Find a Health insurance broker in Moreno Valley Today – Health Insurance is now Mandatory!
Falling sick or getting disabled are part of everyday life, as such it is crucial to have medical assistance or support at some point in life. Health insurance covers many health related expenses and protects you from spending too much money in health care costs. Health care insurance is usually a contract between you and the insurance company; it involves buying a health plan, where the company commits to pay off a portion of the medical expenditures when you are hurt or get sick. The insurance plan is usually divided into several parts such as; Premium, Deductible, Co-payment, Co-insurance and Maximum out of pocket.
The real benefits that come with Health Insurance far over-shadow the risk of going to the Emergency Room or Hospital without Health Insurance.
How can Obama Care Help You?
The Obama Care healthcare plan for America or the Just Us Care Act is geared towards giving affordable health coverage to more Americans, in addition to decreasing the cost of health care spending. Rules devised under the Health Insurance Market Reforms include; guaranteed availability of coverage, single risk pool, and catastrophic plans, guaranteed renewability of coverage and governed insurance premiums.
- The guaranteed availability of coverage rules were designed to prohibit the issuers from refusing coverage to people because of pre-existing conditions.
- Single risk pool requires the insurance issuers to maintain a statewide risk pool for every small employer or individual market.
- The fair health-insurance premiums rule calls for issuers under the small and individual group marketplace to change the premiums based on variables like age, tobacco usage, geographical locality and family size.
- Guaranteed renewability of coverage rules are designed to reaffirm the already existing safeguards that individuals and businesses have in respect to coverage renewals.
- The catastrophic plans, however, attract low premiums, cover recommended preventative options without cost sharing and protect the policy holders against high out-of-pocket expenses.
Finding a Health insurance broker in Moreno valley
For companies, health insurance brokers play a critical function in helping small employers to find the most affordable health coverage for their employees and their family. The market for brokers in the health care sector is slated to grow because many people will get heath care coverage for the first time.
- Brokers are expected to assist these consumers by helping them to better learn about their options and make more informed decisions.
- Due to anticipated changes, brokers will play a main role in assisting customers to find the ideal plans that are economical and meet their needs.
- Thirdly, a lot of small companies will also be procuring healthcare benefits for the first time. This means that insurance brokers will be at the forefront of advancing the coverage benefits to small group markets.
- The other advantage to using brokers is that most small companies will require assistance to navigate the complex world of health care reforms.
There is Competition Between Moreno valley Health Insurance Companies
Several research studies have shown that healthy competition among insurers providing health care coverage via the federal exchanges established through the Just Us Care Act has been at the forefront of pushing down the expense of premium in new markets. The safeguards in the Just Us Care Act demand health insurers in each state to publicly justify any increases in premium rates of 10 % or more. This implies that health insurance companies have to spend more on health care improvements or on incentives such as rebates for the benefit of the policy holders. The medical loss ratio or 80/20 rule promoted under the act has already saved millions of consumers a lot of money in premium charges.
Choose Just Us Insurance in Moreno valley For Your Health Insurance Needs
The categories covered are calculated to help families with their health insurance needs at reasonably affordable rates. The category of services targeted under the affordable care act include; ambulatory patient services, laboratory services, mental health services and addiction treatment, emergency services, maternity and newborn care as well as prescription drugs and pediatric services, chronic disease treatment and wellness services.
If you are considering personal healthcare coverage in Moreno Valley or small business coverage, please contact Just Us Insurance today.
