Hi, my name is Brian Stevens. I am a former insurance agent and financial consultant and I want to show you how to get inexpensive health insurance with a reliable company. There are four types of comprehensive health insurance plans.
First, indemnity plans. These plans lets you choose your own doctor and they pay all your medical bills up to specified daily amount for specific number of days. Indemnity plans are the most flexible health care but they are the most expensive plans and they involved the most paper work.
Second, HMOs or health maintenance organizations, with these plans you pay a monthly premium to join a network of physicians and hospitals. You must choose a primary care physician within the network who oversees your medical care. HMO is the most restrictive of all the health insurance plans but they are also the cheapest plans. Co-payments are either very low, $5-10 or free.
Third, PPOs or preferred provider organizations, with these plans you also pay a monthly premium to join a network of physicians and hospitals. You can choose to see the doctor you prefer but if he or she is not part of the network you need to pay an extra fee. PPO’s cost a little more than HMOs but a lot of people prefer them because they are less restrictive. Co-payment average is $5-10.
And fourth, POS’s or point of service plans. These plans are a combination of HMOs and PPOs. You must choose a primary care physician to oversee your health care treatment or you can see a non-network physician without having to pay extra fees if your primary care physician refers you to one. POS plans cost a little more than PPOs and HMOs but are more flexible. Co-payments are about the same as for HMOs and PPOs.
In order to determine which health insurance plan will best meet your needs, you need to find out the following. First, is the plan covered the services you need? Second, what co-pays, deductibles, and co insurance does the plan have? Third, how much freedom do you have in choosing your own physician and fourth, what is the waiting period for pre existing conditions?
In order to get the best rates on health insurance, you need the comparison shop. Thanks for the internet, you do not have to spend hours on end calling local insurance companies or surfing single company web sites to get quotes.
Now, you can go to an insurance comparison web site, fill out the simple questionnaire and get quotes from multiple companies. The best comparison sites only deal with A-rated company so you know the company you choose will be reliable and will give you good service. The best site also had an insurance expert on hand to answer any questions you may have.
The best way to get inexpensive health insurance is the comparison shop and the easiest way to do that is to get quotes from an insurance comparison web site. It is quick, it is easy and it is free.
Visit lowerratequotes.com to get health insurance quotes from top rated companies and see how much you can save. You can get more insurance tips on their article section and get answers to your questions plus get advice on how to lower your premium from an insurance expert by using their online chat service.
Just enter lowerratequotes.com in your internet browser or if you are on YouTube or Medicafe you can click on the lower rate quotes link to the right or the bottom of this video.
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