| What Are Some Drawbacks to Buying Insufficient | | | | expense of hospitalization. |
| Health Insurance? | | | | " Surgical Expense Insurance - Covers the |
| Health insurance is necessary in order for people | | | | expense of surgery. |
| to afford health care. However, some people do | | | | " Major Medical Insurance - Protects losses from |
| not know anything about health insurance, which | | | | serious injury or great illness. |
| could lead to trouble when they are negotiating | | | | As part of the policy, patients are responsible for: |
| their policy with an insurance agent. There is a | | | | " Deductible - The cost a patient pays after |
| possibility of them endangering their health and | | | | service before the insurance company pays. |
| finances, as well as not finding the right doctor in | | | | Higher deductibles mean lower premiums and |
| a participating health network. | | | | vice-versa |
| People do not have to research health insurance | | | | " Co-Payment - The cost required upon doctor or |
| the moment they receive their first quote from | | | | health care provider visits |
| an agent. Instead, consumers should ask the right | | | | " Coinsurance - The percentage of a medical bill |
| questions about their insurance coverage and | | | | required by the patient to pay after the applicable |
| follow these guidelines to receive the best | | | | deductible. |
| coverage and service from insurance agents. | | | | Consumers should know that insurance agents |
| Know the difference between Indemnity Care | | | | should suggest additional health insurance |
| and Managed Care | | | | coverage. These types of benefits include |
| Indemnity Care allows patients to select their own | | | | insurance on the following: |
| hospital, physician and other care providers and | | | | " Prescriptive drugs |
| services. With indemnity care, patients are | | | | " Maternity care |
| reimbursed up to a percentage or maximum | | | | " Mental health |
| amount of medical costs. | | | | " Vision |
| However, managed care allows insurance | | | | " Dental |
| companies to arrange doctors, hospitals and health | | | | " Preventive care |
| care providers and services to patients. This is | | | | More Advice About Health Insurance |
| usually organized under three plans of patients' | | | | Consumers should follow this guide for better |
| choosing: | | | | health insurance and in finding the right health |
| " Health Maintenance Organization (HMO) | | | | insurance agent. Normally, insurance companies |
| " Preferred Provider Organization (PPO) | | | | should be able to tell them more than what is |
| " Point of Service (POS) | | | | mentioned by this guide. However, it is a good |
| Know What The Insurer Is Responsible In Paying | | | | idea for consumers to shop at different insurance |
| There are four major expenses insurers cover: | | | | agencies for the best coverage at affordable |
| " Physician Expense Insurance - Covers the | | | | rates. Still, a health insurance agent can help them |
| expense of doctor or hospital visits. | | | | further if they ask them to. |
| " Hospital Expense Insurance - Covers the | | | | |