About Health Insurance

Health Insurance
In the U.S, health insurance is the term use to describe any program that helps pay for the costs of medical services whether purchased through private insurance company, social welfare program funded by the federal government or social insurance programs such as, Medicaid, Medicare and the State Children's Health Insurance Program (CHIP). These programs are designed to provide assistance to people who cannot afford health insurance plan on their own. Synonyms for health insurance are "health care coverage," "health coverage," and "health benefits."

Why do we need health insurance?
Health insurance isn’t a luxury but a necessity. It is a contract between you and your insurer in which they agree to pay part of your medical care expenses and helps protect you from paying high health care cost. It can be tempting and risky to go without health coverage as many people feel they are living a healthy life so health insurance isn’t for them. It is not a good idea to go without health coverage as no one can predict your future medical needs. Better prepare now and have some form of health insurance.

Factors

Factors to consider when buying health insurance
    The key to getting the best health plan depends on numerous factors including:
  • Health benefits: to keep your cost down, be specific about what health benefits you need. For example, prescriptions, dental care, vision care, etc .Choose a plan that includes required benefits.
  • Exclusions and limitations: determine what exclusions are there on your plan. Exclusions are services not covered under your prospective plan and if covered; coverage might be limited (limitations).
  • Types of plans; HMO or PPO (generally two common types of plans to choose from).
  • Health insurance cost including co-pays, deductibles, premiums, out-of-pocket maximum, and co-insurance. http://www.personhealthinsurance.com/blog/7-essential-individual-health-insurance-terms/
  • Your employer's plan might not work best for you
  • Your doctor may not be covered
    Factors affecting health insurance premiums
  • Age
  • Gender
  • Body mass index
  • Current health condition
  • Use of tobacco
  • Smoking and alcohol habits
  • Family history
  • Profession
  • Marital status
  • Past claims

Common Type of Health Insurance Plans

Health maintenance organizations (HMO)

HMO is a medical insurance group which offers the type of plans that provides health care services for a fixed annual fee.

Preferred provider organizations (PPO)

A type of health plan that contracts with hospitals and doctors (medical providers) to create a network of providers; choosing providers within the network would cost you low.

Exclusive provider organizations (EPO)

A type of health insurance plan which combines some characteristics of HMO and PPO plans offering benefits depending on whether an insured choose to use in-network or out-of-network providers.

Point-of-service (POS)

A type of health insurance plan which combines some characteristics of HMO and PPO plans offering benefits depending on whether an insured choose to use in-network or out-of-network providers.

High-deductible health plans (HDHP)

A plan with lower premiums and higher deductible amount. Being covered under HDHP is one of the requirements if you wish to open health savings account (HSA).

Why Person Health Insurance?

We help you selecting the right health plan

Our years of experience in the health insurance industry have made us the best company of choice for best health care services. We can help you choosing the right health plan for you.

24/7 free support

We respect your time and efforts contacting us! Our agents are available 24/7 round the clock for your assistance.

Quick Settlement

When you meet with an accident or any other medical problem we are here for immediate claim settlement.

Good Negotiation Power

We bargain you gain! To help you get the best health insurance rates we use our negotiation skills and that’s the reason we surpass all competitors.