance and pharmaceutical.

Especially when it comes to choosing private medical facilities for treating health problems is really not affordable for all people. The middles class families are not able to afford it due to high charges. So in those cases, the accessibility of health insurance is the best way to claim for the treatments charges and get benefited.

The Benefits of modern insurance plans

Another fact is that the entire insurance market is booming and emerging with numerous riders and benefits for the insurance holders. One of the major facts for choosing health insurance plans in India is also due to high medical expenses. In the present time, many hospital and specific clinics are charging huge treatments charges for several treatments which are not affordable for all.

Many people as getting aware of the benefits of medical health insurance policies are becoming more conscious to hire them. Choosing the best good health insurance policy is leading to serve the holder better financial support towards the medical treatments charges.

As time goes all the medical treatments and charges for the medical tools or medicines are increasing day by day. The customers are willing to reduce the burden of their medical expenses by ensuring the best health insurance benefits effectively.

So in short and simple way it is good for the family security. All the family members get a medical coverage and can be safer under the umbrella of medical health insurance plans. Choose the active plans that suits to your needs and family requirements and make your future safer.

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Source by Suraj Anjaana

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Almost everyone can see the logic of carrying a high-deductible health insurance plan to protect against the major unexpected expenses. Yet a high deductible can make some people a little nervous. Even a short trip to the emergency room to get stitches can cost several hundred dollars. If you break your leg skiing, the cost could quickly run into thousands of dollars.

Fortunately for people with these concerns, inexpensive supplemental accident plans are available which can reduce your deductible to just $100.

Though any type of medical expense can sneak up on you, most chronic illnesses provide clues long before they get serious. If you’re overweight, if you have digestive issues, or if you have a difficult time climbing a flight of stairs, you’re aware that you have health concerns long before your doctor or insurance company knows. But nothing sneaks up on you faster than an accident.

How Accident Plans Work An accident plan won’t pay a penny if you get sick, but if you have an accident and go to the doctor, emergency medical clinic, hospital emergency room, or even if you’re admitted to the hospital, they’ll cover 100% up to the set limit after a $100 deductible.

Some insurance companies offer these as options with their plans, or you can purchase an accident plan separately. These stand-alone accident plans will pay up to $5,000 or $10,000. And they are very reasonably priced, ranging from $32/month for the $5,000 plan for an individual, to $42 for a $10,000 plan for a family.

How Accident Plans can Work with Your HSA Having an accident plan can be a great way to buffer the risk that comes with a high-deductible health insurance plan. Let’s say you have a $5,000 deductible on your HSA plan, and it then pays 100%. In that case, you may want to consider adding a $5,000 accident plan to your coverage. If you were to have an accident that led to an emergency room bill of $800, you would only be responsible for $100.

If you were to have a very major accident that required hospitalization, your accident plan would pay $5,000 after you paid the first $100. This would cover your deductible on your HSA plan, which would then pay 100%. Your exposure would only be $100.

Another money-saving strategy you may want to consider is raising the deductible on your HSA (which will lower your premium), and adding an accident plan.

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Source by Wiley P Long

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Getting health insurance quotes without giving your phone number is easy and something you should do right now. Whenever you are online do you stop when asked for your phone number and best time to call? I do…I can’t stand to be interrupted at home…especially by a salesperson.

Asking for your phone number is an intrusion most people avoid. The bad news is they are unaware of market conditions in personal health insurance. Health insurance is an expensive, necessary evil but it should be something you should never overpay for. Asking for a phone number is a turnoff. But there is good news…

You can get up to a hundred health insurance quotes without giving your phone number. You are asked for the following and the following only, for each person you are trying to insure:

· Zip code

· Gender

· Date of Birth

· Smoker or not

· Student or not

That is it…no phone number…no medical questions.

My wife and I have used this free, no obligation service for 8 years. I hate to spend a penny on insurance of any kind. But I have the assurance that I am paying the very least amount for my policy.

I filled this out just the other day…it took less than a minute…I received 112 different policy quotes to choose from…the quotes had the monthly premium, company name, deductibles, co pays, and a real plus…I could find out if my current doctor accepted this policy.

You should know what kind of policy you are looking for. Since we are healthy, exercise and eat right, we look for high deductible catastrophic coverage. These have the very lowest premiums.

But the prices vary greatly…I identified a savings of $684 per year over what I am paying now. So you should use this free service every several months. It is easy fast…and no one will call.

Once you narrow down the policy that meets your needs you then fill out one application and one application only. Isn’t this better and far faster than talking to several dozen salesmen or saleswomen. That is what you would have to do to get the same amount of information with every other service on the web.

Wouldn’t you rather get health insurance quotes without giving your phone number?

Here’s how…

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Source by Gary Pierce

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If you are between the ages of 50 and 65 and you are going to be looking for health insurance or are looking for health insurance you need some help. This is a tough age (of course what age isn't starting with the terrible twos) because you are at a prime age to start developing health problems. Statistically speaking and statistics is the only language insurance companies speak, the insurance company can predict they are going to spend more on 50-65 year old than a 20-45 year old. For that reason premiums are much higher for the older person.

But, we Baby Boomers are a smart group and where there is a will, there is a way. So let's look at some of the options:

If you currently have a job and are looking to retire or start your own business, you have a couple of avenues you can investigate. First you can inquire if your company will let you buy health insurance through the company plan. If your company will let you do this your employer (assuming we are talking early retirement) may subsidize part of your premiums. If not, you still get group rates which are a whole lot cheaper than individual rates. If you are married and your spouse is still working strongly consider adding yourself to his / her plan if that option is available to you.

The next option (if you currently have a job which provides health insurance) is COBRA or Consolidated Omnibus Budget Reconciliation Act. COBRA lets former employees and their dependents continue their employer's group coverage for up to 18 months. The best thing about COBRA is it is guaranteed. Your former employer's insurer can't turn you down even if you have a chronic medical condition. The worst thing about COBRA is the cost. Your employer generally covers 70% or more of your health insurance premium. With COBRA you have to pay the whole premium plus administrative costs. Industry surveys indicate based on an average premium (for 2007), a former employee would have to pay more than $ 373 a month for individual coverage and more than $ 1,008 a month for family coverage.

If you are not currently employed by a company who provides health insurance there are still choices for you. If you have pre-existing conditions such as diabetes or high blood pressure you can receive coverage through a state high-risk health program designed to help those with medical conditions that prevent them from getting insurance. Again though like COBRA the premiums can be quite high.

You can also check out professional organizations you could join or are already affiliated with to see if they offer health insurance policies for members. Because these are group plans, the premiums may be less than what you would pay in the individual market.

Finally, there is the individual health insurance option. There has been some progress in terms of offerings of policies for the 50-65 year age group market mainly because insurers see this age group as a potential growth market. Many Baby Boomers are in good health and have higher income than younger people. Also insurance companies hope that retirees will still purchase their products, such as supplemental insurance, even after they're eligible for Medicare. Some of policies currently offered may have premiums as low as $ 200 per month for people who are in good health and willing to pay a high deductible. Many insurance advice columnists recommend combining a high deductible individual health insurance policy with a health savings account. HSA contributions are made with pretax dollars, and any money left over in the account at the end of the year is rolled over for future use. Withdrawals are not taxed if used for qualified medical expenses.

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Source by Marilyn Katz

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