Buying a health care plan for the first time can be overwhelming. When you’re new to the insurance market, it is difficult to know if you’re making the right choices.
There are so many types of plans, a ton of new words that most people probably don’t know or understand and you only have a small timeframe to choose an insurer and coverage that is right for you. For most people, they end up having to choose between a Health Maintenance Organization plan (HMO) and a Preferred Provider Organization plan (PPO).
What are the advantages and risks associated with each plan? Heck, what does each plan do for me in the first place?
Before making a final decision, it’s important to clear up any confusion you may have about the choices a Tucson health insurance broker may offer you, so that you fully understand the Arizona health insurance market and can feel confident that you’re investing in health care coverage that you need.
When buying insurance, oftentimes it makes sense to get a plan that covers preventative care rather than picking a plan with a huge premium.
In fact, if you tend to be quite healthy, getting a plan that doesn’t require a co-pay for preventative care can help you to avoid illness or even improve your health, so other services aren’t regularly necessary.
The problem is, it’s hard to define on your own what is considered preventative care. For example, if you get bloodwork because you’re at a new doctor and they want a better idea of your health history, that could be considered preventative, but if you have an illness and the blood work is to diagnose it, that isn’t preventative because you’re visiting the doctor while already ill.
If you don’t ask prior to your appointment and just assume something is preventative, you could end up leaving with a big bill you didn’t expect.
Choosing the correct and most affordable health insurance can be a tricky feat. As a young adult, options range from continuing to stay on your parents’ plans, if they have insurance, to using options provided by schools or states.
With that, the Patient Protection and Affordable Care Act, which was signed into law in 2010, can also cause confusion about health insurance options available and what happens if health insurance is not purchased.
There is a monetary penalty for people who choose to forgo purchasing health insurance. Phoenix health insurance for teens and young adults is available, and there are a range of options to help maximize coverage and lower costs.
Are you new to buying health insurance? Most adults in the United States are relatively uninformed about purchasing health insurance; mainly because they’ve relied on employers to make these decisions for them.
Once you start looking at the various Arizona health plans available in the marketplace you will realize that choosing an individual plan can be quite complicated. Just the fact that most providers have catalog-sized health plan descriptions, and numerous coverage restrictions would make anyone a little intimidated, but the process of buying an individual Arizona health insurance plan doesn’t have to be tricky.
For the past several years, Obamacare - or the Affordable Care Act – has been in the news quite a bit. One would think that by now the average American would know the ins and outs of the law, including the penalties assessed for individuals who choose not to buy health insurance. Unfortunately that is not the case, and one reason may be the incessant partisan "spin" about Obamacare by lawmakers and the news media.
When you start searching for a private health insurance plan, it can be difficult to evaluate the various plan offerings. Unlike many other types of insurance, health coverage is available in a number of different formats. In recent years, people have started moving toward Health Savings Accounts (HSAs) and away from more restrictive HMOs.
Terms like “maximum out of pocket cost” and “tax-deferred HSA” have become a part of the health insurance lexicon. In other words, as healthcare costs have gone up, insurers and consumers have been using the tax law and preventive care coverage as a way to reduce monthly premiums. But how do you know which plan is best for your specific situation?
If you’re one of the lucky Obamacare “survivors,” you might not be aware of all the changes that this new law has imposed on others. People who have managed to maintain their original health plan since the enactment the Affordable Care Act became law might consider themselves lucky, or perhaps they haven’t noticed the subtle differences quite yet.
According to a recent article on NPR.org, "The 7.5 Million Insured Through Obamacare Are Only Part Of The Story," the answer to this question can be quite complicated. The fact that something about the Affordable Care Act is complex comes as no surprise to the many thousands of people who had trouble signing up on the ill-fated web site, Healthcare.gov. But this time the complications are not coming from the administration; rather, the confusion lies in "how" the number of insured Americans is calculated and reported by the media.
It's been nearly three years since this blog has addressed the subject of Arizona's Health Rankings® , but it looks like a lot of good has happened since then. In 2011, America's Health Rankings scored Arizona as number 31 out of 50, but in 2013 this score rose to #28. This is great news for Arizona lawmakers, who are known for being very vocal about health care reform.
In this season of open enrollment, you may have noticed that employers are starting to push the "High Deductible Health Plan with Health Savings Account" a little more vigorously.
Some companies are even offering a donation to the employee's Health Savings Account (HSA) as an incentive to sign up. If your company has jumped on this bandwagon, take heart. It's really not so bad to be offered this type of plan, but only if you take complete advantage of the tax savings of an HSA.
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