Affordable Group Health Insurance
Affordable group health insurance is available for people in many types of situations, but people may need to do some looking on their own for policies if their employer does not offer health coverage. Those who are self employed can testify that purchasing a single policy is out of most people's price range. Furthermore, business owners with a small staff need to find affordable health insurance both for themselves as well as for their employees.
Any size profit or non-profit company can purchase reasonably priced policies. As a business owner, the best course of action would be to contact an agency and utilize the expertise and advice the professionals have to offer. The agents should be able to give a portfolio of different affordable health insurance companies, as well as an itemized list of each companies' services. Often times employers, when purchasing policies will skim dental and optical coverage to make the plan more budget friendly for the business and for their employees.
When employers take away optical and dental coverage in order to purchase reasonably priced coverage, the employer may want to set up health savings accounts instead. Rather than paying for affordable group health insurance, the employees pay into tax free accounts in order to save up for future medical expenses. The money can be used to pay for prescription drugs, dental exams, eye glasses, and more. Employers choose these options because it gives the employees more flexibility as to what services best meet the needs of their family. For example, if an employee has twenty-twenty vision, that person will mostly likely not need optical coverage, and it would be a waste of money to purchase a more expensive plan for them.
Having reasonably priced plans may require the elimination of some medical services. Some affordable health insurance plans, in order to make them more cost efficient, require a higher co-pay on prescriptions drugs or the affordable group health insurance may only cover eighty percent of hospital visits and emergency care. Some policies eliminate maternity services or chiropractic services because not everyone in the group utilizes these types of medical coverage. In addition, if all of the staff was beyond childbearing age, it would be silly to offer maternity medical coverage.
Therefore, an employer would be wise to examine the medical needs of his/her staff before searching for an affordable group health insurance plan for the staff. These type of policies are not impossible to find, but will take some research as well as working with a knowledgeable agent. Furthermore, others have found networking with others in similar business ventures as well as similarly sized companies to find affordable health insurance, for "a wise man will hear and will increase learning; and a man of understanding shall attain unto wise counsels" (Proverbs 1:5).
Small group health insurance is a program that can be obtained through an employer with less than 200 employees and who has a health care plan that would involve the entire staff. Most employers do not offer a choice with health insurance, but they do typically pay 80% of the standard premium, which saves the employee a tremendous amount of money. This type of insurance is becoming more popular with smaller businesses, and is usually associated with a PPO or HMO small group health care insurance company. PPO and HMO's offer their policyholders a choice in doctors through their network of physicians. The choice, however, is made from a set list. The physician normally seen may not be on that list.
If an in-network physician is chosen, then the small group health care insurance company will pay a set amount of the expenses for services rendered. This amount is typically anywhere from 70%-80%. Normally a co-payment for each office visit will have to be made. These payments range from $15-$50 per visit, and go toward a co-payment deductible. Once the insurance co-payment deductible is met, no further co-payments need to be made for the remainder of the year (yes, deductibles are annual). It should be noted that deductibles and co-payments are all specific to the plan that is chosen also.
Another deductible is the standard annual deductible for service. Anything that is not a routine office procedure is paid for after the yearly small deductible is met. In order to have a lower deductible, a higher annual premium must be made. The annual premium can be broken into monthly payments for the convenience of the policyholder. Annual deductibles can range from $200-$1500 for a small group health insurance policy. These are individual amounts, family deductibles start at $250 per year. Those that are interested in receiving a quote should contact a local health care insurance agency.
Christians interested in receiving small group health care insurance should evaluate what their medical expense needs are before making the purchase. God has allowed the spirit of wisdom to flow through each Christian so that they can make informed decisions in life. Those that utilize this wisdom are praised by God; those that frivolously discard it may find themselves in serious financial and moral trouble. Understanding a small group health insurance policy before making the purchase is wise. "Through wisdom is a house builded; and by understanding it is established." (Proverbs 24:3)
Low Cost Family Health InsuranceLow cost family health insurance is more readily available today than it has been in recent times. With the costs of medical care being out of control, it is comforting to know that one can still get family or even low cost individual health insurance. No single medical care plan will cover all costs associated with health issues, but some will cover more than others and therefore afford policy owners lower premiums. There are more and more programs being offered to individuals who do not have options offered through their place of work, and especially for children. Most, if not all states, now have a plan that is offered to protect children from the hazards of not being insured.
If looking for medical coverage and a student, in the process of job hunting or just traveling the world, there are specific programs that offer low cost individual health insurance. These policies are usually short term, but are therefore, more affordable. Low cost family health insurance will cover doctor visits, hospitalizations and medications. Some programs require recipients to meet certain criteria. Usually it is income based, according to the size of a family. These programs do require a monthly premium, although it is usually much lower than the standard insurance policies.
Even with the cost of health care being out of control, there are options that will afford a family low cost individual health insurance. Many states now offer a program that provides low income families or individuals with affordable coverage options. There are also low cost family health insurance plans in the development stages that require small businesses to offer group plans. State agencies could help subsidize these programs, giving the small business owner the best opportunity to provide for his or her employees. It will be up to each state as to whether or not they participate in the federally supported plan. There are also several basic health insurance programs to choose from on the market, each offering different options.
The bottom line is that there is quality low cost individual health insurance and family coverage available in most areas. Choosing the best program for a family of one or more will be determined by job circumstances, personal preferences and, of course, budget. Ultimately, however, we must trust in God and His plan for our lives. Trusting in Him can provide peace while searching for the best options. "Trust in the Lord with all thine heart; and lean not unto thine own understanding." (Proverbs 3:5)
A cheap health insurance quote allows consumers to receive rates on low priced coverage from a variety of providers. However, getting cheap health insurance quotes is not the only thing that a person will need to worry about. When receiving rates, the individual also needs to get information about the plan that is being quoted to better help the consumer make an informed decision. There are several places to get information on this subject and the Internet or a current agent will be the best place to begin.
When someone seeks information on the Internet, there are several things to pay close attention to, one of which is the deductible. Sometimes a cheap health insurance quote will pop up but it will have a horribly large deductible. This would mean that it would not even be worth it for the consumer to get medical coverage. Another thing that the consumer will need to pay attention to with cheap health insurance quotes is the co pay with a doctor visit. This will be the amount of money required at routine visits and other medical exams.
Next, it is important for the consumer seeking coverage to do research on the company in order to know the history and reliability of this organization. A cheap health insurance quote does not always mean cheap health insurance. The consumer should sure that they are working with a company that will give cheap health insurance quotes but will also do what they say they do. A reliable company that is willing to work with the individual is much more important than a low priced policy that saves money but offers very little service.
Finally, the individual must make sure that they are looking for the best deal for their personal situation. Sometimes it is possible to get a cheap health insurance quote if the consumer is a certain age or in certain need of the quote. The individual should look into all of the deals that they can get with the cheap health insurance quotes. It is also important to spend time with the Lord and obey him in what he asks in order to make the best decisions. "And he said unto them, Set your hearts unto all the words which I testify among you this day, which ye shall command your children to observe to do, all the words of this law." (Deuteronomy 32:46)