Health Plan Versus Health Insurance Historically in the US, Health Maintenance Organizations preferred using the name "Health Plan," whilst insurance firms preferred the name "Health Insurance". A health plan is a medical care arrangement offered by Health Maintenance Organizations through the payment of a fixed subscription. Preferred Provider Organizations and/or Point of Service Plans are also similar to pre-paid legal services and...more
How Health Insurance Works A Health Insurance policy is a binding contract made between two parties, an individual and the insurance company. The contact can also be between a sponsor such as a company and the insurance firm. This contract can be renewed on a monthly or annual basis. The costs that will be covered by the health insurance company will be specified in advance by the insurer and signing of the form indicates an agreement to...more
Types of Health Insurance The types of Health insurance coverage can be divided in to two separate categories and these will outlined. The two types are Traditional care and Managed care and within these there are four types of insurance plans. Traditional plans which are also known as fee for service plans; Preferred Provider Organisations; Point of service plans; Health Maintenance Organisations.None of these Health care plans are better than the other, it just a matter of preference.Traditional Health InsuranceBack in time people had to pay something for their medical expenses then of which their insurance provider would pay the rest of the bill. This was the most common coverage plan used and insurance companies opted for this because it cut down on their costs. A certain percentage is calculated and it will help determine the amount you will pay when making a claim.The Fee-for-service plan was designed in such a way that your insurance provider had no say in when and which doctor you visited, the company could not decided whether or not the visit was necessary. You however needed clearance to have a major procedure done on you such as an operation in which you had to...more
Why Do We Need Health Insurance? With Medical Health Insurance, you are not just safe guarding your life and your health, but you are also preventing yourself from making costly bills. Unexpected expenses that arise from medical institutions can lead your financial down fall. In a recent report published by the National Coalition on Health...more
Las Vegas Health Insurance How to Save Money Las Vegas Health Insurance can be confusing when looking at all the options. Let's start with the basic. When reference is made to a carrier, it is referring to a Nevada Health Insurance company that actually issues and administers the health insurance plan. For example, a Las Vegas health...more
Buying The Health Insurance Through Online Correctly The invention of the Internet makes everything gets easy. It saves the time effectively and also gets effective when we want to buy something. Compared in the past, when we did shopping, we went to the shopping center and choose the items we would like to buy. In fact, it will make everything wasting time and energy. Nowadays, shopping of the health insurance can be done through the Internet. Usually, we only count on the health insurance sales to come to our office and house to do the marketing of many programs in their insurance company. Although you can have it through online, you need to ask further if you think that the information you obtain through online is unclear. Because of that reason, the initial step you need to do will be doing the little research on some of the insurance company in town. The things that you need to examine carefully will be some of the terms that can be contained in insurance policy. The important thing that you have to notice will be the correct information that match with the fact that they are promising and stated in the contract.You need to make sure that they will keep their words...more
An Apple a Day will Keep the Doctor Away… Or in this case Cancerous CellsAdults tell children to eat their fruits and vegetables, so that they will grow up to be strong well-adjusted grown-ups. However, the truth is even some grown-ups...more
View on Health Insurance Quotes from Goodhealthquotes Health insurance is decisively needed for each one of us as no one can be too positive that he or she will not fall seriously sick needing prolonged treatment and hospitalization. It is...more
Whether you are seeking health insurance through your employer or on your own you will be offered a variety of plans. In order to make the proper decision about which plan is right for you it is important to know the basic characteristics of the most...more
When most people learn that their family's health insurance coverage is going to cost more, they shop for a more affordable policy. Often the solution is a combination of an insurance plan and a tax-sheltered Health Savings Account.More than 1...more
We all understand the importance of health insurance; however, as the types of health insurance continue to increase it is becoming more and more difficult to select the type of coverage that is best for you and your family. To help you find out...more
Self employment offers a lot of freedom for the lucky and dedicated people who make it their lifestyle. A self employed person has the ability to set his or her own schedule and to grow his or her career as high as the sky without needing to deal...more